IC
I got a letter last week as well that T4 will be ready for June 3. Personally, I think Nakheel are delaying so they can get all their apartments rented out first. Nakheel are nothing but greedy cheats who have decieved us all. They own almost around 6500 apartments in IC which give them almost 25% control of the area. They will control how much rent we can get for our apartments and probably how much we will be able to sell for as well. They're adding on all types of charges they can think of because they know we have no choice but to pay. They made sure the contracts were not sent to the investors until the deposits were paid and that the contracts protected Nakheels interests more than the investors.
I cant believe that I paid almost 53K without even knowing what I was buying into,....if I was going to get a balcony or what size my apartment was going to be! I spend more time checking what tracks are on a cd for £5 than I did for this! I dont want to think about why I didnt ask about any expected additional costs! I was carried away with the rise of the palm prices at the time and believed what my agent said about prospects for IC. Now I realise he was just as ignorant as I was.
When I bought my apartment in Aug 2004 I was made to imagine my own holiday home in a newly built town with all the things we find in a vibrant place! Looking at the pics now, I feel like I've bought into a massive housing estate!
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