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How does Evergrande compensate for the delay in delivery?
1. If the contract amount is calculated on a daily basis, the average daily interest rate is within the normal range from one ten thousandth to three ten thousandths. If the daily interest rate is only 0/10000, you can claim to apply to the court for an appropriate increase in compensation.
2. A compensation standard can be formulated by multiplying the rent level of similar houses around by the delay in delivery.
3. China Evergrand Group, formerly known as Evergrande Real Estate Group Co., Ltd., is a modern international enterprise group listed on the main board of The Stock Exchange of Hong Kong Limited, integrating real estate planning and design, development and construction, and property management, and registered in Cayman Islands (UK).
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