Quote:
Originally Posted by Roshan
Ajman will have to invest as much in infra structure as in property. Attached pls find the latest on Ajman. Freehold will be classified on a project to project basis. Now does that mean that currently selling projects might not be freehold ???. Watch out developers are selling as freehold, the attached link has a different story to tell.
Regards
Roshan
http://www.business24-7.ae/Articles/...a365c0fc1.aspx
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Roshan, Thanks for the valueble info, i've red it and my jaws almost hit the ground !!!! freehold low yet to be formed?!! then how the hell are they selling more than 400 billion dhs worht of project on free hold status?!!
the positive side is that they will do like dubai in introducing the low and the escrew condition next month, if this will happen it will furnishe the road for great investment appreciation in ajman.
Freehold low+ Escrew account = bank finance = great investment appreciation, this is my owen speculation.
every one is welocme to discuss the same.