23. Agreements between the co-operative societies and their members.

[24. Manner of realization of premium or price of plots.
(a) 25 per cent of the total land premium for the plot, along with such earnest money, not exceeding 10 per cent of the premium, as may be decided by the Authority, shall be deposited at the time of submitting the application for allotment of land;
(b) 50 per cent of the premium shall be deposited within 60 days of the issue of demand-cum-allotment letters; and
(c) balance premium after adjusting the earnest money shall be deposited before taking over possession of the land or within two months of the receipt of communication from the Authority offering possession, whichever is earlier.