The Dubai Land Department has reiterated that registration under the Tanmia initiative is not limited to developers of stalled projects only, but investors can request inclusion under the scheme as well.
In a statement sent to Emirates 24|7, the department said that investors or groups of investors can approach them for inclusion of their project under Tanmia.
No details were, however, given on how the process can be initiated.
The Tanmia scheme, launched in September 2011, aims at revitalising the real estate market by focusing on the incomplete projects.
From emirates247.com July 22 2012
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IF YOU SUCCEED IN CHEATING SOMEONE,
DON'T THINK THAT THE PERSON IS A FOOL...
REALIZE THAT THE PERSON TRUSTED YOU MUCH MORE THAN YOU DESERVED...!
A strong growth in population, realistic targets for job creation and excellent existing infrastructure make Dubai real estate a worthwhile investment, according to bullish research from one of America’s biggest investment banks, Bank of America (BofA) Merrill Lynch.
The report, released on Wednesday, cited plans to create 950,000 new jobs in the emirate by 2020 as “ambitious and realistic” and said that it was “feasible that Dubai’s population could more than double over the next ten years”, creating demand for local property.
From arabian business news....
They are like bandits in western films.No law.Do anything to rob people money.If there were decent people esp.muslims they would have stop this unlawful dealings in real estates projects and return the investors money back.
The rulers in UAE should not ask RAMADAN INITIATIVES.If you own people money you should return their money .That is the ramadan initiative of a true and sincere muslim.Shame on them .They will not do this.Ramadan initiative my foot!!!!!!!!!!!
Dear all investors
I recd a mail from SH which i have attached herewith for the members info and any feedback or any one has received such a mail, what kind of actions have been taken from your end.
Will this (SH) can make a file since they have failed to delivery the project by DEC 2008, which was mentioned in my contract singed by R holding and Sweethoems and the payment plan (in the local news paper) they have advertise 50% during construction and 50% after possession(the news paper still I have),please let me have your feedback for further take up.
DLD’s off-plan sales advisory as property flipping returns to Dubai
Land Department urges developers to “discourage” investors from re-selling “off plan”
By Parag Deulgaonkar
Published Sunday, July 08, 2012
Lately, a number of investors have already put their apartments in Emaar’s Panorama project on sale for a premium that ranges between seven and 10 per cent.
Investors, however, have only paid a 10 per cent down payment at the time of booking.
The remaining payment on the project is linked to a construction plan.
Useless Arra website has been hacked by someone!!!!!
Dear Investors please sign this very important petition
i have copy and pasted the letter i recieved from star giga. Has anyone else got this letter? What do you make of it?
Dear Sir or Madam:
IMPORTANT! Office relocated to construction site
We wish to advice you that since we’re in the course of resuming construction works for our projects in Emirates City, Ajman – we’ve moved our office to the construction site there; this is also in compliance to the ARRA guidelines (attached here for your reference).
This office is now fully functional and operational.
Further note that our new phone numbers are: