NEW Completion Date

Nads's picture

"Dear Investor,

This is to inform you that, due to the unforeseen technical and other circumstances, which is beyond our control, the project is getting delayed. Therefore the anticipated completion date for PARADISE LAKE TOWER B2-B9 would be 31-12-2010."

No mention of rescheduled payment plan though!

thoughts - apart from the obvious about not paying

PS - belated Eid Mubarak to all

please mention the source of this information

please mention the source of this information. So far R holding did not declare the new completion date, so i heared they are trying to propose a construction based payment plan with help of ARRA. Details are not available.

may be

sweet homes emplyee
i see many people try to put strange things in this forum
at this time dubai has big problem what about ajman ?
devolpers in ajman try to put news to keep some confidence

Nads's picture

come on guys...

do me a favour!!
If you have read any posts I have made on here over the last two years you will know I am an investor (good and true) in what was the dream in Ajman.
Have lost the faith....well almost since beginning of this year.
Doesn't the image I carry (great win in the Merseyside derby on Sunday lads by the way- eh fellow res? ) show you I am UK based?
Invested in B3, fool that I am.
I received the email from the info@sweethomes.uae email mesaging service. Am logged on at home (its late) so will post it tomorrow from the office. Not sure if it will post the sweethomes logo (if you need that for verification!) but will do my best to copy the whole email, and not just the text like I did today.
Will post my reply to them too - like I always do - I am becoming quite sarcastic. Not too sure if that will benefit me in the long run, but hey it helps with the frustration of it all.

At the end of the day, we all invested in what we thought would be a dream/second home/second income, and we have been shafted (up to now anyway) by Sweethomes, R Holding, ARRA and the Ajman government. Thank God for this website. Without it we could not share info that keeps everything transparent.
I know there are some people who post to wind up the others,I can assure you I am not one of those.
Anyway, not needing to expain myself further its 11pm - tired and going to bed. C U all tomorrow Inshallah.

Wa'salaam

The anticipated completion date for PARADISE LAKE TOWER B2-B9

I also received the same email from sweethomes, heres the full email....

Sweet Homes Group Of Companies
******************************
Date : 30/11/2009 23:17:57
*****************************

Dear,
This is to inform you that, due to the unforeseen technical and other circumstances, which is beyond our control, the project is getting delayed. Therefore the anticipated completion date for PARADISE LAKE TOWER B2-B9 would be 31-12-2010.

The inconvenience in this regards is regretted.
To know the construction update from time to time,dovisit this website http://www.paradiselakesajman.com/construction.asp; http://www.sweethomesuae.com and you would find a column on (Paradise Construction update and Rainbow Construction update )double click on this column as per your requirement .

------------------------------
Sweet Homes Group Of Companies

Dubai, United Arab of Emirates
Fax : +971 4 295 5641
Toll free No. 800-7946637
response@sweethomesuae.com

reply to sweethomes

Dear Sweethomes
due to the unforeseen technical and other circumstances, which is beyond our control, we are unable to PAY ANYMORE till we got the keys, even if you pull your hair or strike your head in the nearest wall

Nads's picture

cheers Paul66....

saves me a cut & paste job...

Though I did say I would post my reply so here goes...

Dear Sweethomes,

I think you forgot to add that you will not be taking any further payments until completion, especially as this is the third (or fourth) completion date I have received. Payments thereafter are to be staggered and not doubled to ridiculous amounts AED per payment just to get money off us quickly. Given the mess the UAE is in at the minute, you need to be VERY co-operative to us investors, VERY VERY co-operative.

In light of the email below, I expect a complete hold on payments until completion!
I would like that in writing too.

PS - EID Mubarak !

am really sorry

for saying sweethome employee
i can confirm some other peoples recieved same email
but is this will be true ????

Nads's picture

re.. sorry

don't worry about it. I have seen lots of shoddy posts on here in my time so I can understand the raised eyebrows.

My take on it is that given the UAE situation (not just Dubai), and R-Holding's track record on a/construction b/telling the truth coupled with Sweethomes ineffective way of telling us anything whatsoever, Dec 2010 will be here and we will still be asking the same questions. Infrastructure, sewage, lighting, water, power, roads oh yes and built apartments!

I wouldn't be surprised if we are looking at 2011 - 2012. Unless something amazing happens - like people actually turn up on site on a regular basis.

Lets just try to keep the faith that one day, one day we will have a built Emirates City - it will be a long while yet me thinks :(

thank u

Nads

Positive update on B7 & B8

If anyone has any further news or pictures for this please post them here or message me so we can all share on this forum. This was posted by Nikee, who saw plenty activity at the B7+B8 towers...

POSTED ON: Sun, 11/29/2009 - 12:04 — Nikee

"24-11-09 - I visited the site as usual and found that the work on both buildings are started 2,3 days back and it going on with 35 to 40 people in each buildings and i could see a lot of building materials like cement, bricks, tiles, metal frames.....etc brought in to site. Generator is at the site (all including rest of material were taken to Becon's strore last time). Seems this time its not a jok they will top up these two buildings by completing another 6 floors in b7 and 4 floors in b8 hopefully. Still it will take time to finish internal works and electricity & Water ...etc...minimum 1 year or 2.

Besides these two building B3, B4,B6 shows some progress and B5 very good progress. C1 to C5 excelent in terms of structure (i did not look at the internal work)
All others including GoldCrust Dreams no progres at all."

just check the web site and

just check the web site and they have todays pictures for all towers - many towers have actually risen. Good news, but will they stop again soon??
http://www.paradiselakesajman.com

No doubt abut it, it will stop again and may start again

No doubt abut it, it will stop again and may start again all depending on the money BECON construction get from Rholding/Sweethomes. As i know from a person who knows the whereabouts (Financial dealings ) Becon has received only a very small amount when considering the total due amount. But still the construction still continue for 3 weeks now.

Nads's picture

No rising

Dear Paul66 & Nickee

from a personal point of view - B3 has risen 1 floor since Aug 31st. It's been 3 months. Hardly what I would call progress.
Still I guess I should be grateful it has grown at all!

Paradise Lake towers

Can any owners of Paradise Lake towers vouch for construction progress in the October-November 2009 period? Since my tower, B3, has shown no rise at all since August, I am in no position to judge. On a visit to the site a few days ago, I couldn't make it to the Paradise Lake towers side as it was already too dark. However, the towers on the side adjoining Emirates Road seemed to be all at least structurally complete. Has there been any work on the lake or other infrastructure? What do you guys think the game plan of R Holding is vis-a-vis Paradise Lakes - deliver all the towers together by end of 2010 as promised, or keep pushing the deadline further and further behind?

I dont think there was any

I dont think there was any work going on here for the past 6 months, and from what we here, there seems to be building materials and labourers back on site again. Lets hope they stay to complete the buildings this time.

PROGRESS OF RAINBOW TOWERS B-14

What is the progress of Rainbow Towers B-14 , did any one visit is there any construction activity???

NEW Completion Date

Dear Tuma,
Please allow me to edit your reply as follows:
Dearest Sweethomes,
Due to the unforeseen technical and other circumstances, which is beyond our control (force majure) we are unable to PAY ANYMORE till we got the keys, even if you pull your hair or strike your head in the nearest wall. We do deeply regret the inconvenience caused to us.