Dear fellow Investors
With reference to my telephonic conversation with Mr. Shakeel of StarGiga the escrow account is ready for GCD 1 as of March 22nd 2010 14:15pm and official notification is coming in couple of days, construction to resume a month later.
Till then Keep dreaming ZZZzzz!!!!!!!!!!!!!!!!!!!
Waheed
Here you go with
Account Name:
Tower A: Escrow Goldcrest Dreams A Star Giga Establishment Limited Account Number:01 1008403 017
Tower B: Escrow Goldcrest Dreams B Star Giga Establishment Limited Account Number:01 1008405 012
Tower C: Escrow Goldcrest Dreams C Star Giga Establishment Limited Account Number:01 1008407 016
Tower D: Escrow Goldcrest Dreams D Star Giga Establishment Limited Account Number:01 1008408 018
Bank Name: Ajman Bank
Bank Address: Ajman Bank PJSC
Khalifa Branch
PO Box No.: 7770
Ajman, United Arab Emirates
Telephone: +971-6-7479999
GOLD CREST DREAMS TOWERS--EMIRATES CITY,AJMAN
Dear investors of Emirates City, specially Gold crest Dreams Towers(Developer Star Giga).
No more Payments till handover the possession with 50% deduction in total value of apartment as per market value in Dubai main projects.
At present ,Developer advise to stop payments till ESCROW a/c to be esteblished which is absulately to cover their cheating & fraud that money which invester paid. Who will be responsible where is Government Department to look after the intrest of country rules abinding innocient residence whose hardening earning looted by real estate mafia with the help of resourceful culprits.
I may request from the Rulers of emirates ,specially H.H the Ruler of Ajman to interfare and arrange to get refund of paid money immediately and ensure the islamic values of the muslim head to make a justice which is on their shoulders as they punish the people who makes crimes.
May Allah reward you and bless you with health and happiness. 00447919997167
This message contradicts
This message contradicts another message just posted on the Emirates City forum regarding GCD which indicates that the Escrow Account IS STILL A FEW WEEKS AWAY!!!
This is just so weird. Obviously different investors are being given different answers by the Star Giga Authorities......
Muslims or Businessmen?
These guys are businessmen first and Muslims (maybe) later!!@
And they know the style of Business through CHEAT!!!
They are Businessmen
A true businessmen built loyalty and retain customers. They honest and protect their integrity. They know they can profit through cheating one day, but can profit through honesty thousand days. And this also what Islam preaches. These guys are neither true business people nor true Muslims. They simply ignorant crooks and swindlers. But to put abuse to injury, I am shocked like other investors the passive position of the Ajman government.
MESSAGES NOT CONTRDICTING
THANKS EVERYONE, YOUR MESSAGES AND UPDATES ARE VERY IMPORTANT TO ALL OF US WHO ARE WORRIED ABOUT THEIR INVESTMENT. I HOPE THE LAST TWO MESSAGES ABOUT GCD1 ARE SHOWING HOPE AND GOOD NEWS WHICH WILL DO GOOD TO ALL OF US, AND LET'S BE OPTIMISTIC. AT THE END OF THE DAY WE ALL WANT THE PROJECT BE COMPLETED AS PER THE LAST COMPLETION DATE GIVEN BY STAR GIGA AND IS ON JULY 2011.
KEEP SHARING THE INFO EVEN IF YOU THINK IT IS NOT IMPORTANT....
TAKE CARE EVERYONE AND ALL THE BEST.
With all due respect Mr
With all due respect Mr Abdul, it is more important to ascertain what information is being fed to investors at the moment. It helps fellow investors who are are due to meet with Star Giga in the coming weeks.
There is a contradiction of info and you need to recognise that fact........
The info, that escrow will
The info, that escrow will be established " within a few weeks and construction will resume in spring" was given to me in early december 2009 at the Star Giga office in Dubai ( next to Oasis Center). I just can't believe anything they are saying anymore.
Escrow Accounts
I have received the same from Star Giga and it reads
Dear valued customer:
We are pleased to announce that we’ve opened an escrow account with Ajman Bank for our project Goldcrest Dreams. Please be advised that all future payments for units in this project must be made in favor of this account.
We give here the details of the account:
Note that there is a separate account number for each tower in the project that is, ‘A’, ‘B’, ‘C’, or ‘D’ and therefore you must take specific care when specifying account name and number – it should be according to the tower in which your unit is located.
Account Name:
Tower A:
Escrow Goldcrest Dreams A Star Giga Establishment Limited
Tower B:
Escrow Goldcrest Dreams B Star Giga Establishment Limited
Tower C:
Escrow Goldcrest Dreams C Star Giga Establishment Limited
Tower D:
Escrow Goldcrest Dreams D Star Giga Establishment Limited
Account Number:
Tower A
Tower B
Tower C
Tower D
01 1008403 017
01 1008405 012
01 1008407 016
01 1008408 018
Bank Name:
Ajman Bank
Bank Address:
Ajman Bank PJSC
Khalifa Branch
PO Box No.: 7770
Ajman, United Arab Emirates
Telephone: +971-6-7479999
Swift Code:
AJMNAEAJ
It’s important that all payments must be traceable to their respective owners and units so as to avoid any confusion and therefore based on the mode-of-payment you must follow specific instructions whilst making payments.
A) If you’re making payments through a telegraphic transfer then you must specify ‘the Customer Name’ and ‘the Unit Number’ in remarks or details section.
B) If you’re making payments through cheque then you must specify ‘the Customer Name’ and ‘the Unit Number’ at the reverse of the cheque.
® Additionally, you must also specify the escrow account name and number at the reverse of the cheque.
C) If you’re making cash payments then you must specify ‘the Customer Name’ and ‘the Unit Number’ on the deposit slip.
If there are any queries that still need our notice; you may contact us at the details given above.
Thanking you
Sincerely – the customer support team.
Hi All, As you may be aware
Hi All,
As you may be aware I am part of a group of around 20 investors who formed at the start of the year in order to look at ways in which we could safeguard our investments in Goldcrest Dreams.
We are looking at numerous ways and if you recall this also included potential legal action. Our concern is that the developer is doing very little to allay our fears. They rarely respond to our correspondence (I probably speak for all investors on this point). Furthermore, we feel that the setting up of the escrow account is scant consolation when no construction has taken place. We need answers from the developer now. They do not listen to us individually. Maybe they will listen to us collectively. Lets bear in mind that potentially we have a thousand intelligent minds at work. I am sure that if we all work together we can all get ourselves out of this mess.
Our relationship with Star Giga has been soured. Communication is lacking. Respect is fast disappearing.
Contact me at gcdgroup@fsmail.net if you are interested in joining the group. We need you to succeed as 100 or more people taking action together can reap dividends. Contact me with your details including investment info as we only want legit investors and lets take things a huge step forward.
Best Regards
Ossy
GCD Payments
Hello, would any still make any further payments even if project was completed!!!!!!!!!!!!
Is anyone thinking like me. JUST GET REFUND
Thanks
GCD Refund
Most of us are either looking to get want was promised on time as per contract else 100% refund of the amount paid.
Refund
What was promised is past due or should be almost due...It has taken master developer two years to do piling on a tower that maybe built or may not....I am all for refund.
GCD Refund
I agree, I would also like to go for refund. It is very confusing, even is the developer is not keeping his part of the contract, the investors is still helpless (without his fault)
what is arra going to do
what is arra going to do with projects & developers which are not register yet? what will happen to such projects investors payments?will the government suport them?
GCD
Govt. of Ajman is the owner of Rholding (RRR) and also Ajman Boulevard, I would say they are the biggest cheaters of this centrury, having taken away poor investors live savings & their dreams of having their own home where they can live.
Don't trust them, they are part of the scam...
GOLDCREST DREAMS
Can we use this thread for talk that is relevant to investors. Slagging the developer is not going to do much for anyone. This thread is supposed to be INFORMATIVE!!!!!
Enough of that.
I have heard from a few investors that a rescheduled payment plan is being devised. Can anyone verify this?