Quote:
Originally Posted by kelly white
I heard it has been delayed, and the completion is not due till next year, is this right?, have you sold your apt yet?.
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Kelly,
This project and all others in JVS have been delayed due to the fact that JVS infrastructure works are delayed, but more importantly, lateness in handover of plots to developers by Limitless, so it is not just this project.
Having spoken to the developers directly, realistic completion date is currently 1st quarter of 2009. On a positive note, I can confirm that construction of the project has started and excavation works are currently going on. Desert Rose is one of the first developments in JVS to have started, so I'm hoping that they'll be one of the first to finish.
I've also been told by the developer, Desert Homes that they have only studio apartment left (which I believe is true as it's very difficult to find Desert Rose apartments for sale on other websites). I also know that prices have recently gone up, partly due to construction having started, capital appreciation, but also because they've nearly sold out of studios and Desert Homes are also Escrow compliant.
As for my studio, I still have my studio. Are you looking into buying into this development ?
Hope this helps.