Quote:
Originally Posted by Roshan
Most of the projects in JVS are delayed. A fantastic location as I said earlier on but lacks good developers. Al Faraa is one of the good developers out there.
The only thing you can do is to stop payments ( I wonder if they will do it, as these companies would be strapped for cash ).
I invested in Omniyat in BB and when they had problems with handing over of the plot from Dubai properties, they had the decency to stop all payments. until further notice.
RERA will not be able to help you. I have had the experience.
RERA delaying the process is an open statement which does not make sense. Visit their office and try to get some inside info.
Log onto RERA site Land Department and you will get to know if they are registered. You do not have to visit RERA to know this.
Will try to gather info for you. Don't panic at this stage. Stay cool as there is nothing you can do about it.
Regards
Roshan |
Hi Roshan,
I was wondering if you could help wit some advise.
I have brought a hotel appartment from the first group in July/08
I will not be able to make future payments due to the current financial situation in the UK. Do you know where I would stand regarding Law 13?
i.e, would it be possible to reclaim70%?
Thanks