Emirates City Forum

http://www.dailymotion.com/video/xclpm4_emirates-city-ajman_travel

good !!!!!!!!!!!!!!!! emirates city

Hello together,

i bought two flats in rose tower, but i am not living in uae.
Can anybody give me an update about the progress of rose tower.
Are they still working on the constructions?? Is there any new hand over time known?

Does anybody have recent photos of the progress?

Thanks in advance for your help!!!

Kind regards,
Mohamed

http://www.thenational.ae/apps/pbcs.dll/article?AID=/20100315/BUSINESS/7...

please read the linked POST especially the LAST paragraph it clearly indicates how the ESCROW account is being used.

"Beachfront Living was never officially launched for sales, but the company sold more than 200 apartments in a “pre-sale” and collected Dh314.7 million, according to an official review of the project’s escrow account by Caliber Middle East, an accounting firm that works with the property regulators.

How long this shame will go on? How long will you ignore us? How long developers will cheat us?We have trusted your country and invested here why do not you regulate all this mess and help us save our hardly earned money? Are not you afraid of Allah?

no ads allowed !

No will listen to anyone .

The developers have all the support. I think someone of them have reinvested the money someone where else to get profit to start their work.

The only solution. Get together be it any property in Ajman . Raise a case through your consulate.

If it one person the consulate will say no. If it is 50 the consulate will never say no.

Enough is Enough.

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I received this from my saleman in UK.Please advise after reading.Is it worth going for another property in Dubai.It sound like Swapping.From frying pan to FIRE!!!!!!

Dear Customer
Please see the following from our Sales Department re Alhambra 2 and also possible upgrade to Dubai property. They are just asking for your feedback at this stage (and are NOT recommending anything at present).

Please reply back to me so that I can collate the customer feedback.

Rafia

Admin Department

Hi,

If there are any investors out there who have invested in this project by Giga, please join our group as we try to save our investment. We are currently more than 60 in number.

Please email me at saima_saqlain@hotmail.com with your contact details as well as the property details and the amount invested with the developer.

Regards,

Saim

I am an investor in GCD, ajman. I have sent so may reminders to Star Giga, but they do not reply back.
Question: According to Force Majeure clause, if a delay of over 2 years is forseen in the the handover of the apartment from the completion date given in the contract (which is 31.07.2009), which is true for GCD (New handover date 31.07.2011), the seller has to refund 100% of the amount paid if the buyer, if the buyer decides to cancell the contract on account of forseen delay of over 2 years.
Can any representative of Star Giga clarify this on this forum?