Buy Back offers

[Aryan Khan]

Originally Posted by ajamil

Can the asset be legally transferred to the investor and then tranferred back to the developer at the time of maturity of the contract deal? This is probably the best way to keep yourself safe and have something tangible and with proper/legal documentation on the asset in case anything wrong happens.

Yes, you are absolutely right. Having a tengibale asset in your name gives confidence to the investor. And as per your question, either you buy an appartment as a regular buy or you take buyback offer, a 'reservation form' is being issued to you. This reservation form and payment receipt make you the owner of the property.

So in buyback case, after the 'fixed' period, you return the original documents to the developer and he pays your investment and returns.

If anything happens, developer still pays you and the worst case scenerio, the property will be transfered to your name.

Regards

[Manj]

please could you send me details of buyback offers info at kotchka dot codotuk

[rizwan]

hi Aryan,

I heard the Al baraka group has run away with the money of all the investor.
i even communicated with one investors who invested in their project, just to reconfirm.
what happen to the money of All the buy back that your company has done.

[Aryan Khan]

Well, Al barakah hasn't run away. They are just having problems with funds which ofcourse is delaying the payments even employees' commissions. Buybacks investors are safe as they have a legal document and have claims over the property they did buyback for.

Communication gap is making the situation bad. So I, myself cant say anything about it.

Originally Posted by rizwan

hi Aryan,

I heard the Al baraka group has run away with the money of all the investor.
i even communicated with one investors who invested in their project, just to reconfirm.
what happen to the money of All the buy back that your company has done.

[Kipriot]

Originally Posted by Seventomake

Very interested send full details

Very interested send full details

[Kipriot]

Originally Posted by Kipriot

Very interested send full details

Very interested send full details

[Kipriot]

Originally Posted by Kipriot

Very interested send full details

Very interested send full details.

[Sally1980]

Originally Posted by rizwan

hi Aryan,

I heard the Al baraka group has run away with the money of all the investor.
i even communicated with one investors who invested in their project, just to reconfirm.
what happen to the money of All the buy back that your company has done.

Please see the following article:

CEO sought in $3.8mn bounced cheques probe - Real Estate - ArabianBusiness.com

Watch out for any buy back or other property investment from this group and if you have invested with them you can join the investors group against Al Barakah by emailing to Mr. Rajesh at varindani@gmail.com.

All the best,

Sally
+971 50 7595 971
s.khabireh@gmail.com

[vivekkaul]

kindly google News Al Barakah & read the article in The National about police looking out for Al Barakah CEO Imran Khan. Also super efficient Aryan Khan is also not replying to emails.

[vivekkaul]

Originally Posted by vivekkaul

kindly google News Al Barakah & read the article in The National about police looking out for Al Barakah CEO Imran Khan. Also super efficient Aryan Khan is also not replying to emails.

Dear Aryan, why are you not replying to your personal
Emails. It is very unlike you. You used to go great lenghts in describing the 'Buy Back' deals from Al -Barakah. I hope you have not done a runner like Imran Khan the CEO.
I hope you did not know from the very beginning that the whole deal was bogus.
UAE govt. May not look kindly to your affairs .Gather courage and write about the whole saga.
Good Luck

Your 'Buy -Back' Victim