Emirates City Forum

BL PROPERTIES SAYS: “We request you to start making payments again according to your construction based payment plan. We are committed in moving forward however, we can't do so without your continuous support and meeting your end of the financial requirements”.

for me it's out of question to restart payment, I don't trust on them, they can stop the construction again. I want to see a real construction activity, for that I go there in Ajman in december inchalah.
I remember you that the project must be ready in december and during one year we don't have any news or mail...

Ajman real estate regulator unveils new guidelines
31/08/2010 06:07:29 AM GMT

31 August 2010
DUBAI -- The Ajman Real-estate Regulatory Agency (ARRA) on Monday introduced new guidelines that link payments to construction.

The ARRA said it has completed the rules and guidelines concerning sale and purchase agreement (SpA) annulment and the terms and conditions that are required to terminate the contract between the developer and investor, when the contractual obligations by any of the parties is violated.

Dear all,

After several visits to SyndicateCorp, I have personally met Kamil Khan 3 times now. He has given me no suitable solution what so ever. We really need to investigate Legal Option/RERA/Dubai International Arbitration Centre.

I have created this forum for us to discuss options and organise our next meeting. Please post your feedback, suggestions here.

Regards
JJ

have a look into
www.rholding.ae

cheers

Salaam friends,

I agree with Admin...This is our investment and the money we have paid which is stuck there in the middle of desert. We should actively negotiate with developers and master developers to secure our investment. We should take part and propose some solutions actively. We should be united to get the result.

Dear friends,
I think it's better to change the poll.
Could you suggest your ideas for new poll and its options?

Regards

I received this picture from R-Holding today.
Other friends can contact their developers and ask them about progress of their towers/buildings.
I think the reason of slow progress of some towers is stopping payments by buyers. Honestly i don't think this solution can help us. The developers can offer buyers a new solution for payments too, Because the buyers can't accept the current situation and so don't pay the installments.
We should find a solution for satisfying both sides, sellers and buyers.

Regards

So friends , August end is approaching . We were committed by our kind hearted developer that escrow account would be created by august end and construction will start by september . But nothing has happened so far as expected. I visted GCD site 2 weeks back and NO SIGN OF HUMAN on the site .There were only few camels sitting and enjoying the sun.