Lake View concerns
Have a look at the Damac website it has images of a fairly hideous bathroom. The blue water splash tiles look disgusting, cheap and nasty.
The compensation (is in my opinion) deliberately difficult to work out and trying to get a straight answer from "customer service" is impossible. Anyone with a degree in advanced mathematics would struggle but suffice to say the "compensation" will be a token and nothing more. The last payment on handover should be waved - the project is over 18 months late and the lost revenue in rental income is way more than the last payment anyway.
So therefore by my reckoning Damac will be ringing up any day now to find out how to pay me my extra compensation but as Lake Terrace which is supposedly 6 months ahead of lake view looks miles away from handover I won't hold my breath.
It is a disgrace that they are allowed to continue advertising and doing business when they cant complete what they have on the go already.
|