Please answer

[ITMASTER]

Dear experts and investors

I heard that JVS projects are delayed...is this right info and they will not be completed as advertised..

Is this real??

[mpat]

Not only JVS projects , but almost all projects in othe rdevelopments like DSC, COA , DIP , BB etc are delayed. Delay is like a normal thing i Dubai. Only road work and metro work is ahead of schedule ! ! !

[dpc]

You should check with the developer to get the latest anticipated completion dates - this will be a lot different to the original completion date. Then as a rule of thumb in Dubai, you add on 3 months.

[Prop Guru]

A lot of people think delay in properties is a bad thing, but you need to look at the bigger picture. I believe Dubai is regulating the # of properties being completed on a yearly basis to continue the trend of Demand being higher than supply.

As of now there is no official news on JVS being delayed, however I believe the regulations will affect some but not all buildings. Again I believe this is a silent regulation they are maintaining.

[smile99931]

Originally Posted by mpat

Not only JVS projects , but almost all projects in othe rdevelopments like DSC, COA , DIP , BB etc are delayed. Delay is like a normal thing i Dubai. Only road work and metro work is ahead of schedule ! ! !

I disagree with you in what you wrote, because each day in delay cost the constructor a huge amount of money. You have to get the right date for completion from the developer (or depended offices) directly, not from the normal properties offices.

SMILE99931

[mpat]

Originally Posted by smile99931

I disagree with you in what you wrote, because each day in delay cost the constructor a huge amount of money. You have to get the right date for completion from the developer (or depended offices) directly, not from the normal properties offices.

SMILE99931

Hi Smile

I agree with you that each day of delay will cost more for the constructor ( and to us investors also).
But its generally ( I repeat, generally ) the dates given by developers spills by atleast 3 to 6 months.There are various reasons beyond their control, I suppose.
bye

[fws]

Cement shortages are a major factor in delays at the moment.

[dyer_made]

Seriously I should be setting up a company in Dubai. What say ? around 30 of us investors should buy land and get into the construction for Ourselves !!!!! I have never ever had a delay on any of my projects.

[alexft]

Dear Dyer,

Were your projects built in Dubai?


Regards,

Alex.

[dyer_made]

Originally Posted by alexft

Dear Dyer,

Were your projects built in Dubai?


Regards,

Alex.

No Alex. All my projects have been in and aound New Delhi. I have seen the work being done in Dubai and the kind of conditions that exist on Dubai which are much easier than what you get in India. Therefoire its going to be easy managing a project in Dubai.
I am an architect by training, doing mostly turnkey pojects of building, renovation, interiors and heritage building renovations.