BSEL Pearl Tower

To form a forum/group for purchasers in BSEL Pearl Tower to discuss the progress, issues and have a joint representation to the builder.

BSEL Pearl

Anyone has any updates ? Pictures ?

pearl tower

Work stopped 4 months ago all they are doing is collecting money at the moment

Hi SID 244 , Are you still

Hi SID 244 , Are you still paying regularly , I am surprised !!! I have stopped payment for the last 2 months.

Don't Pay BSEL anymore

Guys, I went to their site last week was shocked to see nothing has happened even for the last six months. BSEL site loolks like A GHOST CITY. they are threating me to take legal action if i stop payment, but i will not pay anymore.

Could we all form a group and kindly write to me sharowana@yahoo.com and bselinvestor@gmail.com.

I and one brother from Saudi Arabia in touch. Could we get in touch and do something about it?

PLEASE NOTE, NOT ONLY BSEL, NO BODY IS GOING TO BUILD IN AJMAN ANYMORE. ITS ALL OVER. VISIT THE PLACE AND YOU WILL KNOW WHAT IT LOOKS LIKE. NOT ONLY BSEL ALL OTHER DEVELOPERS, GIANTS LIKE CHAPPLE S ARE NOT DOING ANYTHING.

PLEASE CAN WE GET TOGHETHER?

Bsel

I havent paid for the last 3 months they have said they are in process of oppening a escrow account for all there projects so they havent asked me for payment.THey say they will start the work in next six weeks see wot happens. meanwhile i aint paying them.Ive looked at the recent pictures posted by imre and the contractors name(Dubai Towers) dosent appear on the board it might be that they are looking to change the contractor wait and see

bsel

plz advise me which one is better bsel farooz tower or bsel pearl tower tnx.

BSEL - Escrow a/c

BSEL has registered with ARRA and started the escrow a/c. Informed that the work will resume soon !!
Any comments ?

Hi every one . Any news of

Hi every one . Any news of restart of construction , now that Ramadan is over ?

Completion date

Hi All,

Can anyone tell me what is the new completion date for BSEL Pearl Tower and BSEL Fayrooz tower which developers are tellling? what is the status of booking for BSEL Pearl Tower and BSEL Fayroo? It means how much percentage of appartments has been sold?

Regards,
Kaivan Shah

completion date

Hi,
The completion date for Fayrooz as per thier website is december of 2011 pearl tower is suppose to finish 6 months before fayrooz.As for amuont of units sold i read a article in emirates news in may 2009 in which Bsel claimed that they have sold 70% in both towers .As far as restart of construction goes has any one heard anything???

completion date

Thanks for your information. Can you tell me the saleable cost of BSEL Pearl Tower and BSEL Fayrooz tower as If they claimed that they have sold 70% of appartments then it should be reflected in their balance sheet as it is list in BSE(Bombay Stock Exchange) and NSE(National Stock Exchange) India.

Regards,
Kaivan Shah

Work Resumed ?

Did anyone talk to the builder ? Has the work started ? I tried to contact
one Mr. Kushal, but couldnt.

BSEL Pearl Tower

Hi,
Anyone has any updates from BSEL !! ??

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Where is BSEL ?

Any news about this builder ?

BSEL

I send several E-mails and tried to contact them by phone...no answer at all. I visit ARRA and they gave me a paper to swap my apartment - but nothing happend with REIE...the y receive all Mails but no answer - also from ARRA no help no answer. I will take now leagal action and go to court.

BSEL

It would be good if we can take some joint action. Any good advocates ?

Advocate

I have find someone, who want to regulate this case for me. If you are interested, please let me know and we can make it together.

Legal action against BSEL

Hi Petronius,

Please let me know about the advocate you found and their terms & conditions. If we make it together I think it will be benefitious to us. My Contact: matthewpabraham@gmail.com, Mobile:+971558762086

Legal action against BSEL

My contact details :
vjohn8@gmail.com
Mob : +971-50-6163696

D14 Pearl tower

Hi

We had been to BSEL vashi, Mumbai office. Only one office boy is there. We got the tel. No.of Mr. Kanakiya, chairman BSEL and contacted many times. I sent so many emails no reply. He is not attending the phone. Hiding. We are also ready to take legal action against BSEL. Ready to share expenses for legal action. I sent one email to vjohn8@gmail.com and matthewpabraham@gmail.com. Waiting for their reply. Pl. go ahead without any loss of time.. Since we are in Mumbai, if u want any information from Mumbai, pl. contact me sabitha57@hotmail.com. It would be better to put an advt. in all the local newspapers i.e. Khaleej times, gulf news etc. so that more and more investors will come to know the fate of the investment which will enable us to collectively take legal action against Chairman Mr. Kanakiya, who is hiding.

solly's picture

PLEASE DONT PAY PLEASEEEEEEEEEEEEEEEEEEE

HELLO MY FRIENDS

APARTMENTS IN AJMAN ARE FALLLLLLLLING DOWN
CHECK YOURS REMAINING BALANCE TO PAY IN EMIRATES CITY AND YOU WILL SEE THAT U CAN BUY A READY APARTMENT IN AJMAN WITH THAT REMAINING AMOUNT THAT U HAVE TO PAY.
FORGET ABOUT YOUR PROJECT.DON'T PAY A PENNY MORE TO THIS GUYS
I STILL HAVE TO PAY 308.000 FOR ONE BEDROOM APARTMENT AND GUYS, ONE BEDROOM APARTMENTS WE CAN FIND IN AJMAN FOR 185.000, HELLOOOOOOOOOOOOOO, I CAN BUY TWO WITH THE REMAINING AMOUNT.

WITH MARKET PRICE,I HAVE ALLREADY PAID MY APARTMENT,LOL

BSEL Pearl tower

Hi,,

what about the investor who has already paid full amount to the builder ? Very unfortunate. Helo, friends, pl. enlighten. What is to be done ? How to get back our hard earned money Pl. reply Sabitha57@hotmail.com

Emirates City

I do not see any investor paying 100%? If this is fact, that it is very surprising to me. I have also made stupid mistake of paying between 30 to 40% upto early 2009 to Star Giga for GCD1 project and AA Property for Ajman Boulevard and regret it till today. I have already received termination letter from Star GIGA (GCD1) and getting no replies from AA property.
I had approached few laywers and still in progress with them to find the best option to get my money back. Shortly I plan to file a law suit aganist Star GIGA as they have terminated the contract after I send them cancellation notice as per contract condition - based on long stop delivery date of 31.07.2011.
My lawyer told me that since the contract with the developer indicated that in case of dispute, Ajman law will apply and the law suit can only be filed in ajman, if your contract with BSEL has the same clause, I am not sure if you would be able to proceed to file a Law suit in Bombay aganist BSEL.

D 14 Peal tower

Hi

Any news of BSEL ? Can we go collectively to the court of law ? I will join with u people. Pl. inform me. My email id sabitha57@hotmail.com. Since I am in Mumbai, hence this request. Pl. help me.