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Old 06-12-2007, 03:41 PM
moghal moghal is offline
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Join Date: Aug 2007
Posts: 4
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Nakheel has confirmed to me, they are not paying any compensation to any one, since the contract allows them to extend the handover period to December 2007. They are now offering possession to all the buildings now and the question of compensation will arise if they fail to deliver beyond 31.12.2007. However some Building Owners are delaying to accept the handover being offered to them by Nakheel. This is either they are not clearing their dues or trying to extract maximum from the unit owners they have sold in turn. In the end we the small unit owners are suffering will continue to do so. As their seems to be no accountability in Dubai.
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