Quote:
Originally Posted by daflanger
If the project gets cancelled.... Schon Properties is up for a collective Law Suit!!!
We have already approached RERA and they said they are no longer accepting complaints on developers and that we have to take it up with Dubai Court!!!!! This is crazy!!!
We are being forced to pay!!! What the hell????
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How do you mean, forced to pay? if you don't pay the next installment, what?
I assume you already have 30-40% invested? but is it worth putting more into a dead project?
I'm not advising, just genuinely intereted in this plight and what are the possible 'out' stratergies?
The more i hear about RERA the more I think they have absolutely no actual powers, just an advisory body or something, which is a real blow to investors.
Anyone , anything positive to say? please?