Quote:
Originally Posted by panchal
Hello Bud,
I read some time ago that "Nikheel" if they fail to deliver completed building by Dec2007, then they have to pay compensation for the delay.
Have you heard/read anywhere its fact or just hear say???
Thanks
Panchal
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hey dude,
nakheels owned by the government. they can do nearly anything they want and get away with it! The contract "mentions" that the "develepor can choose to extend the delivery date by december 2007" but therez no clause that sez they're liable for expenses incurred by the owner after december or compensation that you're entitled too...