Emirates City Forum

looks like a pretty bad construction based payment plan

they appear to expect you to pay 90% by only the shell of of structure is upto 23rd floor, yet structure would be 4 floors + 25

then there is the considerable internal work for lifts/lighting/gas/windows, plastering. decorating, not to mention kitchens/bathrooms, doors etc and everything else (does sweethome projects have swimming pools and gyms too ?)

iyou might consider appropriate to maybe sending them a robust email of complaint.,suggesting perhaps refusal to pay anymore, and demand return of your post dated cheques, for which you will make payments when a true construction based plan is sent, reflective of level of construction. informing them if you do not hear from them in 7 days you shall be lodging complaint with ARRA.

also query them on will they be completing on time. if not what compensation are they going to give you, for their failure to complete at time !

Musafir Moderator

i stopped payments 3 months back , i closed the current account , went to arra and submitted complain against sweethomes , they couldnot take any action against me for the postdated cheques although they refused to return them back , now they are offering payments linked construction but ur plan is frank cheeting if u pay 90% from remaing 40% mean u are paying 36% from the remaing 40% in addition to ur 61% = 97% for 23 floor skeleton !! how they think they can fool people in this way , i will visit thier office next week , please all stop paying those crooks they are fooling every one

i stopped payments since last month also. its funny how they call it construction linked. im not paying anymore...

Hello callan,

I have watched this forum for long time now but did not make any post. This is very helpful for us investors I am investor with tameerat - al hambra 2

I have also think now about making a deal with Kings group but am worry about if my money will be any more safe in Marmooka. What do we think there will be in Marmooka. Maybe only one building in the desert. how many building approved in marmooka?

Can some people give me advice on swapping.

Ahmad

There is no advertising here only asking advice on solution to my and all problem.

dear musafir - moderator
what is your openion about the condition of sweethomes who stopped work since 4 months ,many people was regularly paying stopped to pay and the company offering payment linked to construction --- 90% till 23 floor skeleton ? frank cheeting and when u ask them about infrastructure say they will rise legal case with r- holding and ajman gov to complete ! is this logic

i cant comment much on any individual project, however in my personal view, i would assume those which are registered with arra/ecrow accounts, will only be able to use the money in escrow accounts for that specific building (not even others in towers the developer owns). so gives some security (although some say ways around it, by withdrawing money to pay salaries etc for people dealing with building). so not likely money that now goes into escrow used for other projects.

as for construction linked payments, i remember hearing somewhere (but cant confirm) that arra may have said to some people who had already paid alot (almost 50%) not to pay more to developer until he gives ARRA approved construction linked payment plan.

so it maybe sweethomes trying to get some extra money, by trying to get people to sign up to a new construction plan, get money now, then try to say to ARRA we sorted construction based plan, and our investors paying. or even if ARRA says no to them, and that people complaining about sweethomes construction plan (not being linked reasonably proportionately with construction), sweethomes will still get money coming in, until ARRA gives directions on the framework of the construction linked payment plans.

i would first complain to sweethomes, and say your construction linked pay plan is unfair and not proportionately linked to construction. ie qhy 90% when at 23rd floor when still soooooo much work still to do.

then complain to ARRA, about sweethomes unreasonable construction linked plan instalments, and ask them advice shoulod you continue paying or wait for ARRA construction linked payment plan etc.

as for infastructure, i have some sympathy for developers, if delays fault of master developer (R HOLDINGS) and ajman/uae govts.

but depends also if developer promised infastructure too.

it could also be argued properties not ready for handover until infastrure there (so no completion till then) basic infastructure like gas/electric/ac etc, people cant survive without (and me without sherwamas, sheesha and mineral water, with arabic coffee - so i want mall too }:) )

Musafir Moderator