The Tamil Nadu Government has announced waiver of penal interest on the monthly instalment of the outstanding principal dues and the interest for five months for every year on the difference in land cost (between the original land cost paid and the final cost) to be paid by the allottees of the houses, house sites and flats of the Tamil Nadu Housing Board (TNHB), Vellore Housing Unit (except Vellore Phase-5) who have not obtained their sale deeds so far, provided they pay their outstanding principal dues before March 27, 2013.
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