Totally agree with Nomadic

They can send letters to brokers if they so wish .But must also post the letter on their website and Jehaan must also appear as an existing Aspire project .

If it is not up on the site then usual games are being played.

Everything has to be out in the open .
It will take time to regain our trust .

As Aspire read all these mails on this thread there is no excuse for them not to post the letter and also update us on their website .

Well I had enough!!!

I think RAVI works for Aspire or he IS Harry.

If you read closely all his posts from day one 1 (i did) you will notice his
contradictions. Nice try, and quite clever.. proclaiming to be an investor...

PEOPLE I THINK WE MUST TAKE LEGAL ACTION.

Here is a letter I have just sent to my Real estate agent in Dubai
and CC to the people below.




Info@CasaDubai.com, pramila@aspiredubai.com, hamed@galaxycitydubai.com, Sherwina@CasaDubai.com, hamed_masa@yahoo.com, rajaa@aspiredubai.com, reena@aspiredubai.com, asita@aspiredubai.com



I would like an update in the Jehaan 11 project.

You told me to wait until the end of the month.
I would like to know my refund options right now.

I want OUT.

I know about the new law concerning refunds in Dubai.

I do NOT think the law is applicable for my case since:
Jehaan 11 is not under RERA yet.
Aspire does not have an escrow account at yet and is NOT legally registered as a developer.
I have purchased the studio last *August*2007 long before this law.
I paid 25% and I did not get a contract yet although I was told I was going to get one as soon as I paid 25%.


Therefore I believe the new law is not applicable.

I think the delay is unacceptable.

I would like you to advise me to get a layer, file a claim at RERA and sue Aspire unless I get full REFUND.


I *just my money BACK + 8% interest!!

I am ready to fly to DUBAI TOMORROW IF NEEDED.

I think this is a very serious matter.
I DO NOT like it when people try to cheat me.

End of the email.

By the way.
If anyone wonders who I am just because I recently joined???
I am ready to give out my email and my website with my foto to anyone interested.

I know I am the one who said to wait a month....
But "RAVI" is now talking about Jan and Feb!!!!!!
WE MUST ACT.

Hi kyriakch

I feel your frustration and we have all been there and will no doubt go through it all again and again with this project.

I can however state as fact that Ravi is not Harry.
There are a few of us, that communicate outside of this forum and that is also why Ravi stated that there are very few real investors here.

I know we are all working off each other's trust, but one thing we should be clear on, is that the problem is not the making of us (your nieghours), but the poor problem management of aspire.

Hi *,
I try to arrange a kind of "handover" from RAVY.
I posted him a pm and I gave him all my details.
I'll be in Dubai mid of Jan 2009 and will continue with RAVY's efforts.
This is the option I can suggest currently.

@RAVY: Any agreement, when ASPIRE wants to send an official statement?
It might happen as soon as possible (bestcase yesterday!)

I can guarantee you that Ravy is not Harry . However I have not met him but have had emails outside of this thread from him .


Unlike Ravy I do not trust Aspire or Kantaria at all and disagree about our approach to them .But will go with the majority opinion.

Recently I was told by Kantaria - twice -that the refund option would be offered .In the last month . Now it has all changed

On the basis of what has happened in the past with Aspire, are we really going to continue paying them installements of 10% every three months - only to be disappointed again and to have our money tied up in an escrow account which though safe will not be easy to be got out of .

All these excuses for the bounced cheques/ jail etc don't work for me either . I have read other threads on other boards about him - always the same story

I would have had more faith in them if I had been offered the refund option and they had kept their word

I am interested in the reply you get from Aspire to your refund mail . If you get one please can you post it or send me a pm ?
Thank you

We may just have to be patient and see what happens in the short term.

I will wait until Thursday,
If no one answers on my email... I will call Casadubai in Dubai and London... and see what they say... then I will proceed with claim at RERA, lawyer and so forth unless they refund me.
Personally I want a refund.
I do not trust them anymore.
Imagine the trouble we are going to have with Aspire in the future...
I already heard of buildings in Dubai getting built without using the right materials (but cheaper).... If you search the forums you will see....
There are buildings with cracks on the wall already....
How can I trust Aspire will built Jehaan and make it last, look and feel like the broshure they gave me???
I dont know.....
I am really pissed off today with them....
I had enough...
I want my money back and get out.

I will let you know tomorow63

Remember that everything that is posted on this thread is read by Kantaria and his "trustworthy company " - so if you don't want them to read what you are doing ,pm others here .

Join investor’s group investorslaw13@hotmail.com. They already have over 150 members.

Hi Guys

I am now back from dubai, flew back this morning and have logged on to see the latest. Kyriakch I am really not interested in who you think I am and do not need to prove myself, however i do think we should be trusting with each other and work as a whole. Also I have seen that you have included hamad at galaxy city in your email, I met hamad when I was there in aspire's office and he can assure you of my identity, although we both agreed to disagree on our approach as his investment was much more considerable then mine and had more to lose if things do not get sorted out, so I recommended for him to do what he thinks is best
If you believe that you should launch a case with Aspire then please go ahead as I am sure that by using this approach you will find out what I have but through a more long winded way and probably more expensive way.

However I have a proposal for all of you, I think it would be a good idea if we all met up and I propose that we do so at a pub local to me. In this meeting I will take you through all the evidence/documentation that I have collated from Aspire which I have promised not to publish as some are confidential (Aspire are ok with me doing this as long as I do not publish)
I know some of you are eager to go to dubai but they will present you with the same information I am going to and it would be easier for all uk based investors to come to London which would be far more cheaper than dubai.
Also it will clear any doubt as to who I am, as a collective we can achieve more going forward. I have built good relations with Aspire since I was there and as a result they were very trusting of me and forthcoming and welcoming.
I sat in many meetings with various other investors of jehaan and elements and can also provide you their stories. My hope is to give you a balanced and neutural view of what is going on and from there you can make your own conclusions.
I will also show you the draft copy of the letter soon to be dispatched as well.
I cannot possibly answer every enquiry and doubts that you have but by talking to you all as a whole you will see my view even though you might not agree with my approach, but at least we can get more done than writing various statements on this forum.
It would also allow us to distinguish who is a genuine investor and who is not, please bring at least a copy of your receipt of payments to Aspire to prove.

Linna forgive me for not replying but I am now back in the UK so cannot meet.

PVTV- its a good idea but it is best you try and attend this meeting and you will know how to proceed.
I propose either this Saturday or Sunday anytime, I am based in West London so if you agree please do so on this forum and I will PM you my contact details and address of pub of where we should meet.

Let me know what you think, invitation is open to all investors in Jehaan

Although I didn't buy in Jehaan, I bought in the Elements. If I read this thread and I'm doing this now for almost a year, the only conclusion I can make is that they want to win time, more time. I don’t believe anything anymore what this guy via Ravy is saying. If Ravy is real!

Many real-estate companies are now in deep s**t due to the financial crisis and investors are taking a hike. Moving office to another location, cutting your customers from any communication, you don’t do that, unless you have a reason. A telephone transfer from an old to a new office can be done flawless. This is not professional and no reliable company will do this! I know where their office is and I will check for myself, this weekend. (Fri-Sat)

Aspire will go down like many others as it cannot commit anymore to many of their projects. Jehaan and the Elements are probable the easiest for Aspire, they have much bigger problems.

This guy is preparing his exit, the way he came the way he will leave but with his pockets filled. You guys should try to get your hand on his Villa on the Palm, to get your paid investment secured for refunding.

Ravy’s statement "All monies paid by us so far have been used for the following purpose - Land payments, premium payments, marketing expenses (for jehaan) sales commissions, architect fees (ellisdon), consultant fees (as before), DEWA, engineers and misc expenses (which is 5%) is not a justification for them not to refund this. You paid the 5% to agree on the purchase of your apartment, not for all those above, despite these costs has to be paid. The 5% is part of the 100% of the purchase of the apartment, nothing more nothing less. Some of you have paid much more.

I would say don’t wait any longer take action and nail this guy to the ground otherwise you all will be losers.

eddy123 as an investor of elements can you confirm whether you have received a refund or not? Go to their office although as you may or may not know Friday and saturday are holidays in dubai.
I not here to convince you and have my own views which I am sharing as per purpose of this forum. My invitation is open.
If you want to take action then take it, I am not sugessting otherwise

RAVY IS HARRY.....
I can bet on it....
if you are Ravy? please send me your address in UK as well as your number on which i can speak to you.

my advice to each and every one on this group is to take legal action as well as approach media. i am writing to the propertyweekly@alnisrmedia.com. Attn Mr. Manoj Nair.
All the emails we wrote to Suzaane should now go to Manoj.

I dont trust Ravy unless I speak to him or meet him.

@Ravy: Thanks for your advise.
Just for me again: I live in Germany and can't join to your meeting in London!
Shall I send an email to "investorslaw13@hotmail.com" to join to that investorsgroup?

Any other suggestion to take part / to get your update in/from the meeting for other investors, who are not there? (i.e. writing and distributing the "minutes of meeting"?)

Thanks.

Fahima join the meeting along with who wants to go and you shall meet me, pm me your number and I will send you a txt or ring you from my mobile and we can speak if you wish, its up to you to make the first move if you want to validate your claims that I am Harry.

PVTV - Your suggestion is good, once we have met other investors can post the details of the meeting plus my alleged double identity.

Its also interesting how so many "other so called investors" are contributing since my update, another reason why its important to get the real investors to meet

it might be Harry, if not it could be one of the managers or CEO, beware!!!

their new office is at the Monarch Office Tower (attached to the hotel - opposite Trade Centre, before Fairmont) on S Z Road i think on the 17th Floor.

They were also going to move into a marina office but had to sell it something, not sure what happened, maybe forclosed e.t.c????

am sorry to post yet again but have thought over the situation and I am not at all happy with things .

It seems as if we are back to square one .

I just can't believe that we are going to go on trusting Kantaria and to continue as if nothing really happened . What has changed ? All is based as it has been from the beginning on hypothetical promises – from whom ? Mr reliable

For me he is totally untrustworthy .So please no one, defend him .
What happened to the website we were going to set up ?

What happened to defending all the different points of view – i.e both
1/ those who want to continue with the project like Ravy, and now think Kantaria is a knight in shinning armour and
2/ those who want a refund and know that he is anything but that ..

Apparently changed offices without telling customers – no telephone lines ??????????
A joke. How many days does it take to install new telephone lines ?

25% of all the money already invested used up in the project for expenses !


What about the refund option we were promised and which has already been paid to some investors ? some people on this forum have had enough. and want their full amount refunded with interest . This is what was promised by him on several occasions recently.

Here is a direct quote from the article in Gulf news last week

The manager told Gulf News the project "is definitely going ahead" and when asked if investors would get refunds if requested, he replied, "Yes, 100 per cent.

It is there in print . I am sure Gulf News will be interested to hear that he has now gone back on his word.

Are we really going to hang in there for another two years going through all of this .
I don't trust him/them . . So I will be continuing to apply pressure in my own way - just as I did with Gulf News I will do the same with the English media .

I have also made tentative contact with someone in the English media and had some limited interest . I will try to follow that up.

Just to be clear . I have nothing against Kantaria as a person but do not trust Aspire and so him at all . The time we/ you all of us have wasted on this is absurd .

This is ridiculous .

Ravy you are assuming that we are all currently in the UK .Not the case for lot of us.
Around Xmas/New year would be better;

Again I know that you are not Harry- so I am not accusing you of anything but don’t you think you need to be a little more objective and dispassionate towards Aspire .

I totally agree with tomorow63.
I live in Cyprus. I cannot come to the meeting (I know Kantaria knows who I am, I do not think too many people form Cyprus got a studio in Jehaan).
Mr Kantaria, if you are reading this, I want a refund. You said in Gulf News you will Refund 100%.
Is that true?
If NOT, I guess I have no other option than to take legal actions.
I am already looking into it by the way.
Like Tomorrow63 said, I have nothing personal with anyone. Not with even with Mr. Kantaria.
How can I? I don't even know the guy. Probably he is a good person and very clever too. Probably he is stuck in a situation like Ravy says and maybe it is NOT his fault.


However it is NOT my fault either and I want REFUND and I want OUT.
This has taken too long, I am tired, and I want my money back.
I don NOT NEED TO SPEND MY TIME IN THIS FORUM EVERYDAY FOR THE NEXT 2 to 3 years.

All I am doing as promised is reporting back what I found from Dubai, with evidence to support it, if people object to what I found then there is nothing I can do, I do not think anyone is a knight in shining armour and I have not praised anyone or this situation.

I have reported as objectively as I can and can do no more, what options or decisions individuals they they should take on this forum should go ahead as per their thinking.

I paid to go to dubai of my own and clear any issues I had with them, I can only suggest others do the same. I have made my decision to hold on just a while longer but others should follow their conscience, if people thinks this makes me impartial and less objective I cannot disagree more. If I did not see the evidence and spoke to senior people within Rera then I would have taken immediate action. What I saw and the people I spoke to convinced me that I should wait a while longer
I have presented all I have found and even offered to meet with anyone willing to show what I have found and no one has taken the offer but still want a public hanging, this does not make sense to me, why would someone not be willing to see evidence supporting what I have written but would rather do the opposite.

I am willing to set up a meeting anytime, I leave it to you all to decide yourself

My problem with Ravy is that he seems to be soft and too much on the side of Aspire. Not sure what kind of deal he made with Harry, but they almost look like brothers. For me it is all a bit fishy. If there are documents which the buyers should know about, he should make it public. What does he has to hide, we all know what kind of guy it is? If Harry was really concerned, he would have taken the loss and provided the buyers an option to fully refund when they wish so.

“Harry, go back to your IT world, you have played long enough with the big guys and you enjoyed a luxury life style for several years. Now it is time to correct your mistakes. When everything is settled I can provide you your old IT engineering job in our company. Just send me a PM"

As you all know I’ve been out of Asipre, since Dec/Jan 08 (thank god).

Just like to remind everyone that it was Aspire who told me this time last year that ~ Elements was cancelled.
Could be because, I was almost the only one posting on Element thread.
Or possibly because, I had a lawyer chasing them.


It’s very difficult to say if Aspire will or won’t build Jehaan.
I’m 75/25 now after Ravi’s Dubai visit. Before that I was 90/10 against Jehaan ever getting started.

Sure..... you could have done with my wisdom at the London meeting but as Ravi “investors only”. And I understand why he said that.
I will not be there.

Good luck all.

I have been viewing this thread for several weeks and find it incredible that investors are willing to discuss investment problems behind a cloak of an assumed name.

Has anyone entered into discussion with legal representation, or is this just kids having a wind up about there pocket money wish list?

It is obvious that Ravi is Harry and holds all his cards face down, but yet like little blind sheep ready to stumble over a big black hole into the financial pit, you will all follow his word.

Absolute amazing and entertaining

One more time folks eve though I disagree with Ravi's point of view I am sure he is not Harry.

This is based on something which Gulf news printed and which is particular to his investment case .

He just has a different approachto and opinion of Aspire .

I am willing to meet up if anyone else is around the new year .

Just odd the way Kanataria has already changed his mind in the last week or so - refunds etc. Does not inspire confidence in anythng he says .

Also why is there no fixed line -changing offices does not wash - surely the number could have been communicated .

According to you Ravy you used their internet connection when there to post on this board , so they could and should have had phone lines installed.

We are all on the same side but have different approaches . let us stick together and agree to disagree .

I agree with tomore agree to disagree, yes I used their WIRELESS internet, and their personal phones are active, don't about the other ones

Just like to remind everyone that it was Aspire who told me this time last year that ~ Elements was cancelled.

Jeetha, You might be the winner of us all but Aspire never told me the Elements was cancelled. I had several meetings and in none of them they mentioned cancellation. It is an approved project and it was explained that there were problems with the Land Department which has to be sorted out. I understood that the issue was in court. Upto last month I had hope that a decision would have been taken by the court. It seems like it just doesn’t happen or maybe there wasn’t a court case at all. However I have a letter in Arabic from a lawyer which I cannot translate and will make public for those who needed.

Now I have enough and will go after my money.

Ravy is telling me now to go to Aspire to pickup my refund? I haven't received anything from Aspire that I can pick up a refund. Why now? Why not last year? Why did they keep me online all the time?

Note: Gents be aware that the UAE goes into a period of many Governmental Holidays meaning most ministries are closed for several days over a period of two weeks.

All the government office are going to be closed for National Day and Big Eid from 2nd till 13th

eddy, land department made a decision on elements and ali moosa has to provide refunds, you need to get a NOC from Aspire. I witnessed this myself when I was there, there were many investors waiting for their NOC from Aspire, I spoke with several elements investors who were getting their NOC who advised me that they were getting their refunds as per instructions but I do not know where these instructions came from. These investors were very happy in getting their refunds.

hi i was ask to refaund me but the answer from the aspire was ' we can refaund you only wen the proget will be approved

.... there were many investors waiting for their NOC from Aspire, I spoke with several elements investors who were getting their NOC who advised me that they were getting their refunds as per instructions but I do not know where these instructions came from. These investors were very happy in getting their refunds.

I wonder who these investors are? They must have received some privilage treatment.

Anyway thanks!

My suggestion read all the post of Ravy and you will see what I am talking about.

Secondly ready the way he writes and compare it with Mr. Kantaria garbage posts.

You will know what I am talking about.

Ravi is not Harry.
I am not santa claus.
Black does not make me look thin.

Now that I have stated the facts.
Do any of the last few posts add anything to the discussion about Jehaan?

The way I see it,
those that can, should meet with Ravi or go to Dubai.
I have done both, what about you ?

I am also wondering who all these new interested parties are on this forum.
They seem to be hired agitators.
Its as though you have all been hired by harry, or maybe you are harry !!

Ho Ho Ho.

.

Hi all,
First of all:
PLS STOP BLAMING EACHOTHER! UNITE!
There is really no sense just to put some frustration on that forum without taking any useful actions. Even if RAVY is Harry or collaborates with him or has been cheated by him. That person (ravy, sorry for using that expression) can't or - for some of you - wouldn't refund or what else just because you drop a message on here. So, pls stop that useless discussions.

Here there are many people with different demands/interests towards Aspire.
Ravy tried to clarify the situation with Aspire and can provide something more as we have today, even if he is cheating or has been cheated by Aspire. Anyway, he is offering a meeting in London.
Question: who can participate?

The way Ravy went through was a direct connetion to Aspire to achive some information. So we have to evaluate those and see, what could be the next step for us.
Most of us - when I got that right - want to be refunded. Due to Ravys statement this seems not to be possible.
My suggestion:
I'll be in Dubai mid January 2009. As Ravy stated,there might be no sense for me to go through all this again with Aspire - and I agree with him. cause when I would get same information/cheats, this would be wasted time for all of us. Hence my approach would be to go to a lawyer with all information Ravy can provide me to evaluate legal steps and to get a different view on things.

@Ravy: is that possible for you to provide me all information and documents till end of Dec.? Via Email or postal? I would also pay the costs, if necessary.

I want to point out, the within last weeks we achieved so much more as within last 1.5 years. Just to put some facts,which all of you would agree:
- Jehaan and the Developer of that is now on RERA-Site (even if this doesn't mean anything, but is much more than nothing)
- Press has been involved and reported to Gulf News
- Harry's phenomenon after 2years of silence
- Achievment of more useful information / cheats via Ravy (this is definitly more than silence policy of aspire)

So now we have to see, what we can start of that, what is there.

If anybody is the opinion,to take further steps beside my suggestion,Ravy is still a good startingpoint and pls. act instead of putting only frustration on that portal because this is not useful for nothing.

Looking forward your constructive suggestions regarding that approach.

Thanks to all and I do still share your frustration but I do not agree the way to move things forward by putting just frustration on this forum.

Does it matter whether Ravy is Harry ? Let us assume he is .Does it change anything ?

Reply might be that he is lulling us into a sense of security with his claims . But surely everyone here will do and will have done their own research to back up claims made .

There is only one issue here seperating us all .That is

Some want to continue with the project whilst others want out and a refund .
Why don't we try to work together to achieve both aims.

Those who want out should let Aspire know and Aspire should respond to their demands . But officially with a circular email to all - or a posting on the still defunct Jehaan website or the Aspire one .

If Ravy is Harry then he can go through the motions of pretending to contact Harry ( himself ) and get an official response from Harry ( himself) on this refund issue letting him know that many poeple want out !!

Those who want out can also contact Kanataria stating the same thing .

A quick official answer to this Ravy would really calm things down and reassure people.Can you try to get a reply .

Would also help the project for those wanting to stay on - as there would be no conflict .

If no satisfactory reply then all those wanting a refund can join together and go to court.

Because Kantaria says no refunds possible anymore does not mean it is true after all last week it was 100% certain according to him and quoted in Gulf News.

Finally I do not think it is wrong for people with difffering view points to post here . This is what it is all about differing opinions -

Am with you tormore63

I will still insist that Ravy is Harry.

Why it is important to distinguish because he is buying time for Aspire and wasting our time. He is misleading us. This story is going on since 2007 we are entering 2009 now.

The only way we can pressurize Ravy/Harry is to keep bombarding the newspaper with mails. As many as we can and as much as we can. so they acknowledge that there is a geniune problem. You saw the difference when we went to Gulf News.. we can do it.

Lets write to 7 Days, National, Gulf Today and Khaleej Times along with Manoj for Property Weekly.

LETTERS TO THE EDITOR
letters@7days.ae

NEWS DESK
news@7days.ae

The National newsroom: +971 (2) 4145328. To send a press release email newsdesk@thenational.ae

Emarat Al Youm
Sameh Awadallah 050 4219319
04 3062222.. Direct 04 3062205
Email: sawadallah@emaratalyoum.com

Al Khaleej
Melhem Al Zoubaidi
me_press@yahoo.com
050 6371732, office 06 5777777

Emirates Today
Shweta Jain
050 2047971
sjain@awraqpublishing.com
04 3062222.... Direct 04 3062231

Gulf Today
Parag Deulgaonkar
050 8471427
paragdeulgaonkar@rediffmail.com
06 5777999

Gulf News
Robert Ditcham
050 4358684
rditcham@gulfnews.com
04 4067672

Property World
Andy Mctiernan
pworld@eim.ae
050 4214132


Lets all of us write to them... I know and i strongly believe this is the only way out. the world has to see what happened to us.

We have already done the press thing - not sure how much another article in Dubai media would change things .

Europe media maybe .Try them

We now need an offical response from Aspsire and clarity about refunds.In the next week or so and definately before the Eid holidays.If not forthcoming then .............

Lets just wait for the offical letter . I will give them a week or so .


Just to repeat one last time

Ravy is not Harry because of something specific printed in the Gulf news article particular to his investment case- I should know

I also spoke to the journalist who printed the article and she confirmed to me that she had spoken to Ravy .

So stop this nonsense .
Do you want a refund or the project to go ahead ?


Fahima I have sent you a pm

I am not anyones spokesperson, but I have to point out one thing to those of you that are still trying to contact the press.

The press have not got your money.
Why are you posting here and contacting the press.
Why are you not arranging to go and visit Aspire and state your case for a voluntary cancellation.

As has been very well communicated, there are :
some that want a refund
There are some that want an apartment and now I believe
there are some that just want to see the world burn.

I spent money from my own pocket and went to their office, anyone that has time to make noise, but is not prepared to go and face Aspire or work to now get the project started is just a fire starter.

I too am worried, but if we now have a situation where we have :
an approved project,
land in the name of Aspire,
investor names against the project and
land registered against the project,
then I for one am past prepared to see what happens next.

Those of you that want to write to the press now, will not be supported by me as it goes against what I want to do at least for the next 2 months.

Those of you that have read my posts, will know that I am not stupid or hot headed. I may have lost my money, I may not, but I took action that made a difference.
I do not need to state here, but am happy to discuss directly.


You know what
I am even thinking that maybe we should arrange a Conference call with access numbers from other countries, so that we can talk together.
If we think that is a good idea, then I can arrange, but I will only invite those people that ask and we will check who has dialed in as it is not open for all.
If you just want to shout, then go in the garden.

Look guys do whatever makes you happy, I do not care if you think I am Harry, tormore knows who I am and so does nomadic whom I have met and am going to meet again.

It was the efforts of tormore and myself that helped get the article published and we both spoke to suzanne on many occasions, many of you sat on your arses for the past two years. (Apologies to others who did speak or write to suzanne, but you guys are not throwing retarded accusations)

It is myself who forked out money to find out whats going on, many of you are just shouting your mouths off, like they say actions speak louder than words so I suggest you act on that wise statement and do what you think is right rather than waiting for other to take action on your behalf.

You can either believe/disbelieve what I am saying and wait or you can put your money where your mouth is and launch court cases, it will be interesting to see and hear about.

As I said earlier,

I want a Refund.

I am still waiting for Mr. Kantaria to post in this forum stating whether he will give a refund or not and how much will it be.
Furthermore this should be sent, (as tormore63 states), officially and in writing to all investors so that they can decide how to proceed.

I agree that too much publicity may not be in our interest for the time being.

If we are going to a war with Aspire, media-wise, we should be sure 100% that the project will not go through and that we cannot get a refund.
Personally, if we do not manage to get a refund legally, or otherwise, and the project goes through, it is in our best interest to keep a low profile on all these so that we can sell as quickly as possible if and when the time comes.

very wise post^^

There is a lot of built up tension and we are just venting anger.
lets stand back and re-set our aims and proceed with the new knowledge we have gained

wisdom has landed at last

??? Still waiting for a reply from Mr. Kantaria about Refund options....

Still no telephone line over a week now .
Not very reassuring .Any one know why

Kyriach he won't reply nor will his staff .

He is ,irrespective of what happens with the project - whether it goes ahead or not - a crook .

As mentioned before when I updated everyone harry told me that

Refunds will only be administered when the escrow account is active and will be according to Rera's rules regarding refunds.

I mentioned this already and as you believe that I am Harry what I say should be as good as what he says according to you?

If you do not think I am harry then you should seek clarification from Aspire as it is very unlikely he will write into this forum due to the responses he got last time

This email harry@aspiredubai.com that Mr Kantaria provided is NOT working
Anyone has an email or a contact # to reach Mr Kantaria?

However their 0800 number should be working I think.

Hi kyriakch,
Ravy mentioned that 0800-No should work.
Did you try that?

@Ravy: Are you aware of any new official No. of Aspire after movement?
If not, any news regarding that issue?

There is very little staff there at the moment, no receptionist at present, no one is working there today or tomorrow as holidays.
The staff there at present have hundreds of clients coming in everyday for elements NOC and jehaan updates, not physically possible for them to answer calls as there is about 1 dedicated person to dealing with enquiries.

I do have some numbers and email address but am not prepared to give that out.
For example the decision to publish Harry's phone on this forum was stupid and this has just led him to not pick up any calls from people he does not know

i do no if the tru but to me tell the fone dont work because the dreneg from aircodition liking in the line....but i do no if is the tru!

No one answers the 800.... its holyday today

yes, but the local fone dont work enimore

The staff there at present have hundreds of clients coming in everyday for elements NOC and jehaan updates, not physically possible for them to answer calls as there is about 1 dedicated person to dealing with enquiries.

Ravy, what an inside information and what a nonsense! Hundreds of people everyday? Well try to park there your car, which is almost impossible for one customer. I wonder how hundreds of people will do that!
Come on I know the place and their office can only accommodate a few customers. You know the office right?

Ravy you are overdoing the non objective- spokesman for Kantaria bit - .By always finding excuses for him you make people doubt you .

I have defended you here and will continue to do so but

Just admit the truth:
- it is not normal that there are no fixed telephone lines more than a week after "moving"
- that no client informed of change of address or sudden non existence of telephone lines .

It is bizarre that ten days after moving there is nothing .

No communication about it at all.

Problems paying bills ? Don't want to bothered by annoying and annoyed customers .Who knows ?

As usual confidence inspiring

The 800 number is intended to be accessed from the UAE- not by people in Europe

As for being too busy to answer telephone .Rubbish
Not the case as previously they always did - role of switchboard.

The person dealing with sorting out the Jehaan and Elements mess may be busy but not switchboard.


As for giving out Kantaria's tel no - think person who did it was wrong to do it on the forum -better by pm but as Aspire never replied to queries honestly maybe only option.

His number was given out by someone here after having waited 18 months for something to happen - i.e contracts etc.

Everyone is going crazy on this forum, when I said hundreds its a figure of speech, not meant literally, for god sakes the way some people latch onto each and every word.

If I provide explanations then I am accused of being Harry's champion, its almost like you all want this project to fall through.
Tormore I suggest you go there and find out for yourself, rather than posting negativities all the time - I mean whats the point of complaining if you can't be bothered to go there, instead of phoning them all the time go there and find out for yourself as when they do explain things on the phone you don't believe them anyway so why do you want to talk to them if you don't trust, doesnt make sense to me. I am still on for meeting you so you can understand, and trust me when I sit down with you and explain you will know where I am coming from.
I don't care about the phone lines nor was I there to investigate that, I have direct access to whom I need to speak to and they have not moved offices yet - next week maybe

Like I said I DO NOT CARE if people doubt me, if you do find out your own information. I am telling you what I know but will not continue to do so from now on, those who want to know can pm me

There are a few investors who know me and have spoken to me, it is these people I will keep in loop, the rest of you can get your own facts/information. I have tried to present the facts, I have not praised anyone my opinions and have been objective, if you cannot get through to them assume all you like, but be warned you risk shooting yourself in the foot if you continue like this on the forum with the negatives.

I am being kept updated so good luck to all of you

No body is trying to close Aspire down just pointing out things that do not make sense - anomalies

For the moment I will stay in the project . If they let me down again then I will go for a refund .

Hope I am wrong .

Dont we just miss aljones

Oh now come on guys, all this while you all have been providing pointers to ravy for his meeting, now after his meeting you end up attacking him, give it a break. Blast harry not ravy man for the phone lines, etc. you guys are not happy than go approach harry directly instead of trying to apoint a spokes person & sort out your issues individualy.

Something is fishy here. Many people's writing and paragraphing styles are IDENTICAL.

Did you people had the same school teacher? :|

Dont we just miss aljones

He/she never left ... just dropped that alias.

AltinD

Would you mind clarifying your statement on the forum, there are a few of us real investors trying to discuss a serious topic however we believe that there are some individuals trying to sabotage this for their own end but we don't know why.
Would you be able to identify those individuals who are posting threads but are using different aliases

Ravy

AltinD

can this forum report the IP address used?
We can then see if the posters are using the same computer or at the same location.
As this is a Furom for upstanding investors, there should be no objection.

But thanks for keeping an eye out here and letting us know, that:
"We are not Alone"

I am worried about my investment but now will sort it out myself up to you all what you do -

No more posts from me

This is all very messy, it seems that tomore was aljones.
There too much deception on this forum.

Lets please unite as a group and move this forward now

I emailed the moderator about the above and his reply was this

Hi Ravy,

It is forbidden to use more then one account in this forum and if caught doing so the users are banned.

I don't wanna go into details ... however let me tell you that we moderators are totally not happy with the way the threads are progressing and we might even close many of them.

While we understand investors frustrations, investors have also to understand that this forum is primarily for skyscraper and construction enthusiasts and we don't want to be involved in real estate investments or legal issues. This forum certainly isn't the place for them.

Cheers
AltinD

Have replied with the following

Hi

I can only apologies for this, we respect the forums intention and we had hoped that we could discuss the very nature of the construction when it was built but unfortunately it has been delayed due to issues.

We ask that you do not close this forum and wait at least till the end of January. This will give us time to migrate over to another forum where we do not violate the purpose of this forum that you intended it for.
May we request that you keep this open till the end of January as am trying to build my own website where we can discuss.
Thanks

Ravy

Just to put you out of all your misery .And to make things perfectly clear .

I am in touch with real estate agent in Duabi who gives me information from there about Aspire .He has been doing so for over a year now .

I asked him to post on the forum but he refused .

I set up the account for him and posted what he told me - with his permission .

I also sent on the mails sent to him and he would reply to them via me .He was specific about not being identified as he had worked closely with the company .

If I wrote what he told me under my own name no one would have believed me .

I will let you draw your own conclusions on this .

I will now deal with my investment in my own way and leave you all to sort it out yourself .

I will also now withdraw from this website .

Ravy you should also be clear to everone here about the nature of your relationship ,previous to your visit to Duabi ,with Kanataria .
Tell them about your previous contact with him face to face .Tell them about your first visit there last year and its nature.
Be honest with them .
Then they can judge things more clearly

It is up to you if you post it.

I am worried about my investment but now will sort it out myself up to you all what you do -

No more posts from me.
why didnt you found a way out for yourself then.

Sorry to post again but Ravy you did not answer my question in my last mail . Here it is again.

Ravy before your recent visit to Dubai had you not already been there before ? Who invited you there and who paid for your trip - all expenses paid -that time - tickets, nice hotel etc ? Wasn't it Kantaria ?

Be honest .Should be as you are the intermediary between investors here and Aspire .
You should tell people here about that visit .

As I said before I will wait till end of January and see what happens . If they let me down then I will go to the English Media and take other steps.

I have waited this long another month or so won't change anything .


Please verify all I have said in my postings here independently and check if not true .

This is definately my last message .
If my account is kept open I can be reached via pms if not then so be it .I did try to help and think I have .

I am also starting to look into the option of a lawyer in Dubai . Expensive but costs may be redeemable .

they are not going to build anything.....


they are stringing you along for as long as possible, they wont give you a refund because they have no money.

how can they build a project or give you a refund if the electricity bill hasn't been paid in there own office!!!!

just to let you know, track him down at Monarch office tower, i think they have new office there, 16 or 17th floor....... beware of all the lies,

I wouldn't be too sure DXMQuantum...
Went to puplic Notary so I also visited RERA yesterday.
I also saw a very good lawyer about the matter.
I will meet with Aspire today.
I am in Dubai for 2 days only for this and I have spent 1300 euro.
I have a lot too say.
I will post my experience after my meeting with them.
My conclusion until now is that I agree that we should definately wait until the end of Jan.

tormore
are another person no one can trust you accusing me of been racing
but i dont send people PM from one menber to another and when people tell me samething off the board i DO NOT WRITE IT either . like what you are doing with ravy now
pretty sad.

I am not an intermediary between investors and Aspire and I do not want to be one, what I do with Aspire and my approach to them and meetings is through my own personal choice and recommend others do the same if they so wish.

I have not been deceptive unlike yourself tormore as you have shown your true colours and I have blatantly stated my case on this forum.
In trying to pass the buck and expose irrelevant information does not clear you of your deception. As a result this forum will most likely close down as a result of your actions.

I know the ins and outs of the company and say that you should all do what you feel is right, if you believe in taking them to court then do so, if you want to complain to Rera than do so, I am not recommending you do what I do, I am just doing what I think is right at the moment

Well done kyriakch for taking your own decision and finding out what is going on

fair enough, the best thing to do is to meet with them in person.

But i guarantee they will lie right into your face anyway?

All I am saying that it is worth waiting till end of January, if nothing then I am all for launching some kind of action, and believe me I will be at the forefront in doing this

TORMORE 63 YOU are another person no one can trust you accusing me of been racing
but i dont send people PM from one menber to another and when people tell me samething off the board i DO NOT WRITE IT either . like what you are doing with ravy now
pretty sad.

I think you all need to stop fighting and get your money back or get your apartment LOL

I'm sure there are spies here, in fact I'm positive but i think you need to worry about yourself and do whats best for you and your investment. - either help each other or just go alone...... but from what I have heard RERA are not much help and the police would probably arrest you for wasting there time lol! - but work together and get this resolved - or the only person having the last laugh is Harry and Co.

COME ON!!

bottom line this furum will not solve any of the problems,but it suppose to be a help for the people who are broad more than the one in UAE,but it s not the case anymore.
YOU DONT KNOW WHOS AND WHOS

ravy where is your web siteeeeeeeeeee.

This is to the Mod of this board.

Please allow us time to move this group to another site.
I will spend this week looking at options.

Tormor,
you are an investor and you did what you felt you had to.

now that your tactics have been uncovered, it is not required to now throw mud at others.
It actually reflects more on you.

I do not agree with all of your actions, but I guess, if things had gone to plan, then we would all now be talking about bathroom fittings and not who's who.

Everyone
I still state:
If you wanted an apartment, then now we (may) have our names on land in a good location.
That is more than we had, but not as much as we want.

Those that wanted to buy and sell "off plan", will probably lose their money or have to pay much more than they intended, before they can sell.

It always was a gamble and some have already lost to the house.
To you guys, im sorry, but please dont ruin it for everyone.

Dear All,

Today I am in Dubai.
I arrived 2 nights ago.

I smsed Mr. Kantaria about it.
Yesterday I also spoke with his CEO Mr Amitabh Dhawan who refused to give me a refund.
He advise me not to proceed legally with Aspire and that the Escrow will be in place by january.
He also told me that the are is no refund since all the money have been spent into the project.

I went to RERA with my agent (Casa Dubai) and talked with the legal advisor there.
He said, since Aspire is not under escrow yet, law #13 does not apply so I am
allowed full refund. He said I can go to a real estate court and file a case with my
lawyer and I can also ask for interest for as long as the case proceeds.

On my question if Aspire will get escrow, he said they are under process.
He confirmed that the units are being registered to the buyers names.
When I asked how long it will take he could NOT answer.
However this could mean NOTHING to me BECAUSE we I've being hearing this for 11 months

After that I went and I talked with the layer,

His name is Roukoz Hobeika.
His email address is bayanlaw@emirates.net.ae and their office no is 009714 2212494 and his mobile no is 0097150 6243387.

I told him about the Jehaan situation.
He read all the documentation I provided including Aspire's contract, receipts and even a
letter Mr. Kantaria has sent me in May stating his approval for a refund in my account. (The
money was not sent within 2 weeks and silly me I told them I changed my mind and I do not want
a refund, after reading in this forum that they are "getting processed for approval")

Any way the Lawyer said we have a case and he can and will win it.
Casa Dubai told me he has won them a similar case recently.

However,

A) It would take at least 6 months.

For every month the trial goes on Aspire will have to pay interest if we win the case.


B) He wants around $5000 and he wants it in advance (includes the 7.5% courts fee)

If we win I get back only the 7.5 courts fee. Aspire will be forced to pay only that.


c) He cannot guarantee we will get our money.

The company may go bankrupted and the court will have to liquify its assets to pay us.
However most probably Aspire's assets will be a few desks and some computers so this means we will get nothing.

If we reach this point we will have to press charges to Mr. Kantaria directly and hope he has something in his name.

The Lawyer told me, recently, he has seen 100s of cases like this with various developers in Dubai that are not registered.

Now,

this lawyer was very sincere (not usual for lawyers as well all know).

He told me it is pointless to file a case right now and I should wait until the end of the year.
A month he said wont make any difference since if I file a case today or in a january the result will be
the same since the case cannot be solved in less than 6 months anyway.

If Aspire gets escrow then Aspire will be forced to refund us if we claim it (unfortunately law #13 may apply since they will be registered).
On the other hand he said why ask for a refund and not sell it really cheap since I got it cheap anyway (well....if I can find a Buyer).

The way I see it:
with refund and Aspire getting escrow I get 30% off from Aspire therefore I keep the studio and try to re-sell
it cheap.

On the other hand with refund and NO escrow I get 30# off to pay the lawyer, wait months and if Aspire gets approved I still need to pay the lawyer full amount.

Like I said, I DO NOT LIKE TO BE CHEATED

I gave the Power Of Attorney, that I registered today at the public Notary, and all the documents needed for filing a real estate court case, to my agent and I will wait until the end of January 2009. If Aspire has no escrow by then all documentation will be handed to my lawyer.

I will have no option but to pay and file a case against Aspire at the real estate Court and hope I get my money.
By the way IF ALL OF YOU JOIN ME THE LAWYERS COSTS WILL BE REDUCED and OUR CASE STRONGER.... (think of DAMAC)...

I will have to file a case by end of january because the more I wait the more I risk getting a court paper saying I that won the case but Aspire has no money or assets to pay me.

In the court case scenario it means going to a war with Aspire which will include that I will arrange for a blanket news release to all FOPDAC and AIPP and NEAC registered agents in the UK (practically all of them) and warn them about Aspire's actions.

Personally I hope all these has been a misfortune and bad management.

I hope Aspire will get escrow by January and as far as am concerned I will try to sell it immediately.

However,
In order for this to be done any bad publicity towards Aspire for the time being is NOT TO OUR INTEREST AT ALL.

By the way I wrote this while waiting for Mr Ajay from Aspire to call me to arrange our meeting today.

Furthermmore in case you wonder who I am???

Am an investor who bought a studio in Jehaan 11
I have a website with my foto and CV for those interested.
www.ckyriakides.com

By the way more news coming in from concerning law#13.
The 30% that the Developer is entitled to keep in case of refund, is from the total amount of the unit and not the amount paid!!!
This means those who paid 25% and want a refund, NOT ONLY they will NOT get any...
they will have to pay another 5% !!!!

There are a lot of rumors however that this law will soon change

Thanks for the information Kyriakch, I am glad that you have pretty much validated what I have been saying all along which is wait till end of Jan, stop any bad publicity that might cause financial damage to Aspire hence our investment and stop negative publicity that might not allow us to sell at a later date. I hope you can trust what I had said.

Kyriakch thanks for finding out the legal option, I did not do this when I was there. If a legal case is required at some point then I would be willing to join with you and the costs involved as it should be a burden carried by us all.

In the meantime I do believe it is a case of bad management and misfortune, I also believe and somewhat know that there are financial difficulties with Aspire and the whole real estate market in Dubai and it is 50/50 whether they will get through it or not.

However undeserving you may believe they are lets give them a chance

Also when you wrote
The company may go bankrupted and the court will have to liquify its assets to pay us.
However most probably Aspire's assets will be a few desks and some computers so this means we will get nothing.

This is not true as the plots are registered in Harry's name hence these are his assets, I have seen proof of this. So these are valuable assets

Hi

I have just got off the phone to a web hosting company and I can probably get a jehaan forum up and running in a day or so.
I think it is worth doing and will allow us to thank this site and move on to our own space.

I am an investor and have something to lose.

the last thing I want to do now, is build this new forum and then I will sit there alone talking to myself.

Shall I do it?
It will also be easier for other investors to find us there.

Nomadic

I am having a conversation with my web developer friend later today, will hopefully see him this week and get the website I planned finalised.
Can you wait a week as already put upfront costs, if no progress then proceed

Not that what I’m writing has to do with Jehaan but it might described the current situation with the real-estate agencies here in Dubai. Hopefully Aspire is in better shape.

The unit I bought via re-sell is part of a cancelled project under Aspire. The re-sell agency promised me full refund when the transfer could not proceed, due to the missing escrow account. They kept me online for almost a year by saying that the project will proceed. Finally the project was cancelled, only recently confirmed. I have the full refund written in black ink, so I’m sure I will win this case, if I have to go to court.

Last month, I decided to go for my refund but instead they offered me an alternative, but more expensive, also in JVS. I had to study their offer on feasibility but couldn’t proceed. I again asked for the refund. Now a month later they want to pay me my refund in two or three stages so keep delaying the full refund. In their office, another investor was waiting for a cash refund as he received from the agency a bounced check. So it looks like they don't have the cash or something else is going on.

If this is going to take any longer what will be left? I’m concerned for the worse. When these agencies will leave and close the doors what then? They might could file for bankruptcy and start a new company under a new name and move their assets without being liable for their debts or refunds. I have seen this in Europe many time with small companies, hopefully this cannot be done here.

Indeed you have to find out all assets owned by Harry and claim these.

Hi All

Have been in discussions with nomadic, he is going to build the forum aspect for Jehaan/Aspire so we can continue discussing and migrating away from here and I will be building the website/front end stating the cause and purpose of us investors.

We hope to have this ready by early next week

Hello all.
Today I had a meeting with Mr Ajay at my hotel.
Personally I thought he would take me to Aspire's offices but he said he could not as he was very very busy!!!
We sat and talked and he also showed me the letter Ravy talks about (dated 25 November). Basically he said everything Ravy has told us.

BUT ONE THING BOTHERED ME I WANTED TO GO TO THEIR OFFICES AND SEE FOR MYSELF WHATS GOING ON AND WHY HE WOULD NOT TAKE ME.

After what I have been reading in this forum I felt these people didn't even have an office.

So I asked for the addresses form Mr Ajay and I went on my own.

I went to Aspire's old and small office at the Brashy Building. The fact that it was small did not bother me because through my interactions with other big developers like Ruffi and Triplanet I have seen offices much worse.

At least Aspire's offices are stylish. I give them that.

The Aspire's office is UP and running. There were many people in there probably as Ravy said for inquiries demands etc.

I asked for Pramila just to see a face behind those emails but was told she is on vacation.

I was also told that the phone lines are cut because they are moving to the new offices.
On my question how can someone reach you if you do not have phone he gave me his mobile!! (508614706)

(my personal opinion they cannot handle all the phone calls since everybody
wants updates inquires etc so they stopped answering until they situation is cleared up)

I hope they get escrow and put the lines back on soon.

Anyway I left and I went to see their new offices again on my own to prove what they say stands.

They are at the 17th floor of the very impressive Monarch Tower.
Well people, Aspire's new offices are very very impressive and classy. It does NOT seem to me someone who
is thinking of closing down his company goes to such trouble to prepare such an office.
By the way the front desk is ready with the name of Aspire written with big letters and there is
a big moquette next to it I think it was the Santorini project. The office is ready.. it gives the impression
that they should be moving there in a matter of days. (I hope Mr. Kantaria didn't use OUR money for that office).

Lets all hope they get an escrow by Jan 2009.

I have spent money and time over this and tomorrow am going back to Cyprus.
Practically I am where I started. The difference is I have hope that they will get escrow.
I am sharing all these information with you because I am like you and I feel you.
Also I want to tell you what I saw ask you to wait and NOT hung Aspire to the media because it is Not in our interest. (sorry I am repeating my self). If anyone wants to post anything to the media he should first come here see, judge and then do as such.

My advise after these trip is WAIT and IF God forbid they don't get Escrow we MUST all unite into a Legal
suit. WE MUST ALL UNITE.

I think the new forum is a great idea.
I also think it should be for investors of Jehaan only and all members should provide proof for it.
We are stressed enough so we DO NOT need outsiders stressing us more. (MY OPINION)

Thank you again for validating and proving what i said was true.
Just to let you know pramilla is the worst person to go to with regards to jehaan, she is currently off due to her son being ill.
Also the new Aspire offices were commissioned ages ago and was in the middle of being furnished, they have a lease on it for 2 years and will move into it soon (this is what harry told me when he gave me the tour).

Like I said give it till January.

The new website will only be for jehaan and no other project, also it will be administered by myself and Nomadic so we don't have people trying to sabotage it. We will try and set up some controls so people who register prove they are investors

Hi guys,
thank you very much for your updates and efforts.

Only one thing regarding the new forum:
I would suggest - as kyriakch stated above - to do a moderated one and all members should proove, that they have invested in Jehaan project before entering inn.

I also would wait till end of Jan.2009. Aftewards I will file a complain together with you guys.

Hope + pray that things get done till Jan 2009!
Thank you and let me know where the new forum will be.

Hi

It is not live, as we need a couple of days to structure it, but have just secured "jehaanaspire.com"
Ravi will work on the web site part and I will contruct the forum as a part of the main site.

As we own the site, we can see how everyone registers, but as I do not have owner lists from Aspire we can only hope that everyone there, is there for a good reason.

I am also looking at ways to report which internet address is being used, so we can see if more that one member is using the same computer.

Tormore,
I hope you will join us,
because as an investor, you are after the same results as the rest of us and we need to stick together.

kyriakch ,Ravy
you have seen the new office!!!!!!!!!!!
yes but that shiny office is a story it self (harry just trying to send you with something new to resure the out side investors it s just wait and see
ja isnt that far again.!!!!!!!!!!!!!

It is a good idea to move this discussion to another website and release this forum from this subject.

However keep it public as you will not win anything trying to keep it secure with investors only. You will not succeed in that; infiltration is always possible unless you get Aspire information of every investor, sold unit and name behind it. You might trust the wrong person and you might take the wrong decission.

A website will not help you nor it will impress Aspire. The only way, take collective action as a group, if you believe nothing will happen. You probable know there is nothing more powerful than the public and its opinion than a group of lonely investors going around circles in a closed forum.

A good idea is to seup a website for all kind conflicts with developers and real-estate companies in the UAE. A site where you can also get advice from lawyers. I believe there is certainly a need for that. Not only Jehaan investors are suffering.

The software used like this forum is just commercial software and can be purchased. Webhosting is easy and a domain can be bought. It doesn't need to cost that much!

Goodluck!

Hi

It is all still very much in development, but you can use the forum or at least register.

http://www.jehaanaspire.com/

You will see a link to the forum here.
You can give suggestions for the site there too.

Hi All

Latest update from Harry is that the letters will be send out within the next few days, their office is currently closed today and tomorrow. Also Rera are closed until the 14th December so will not be able to register Noorzak Investments until they resume work on this date.

I will hopefully get the website onto the above site by this Sunday, it will be a working development so it will get better over time.
I will also be posting updates I receive from Harry on this website

Hi All

Encourage you to all register with the new site, go to the website click on forum and register yourself, at the moment we are keeping it open so anyone can come on it and comment, but if things get out of control with users using duplicate identities then we will ask them to prove themselves as an investor

your forum link is still www.google.com in the menu.

I get the forum when I try not google

please refresh the web site on your browser, as i am making changes live.
Your browser may still be using its memory to speed the pages to load.

It is all working as I just checked and others have registered there

please refresh the web site on your browser, as i am making changes live.
Your browser may still be using its memory to speed the pages to load.

It is all working as I just checked and others have registered there.
sorry how to register .:nuts:anything i press takes me to google

This is the direct link

http://www.jehaanaspire.com/forum/

Most of the google links have been removed, so you may need to press refresh or press Ctrl-R

Just to clear things up concerning new law about developers retaining 30 % of price of real estate for people pulling out .

The new law only applies only to contracts signed after August 14th - previous to this date the buyer only loses 30% of the amount he has paid -on condition that contract signed before August 14th .

See the article below and specificallly the last paragraph . Any developer claiming otherwise is wrong and lying.


See the link below

http://www.gulfnews.com/PropertyWeekly/News/10262231.html

This is the last paragraph


“The fourth surprise was a statement of the obvious, but one that was necessary to clear up much confusion. The law only applies to purchase agreements entered into on and after the law was issued (which was August 14, 2008). Purchase agreements entered into before such date shall be governed by their terms on such matters.”

Still no letter from Aspire to buyers as previously promised and still no fixed telephone lines .

The new jehaan investors website has just gone through a revamp, take a look with latest updates being posted on here

www.jehaanaspire.com

Spoke someone ( lawyer ) off the record in Dubai and showed him ( sent him ) the material on Aspire and the nonsense i.e the mails etc they have sent out . Also told them a little about what has happened over the last year and a half .

Was told that if we want can obtain a 100 % refund .No problem irrespective of Aspire refuting this .

However even more damning than this

Was also told that the very fact that the highly trustworthy boss of this thoroughly reputable and upstanding company has gone into print on record in Gulf News as guaranteeing 100 % refunds to all those who want it is an open and shut case .
Any court case can be won just on the basis of this article and this much to be admired avowal of his intention to refund Jehaan customers .What a fine man he is this Kanataria person -I am sure you will all agree.

If he refused - No problem at all as can use the article in Gulf News see below

http://archive.gulfnews.com/articles/08/11/13/10259247.html

I am telling you this not to discredit the company but to show all you out there that we are not powerless and not limited in our options .We are the ones in charge of what we decide to do .They cannot impose things on us - if necessary we can use the law and the media to clarify things for them.

My intention is the same as most of you probably - to wait and see what they offer .
Assuming that the things we have been promised materialise - debatable!!- we then have the choice of either proceeding with the project or getting out .

Let us be clear about this - we can get out if we are not happy with what they offer and because of his admirable offer in GULF NEWS of refunding us a 100 % he cannot deny this .

Before some Aspire apologist comes on here and says he doesn't have the funds to do this as he has spent it on other projects . The answer is tough .Won't hold up legally .Again was told this .

The delays in handing over the plots were not due to Nakheel but Aspire . The project would have started over a year ago if they had had the land transferred to their name in the correct fashion.

For me it is important to have a website where all strands of opinion can be expressed .

I am highly dubious of the company but will bid my time . However I have already covered my back in case they fail to deliver on their promises .Or if what they do deliver is not what I want .

Watch :

Floor space - how calculated
Extra payment for increase in floor space immediately rather than at end of payment plan.
New floor plans with change in facilities .

Creating a website in which one of the prerequisites is to be positive about Aspire really is not very good at all .Sends out the wrong message .Almost as if it is an unofficial official Aspire website .
Surely it is better to have all strands of opinion.Positive/negative etc

That is why Skyscraper.com is to be admired .Tolerates all strands .As such I will continue to post here as long as tolerated .

Finally just to let those fine upstanding folk from Aspire know I and many other investors are not going to fall for your rubbish . We will make our decision on the basis of what you deliver in next month or so . if we are not happy with it we can and I assure you we will get our refunds .

To close just a little piece of advice -it is technically illegal in Dubai to have a business in which company cannot be contacted -it is a legal obligation to have functioning telephone lines in the office. So I would sort out that little telephone problem quite soonish if I were you .
I would also send out that letter that we were promised over two weeks ago now .

Not great PR and as usual not very reassuring or good business practice .

Just in case this thread gets closed down - very much hope is not the case -here is an email where can be contacted ;

chanoverz@yahoo.co.uk

Interesting to note that there is as of yet no RERA body in Ajman or Ras Al Kaimah . Apparently it will happen in the near future . In Dubai speak that means in the next two - five years .

So not the same checks on real estate projects there as Dubai.

Interestingly enough Aspire have some mega projects lined up for Ajman and Ras al Kaimah

http://www.dubaicity.com/news/Ajman-real-estate-attracts-Dh400bn-5-05-08.htm
http://www.aspiredubai.com/projects/details.asp?PID=18


http://www.uaerush.com/tag/ras-al-khaimah/
[/url]http://www.aspiredubai.com/projects/details.asp?PID=19


I am sure that once they have sorted out and answered all the various issues with Jehaan and satisfied any investor's qualms then they can proceed with these projects .

I have utmost confidence in Aspire meeting their promises by end of January- but I dread to think what some investors might do if they are let down again .

They just might go and tell anyone and everyone connected with these projects about their experiences with Aspire and Jehaan .No need to lie just the facts.
Of course this will not happen as Aspire will honour their promises already made whether by email, on the phone, in the National papers or in this much awaited update we are all so excited about .

By the way anyone from Aspire reading this I would get rid of the bit on the voice over about
" free residence visas" in the Ajman Video .

Factually wrong and illegal claim

Hey tormore,
Don't worry, If by the end of Jan things are Not sorted we will all join forces and unite to go legally after Aspire.

I also hope this thread does NOT closed down. However I wish you could join also in the newly posted web site the guys uploaded.
I would like however to see people copy and paste their posts in both forums.
In this way other Jehaan investors will be easier to find us and join forces.

Made contact with someone from Khaleej times today via email and then by phone ..
Explained the situation and he seemed very interested ,knows all about our dear friends at Aspire particularly the knight in shinning armour character - asked me why hadn't gone to them in first place rather than Gulf News.

Have explained the ongoing situation and will get back in touch if promises are not kept.

He said that would definately publish but will wait to see what happens .Obviously if all ends well no need to .He told me that anything quoted in print in the papers - i.e promises made ( offering investors a choice of either a 100% refund or continuing with the project ) cannot then be simply taken back.If this turns out to be the case then they would print article simply on this basis showing that orignal promises were lies and had been broken .

Apparently the Dubai papers are now really into publishing stories on the disreputable aspect of the real estate boom .

We shall see what we are served up by Aspire and then act if need be . No matter what, we are firmly in the driving seat here .

I think one article in Gulf News was bad enough but I can't imagine what would happen if a second were to appear accusing them of lying .

Sure this won't happen as Aspire is a thoroughly honourable and upstanding company.

I also have tentative contacts with a Uk national Sunday Paper but if necessary would first go to Khaleej Times .

But as I have already stated hopefully none of this will be necessary once we get our much awaited explanatory official Aspire letter/ circular and contract ( over due for one and a half years now ) and all is cleared up

Interesting to note that there is as of yet no RERA body in Ajman or Ras Al Kaimah . Apparently it will happen in the near future . In Dubai speak that means in the next two - five years .

So not the same checks on real estate projects there as Dubai.

IMO Rera is not worth anything anyway, so it doesn't really make a difference, does it?

Received the following from Betterhomes


The Evolution of Off-plan – Law 13

Posted by: betterhomesDecember 4, 2008 @ 1:40 pmCategory: Residential
Over the past few months, Law No. 13 of 2008 has been made official and new financing mechanisms have been spearheaded by Emaar. These new developments represent an evolution in the off-plan market and are acutely relevant for those who are owners or prospective owners of off-plan property.
Law 13 governs the purchase of off-plan property and is essentially intended to foster greater security and transparency into the trade of such property. The most important stipulation in Law 13 is that off-plan property must be registered with the Lands Department. Whereas before registration was not required, now any off-plan sale that is not recorded with the Lands Department will be legally invalid.
Further, under this law all developers will be required to report any buyers delinquent in their payments for off-plan property. After such a report is filed, a period of 30 days will be granted in which the buyer can repay the owed amount. Once the 30 day grace period expires, the developer has the option of cancelling the contract and must return 70% of the buyer’s payments. The developer is thus allowed to keep 30% of the money so-far paid and can then put the unit back on the market. It is important to note that the 30% is of the total paid, not the total purchase price of the property (which would likely be a significantly higher amount).
Law 13 provides several substantial benefits to buyers. Perhaps the most significant is that developers can no longer charge additional fees if a completed unit is larger than the original planned unit. So, if a buyer buys a 2,000 sq. ft. apartment and the finished size is actually 2,100 sq. ft., the buyer is not liable to pay anything extra. However, if the completed unit is actually smaller than the contracted size, the developer is obligated to pay for this discrepancy. Another benefit for buyers with the introduction of Law 13 is that they will no longer have to pay transfer fees to developers for off-plan sales.

This is very intressting.
But I'm not sure, if in our case "LAW 13" is valid or not.

totally valid for all and any real estate.

Applies to all
Checked with lawyer

Have still not had an official letter from Aspire .
Just to show how crazy this all is .

The letter has been posted on the "objective" website jehaanaspire.com forum on the "welcome" thread by an adminstrator . He aparently has a copy . Yet no one else has received one yet -

This is the same adminstrator who will only allow positive comments on the board about Aspire and this is what really takes the biscuit :

was invited to Dubai last year by Knataria who paid both his ticket and his hotel when out there .I am talking not about the most recent trip made to Dubai by the adminstrator but a previous one .

So though in no way implying that this person is working for Aspire can't but feel that his opinions etc are somewhat non objective .

Wonder why kanataria did not invite others who are more critical on this board to Dubai .How did Kantaria pay for this corporate hospitality - I presume it has been audited under " let me invite investor who is not critical of my company " and whose pocket did this this come out of .

I am fed up of this company promising things and not delivering . I need an official copy of the letter sent to me by Aspire and not a third party .

And why the hell are there no telephone lines a month after the old ones stopped working - is that normal ?

Tormore

I am the only admin of the jehaanaspire site and no one else.
I am the only one with admin rights and have not shared that with ANYONE.
I am the only one that paid for the applications, name and hosting.

The other site is not only for positive comments about Aspire, it is about facts and conversation, what ever they are,no matter how negative.

It is not about accusations without substance.
If someone wants to post false acusations, then there post will not be deleted, but facts will be asked for and if they can not be provided, then the thread can be closed down, but stay visible.

If they are just plain offensive, then I may take a different view.

I am also the only one here and there that has the Aspire name in my signiture so that every search engine has the best chance of directing people to these sites.

You actions here to try and discredit not only Aspire but also fellow members, is exactly what we are saying does not help our cause.
Remember the fact that you know so much about Ravy, is becuase he has openly shared that with you. To now take that trust and try to use it against him, makes us wonder who is next on your list.

So as before, if you wish to talk ABOUT people and not TO people, then I think you will be very happy replying to your own posts.
If however you wish to share your valuable knowledge, then please do so.

and before you or your alter-ego accuse me again:
I did not and do not work for Aspire.
I would rather spend my spare time on other matters.

Please do join www.Jehaanaspire.com, as we are still on the same side and want the same things.

Look my intention is not to discredit anyone . I just felt that under the circumstances it was and is important that certain facts should be known by all

So the fact that one of the co founders of the site who is a moderator was invited to Dubai by Aspire and all paid for by them should be known - I did think hard about revealing its specifically as you rightly pointed out I knew of this in confidence but thought it should be - because of his continuous defense of Aspire and the intermediary role which he has now adopted to communicate on behalf of Aspire.

Defense is the only word I can use, specifically having read his last post on the "welcome"threadon your forum which might as well have been posted by Kantaria. Have you read it . It is absurd

We now get nothing from Aspire no communication .It is all second hand knoweldge .Everything comes through the very same moderator who is told things and then posts them on the site for the investers.Including the promised letter which is not sent by Aspire but posted on your site by him

The latest being that there are no phone lines because cannot pay the bills, only five people working for the company , and that they are not organised enough to tell us what is going on so he will do it on their behalf .We are then told that however we should continue to pay them once demands are made for the next installments as otherwise the company will go bust .

Oh yes I forgot we are also told that we do have the law on our side , but if we take them to court they may go bankrupt. Frankly does anyyone believe that they will build the thing or keep any promises . They have already broken their recent promise to send us the letter .
I do not want to bankrupt them but do you really trust them one iota and are you willing to throw more money down their throats into a black hole . I am sorry to say this but everything points to them just being a bunch of unreliable crooks .

I will wait till January but then I will act . I will also post on your site - but the last post on it defending Aspire is just - to repeat myself -Absurd.

Just tell me do you really think people trust them enough to continue paying them installments .Would you Naomadic .

^^How will Aspire build anything, when they need your funds to survive from day to day?

You know I have stood silent whilst tormore continues to back stab other investors, it is very pathetic.
Now to answer your points, how is it of any relevance that I went out to Dubai paid by for Harry 8 months ago make any difference to our current situation. What is the point of bringing that up other than to create doubt and mistrust amongst investors. It is you who misled investors by being al jones and pretending to be a Real Estate agent that is far worse than any false allegations you are accusing me off.
If Harry invited me out 8 months ago why should and who would refuse it if you manage to get further information about the project and your investment.
Tell me of any person who would have refused the opportunity first hand to find out whats going on. If you remember I withdraw from this forum for 3 months and told you in confidence what had happened, so where have I posted positive things about Aspire other than to give them time. In fact quote anything positive I have said other than offering explanations for their delays and giving them time, which is not positive.

Why do you intentionally misconstrue what I have said to be defense of Aspire rather than what I have found out, it makes me think you have an ulterior motive and fits in with your alias identity.
Nomadic is the administrator of the jehaanaspire and I am the moderator, yes we both co founded the site and worked on it - this is positive action other than verbally abusing others.
Please tell me how my last post has defended Aspire, what part of it constitutes a defense???????
It is fact, if you don't believe or want to believe then shut up and do some action like I did when I went out there to find out for yourself, you are the only one who has not done this unlike a number of investors.

Now for my dealings with Aspire, I am not the intermediary on behalf of anyone and do not want to be, if I manage to get information I consider it my obligation to share it with everyone, this is what happened with the letter and all the other information I got hold of when I was out there. I will not do anything on anyones behalf but as the moderator of www.jehaanaspire.com I will post everything I find out, or would you rather I keep it to myself.

You are still welcome to join our site, your opinions even though are inflammatory and somewhat intended to falsely discredit people are still welcome and I invite you to put our differences aside and work together

I did try to post on your thread Nomadic ,as requested by you in your last post here, but was then subsequently called a monkey by the moderator on the board on the "welcome" thread . The exact wording was Speaking with a monkey has more value than speaking with you, - solely because I did not follow the party line and picked holes in his continuous arguments defending Aspire .. or even to use another quote from the same post addressed to me by this very same moderator="Red"]I believe in my monkey analogy about you[/COLOR] ..

Finally best of all according to yourself the adminstrator,in reply to me saying I found the comments both racist and insulting ,you tell me I should not be insulted by the above words .To quote you , you tell me exactly the opposite. He is saying the Monkey is better than you and not the same as you.It does not make it any better, but I do not see a racist comment calling you a monkey]
so I think with a moderator and an administrator like that it is best to stick to skyscrapercity. It was a hard choice though- I am telling you .

Therefore on reflection thank you but no thanks - I think I will leave you and your fellow posters to your website and stay on skyscrapercity .Though I will miss the comedy I must admit .

I am staying here.

This thread is at risk of being closed down and as we have now another site the owners of this site , are free to do so.
We are now just taking extra disk space that someone has to pay for.

While we are being allowed to talk about matters that have nothing to do with this forum, I may as well join in.

Tormore,
I know you are angry and you know, that I got to the point I made a special visit to get a refund and was refused.
I have nothing to gain, but much to lose.

What I think of Ravi, will not give me my money or apartment.
Right now, Ravy seems to be being heard by Aspire and although I think this is worng, I am not going to cut off the only communication we seem to have.
I will also say that Aspire now seem to only want 3rd hand information out there and that is therefore not referencable by us.
This is wrong.

Regarding the monkey comment.
This has become an issue for you and I want to comment.

You said to me you were called a monkey and it was racisit.

If Ravi said:
"talking to you is like talking to a monkey" then I would agree with you.
If he had picked anyother animal, then would that be better or worse, or does it depend on the animal?

If he said " talking to you i like talking to a brick wall" then I would say this is a common phrase, but would you ask what colour is the wall ?

Anyway you asked me to comment and I did, when you did not like my comment, you started on me.

My role was to create a site for all of us, I did not expect that I would have to police it.
You are all adults and if you chose to act as such, then, I will be pleased that my investment in time and funds have been useful.

if you chose to insult eachother, then knock yourselves out, but do it in private.

The question now which we all need to answer is does anyone trust these people enough - even if they get their RERA certification in January - to give them further payments !!

Thus far this month they have already broken their simple promise of sending out an official letter letting clients know what is going on .

They currently have no telephone lines, due to unpaid telephone bills and only have,so we are told a staff of five dealing with things - the other 45 are not working .I have been told that their electricity and internet were also cut off at one stage although now reconnected .Their CEO not only has had his passport confiscated by the police but also has court cases against him for a varity of issues - amongst them one for bounced cheques and a prison sentence against which he is appealing. It has already been written about in Gulf news:
http://archive.gulfnews.com/articles/08/11/13/10259247.html.
All this is not very comforting

Just to answer you Nomadic . I did not insult Ravy on your site ,just took his arguments apart -and using his own quotes - showed how all he said was inconsistent . For him to then compare talking to me to a monkey soley because I disagreed with his point of view is very very silly.For anyone wanting to see what I am talking about don't take my word for it just go and check out the "welcome" thread on the previously aformentioned site on this board.I don't see how I in anyway insulted the moderator on your site Nomadic other than showing his statements to be totally misguided and wrong based on what he himself has already said .
Beyond being silly it is also not very reassuring that our supposed link to Aspire is so touchy about any implied criticism of his views on Aspire .

Therefore in my opinion I can't put any credence to what he erroneously may think or may be being told is true .I am disappointed by your reply Nomadic - you really can't see any offence -a joke I presume- but so be it .We may be on the same team but until this thread is closed down I will post here on skyscraper . I will join others though in any joint action .I won't however post on your site again.You stick with your moderator and non racist site.

Anyone here interested in starting a joint legal claim ? Just sounding people out and preparing the ground if necessary for January . For all and anyone please make contact with me.

As people have already previously stated on this board no one likes to be cheated .

In the worse possible scenario we can bankrupt him and his company and get back our money through a sale of their current stock- by this I mean land at JVS etc .He also owns an Island ( Malaysia) in the Dubai Palm development - worth a lot of money.The land at JVS is under the name of Noorzak but this belongs to the very honest and reliable man Kantaria who in turn is the mananger of Aspire - In Dubai there is unlimited responsibility

Aspire are just brokers in the Ajman and Ras Al Kaimah projects not developers . Big difference to Jehaan .

Concernng the change to a plush new office I would assume that this was already paid for before things caught up with our knight in shinnning armour .
I will now try to talk to Gulf news again and also Khaleej times to find out what is going on - specifically with the suspended prison sentence and other isues.I may go over to Dubai at Xmas . I will let you know what happens if I do

If you are reading this Kanataria don't worry we will get you through the law you can't and won't continue to con us . I can assure you of that .

If we all refuse to make any further payments to the the totally honest CEO of this fine upstanding company we can then proceed jointly in our actions.But we need to act in unison -

I am a 100% certain of getting the totality of my money back but it may take time . I personally think all is catching up with them and they do not know what to do - which creditors to deal with first : locals first I would assume

I would be extremely surprised if they refused to reimburse any locals who have invested in the Project .So is there anyone reading this from Dubai who has had or is dealing with Aspire ? If so please post.

P.S Owners of this site Please do not close down this thread as I personally would prefer to post here . Nomadic does not speak for me when he says "we have another site".

Found out today - that the Aspire offices are not even open every day . only from time to time and on certain days .

Work out why folks .

Found out today - that the Aspire offices are not even open every day . only from time to time and on certain days .

Work out why folks .

Hi Tormore,
I think this is obvious:
When they don't have money to pay anybody, who should be in the office?
Further - the holiday time might also push the fact, that they have not open!

Anyway, in my eyes all this is really really strange!

Nothing to do with the holidays .

It is to do with their not paying anyone . Surprise surprise .

They are going to build Jehaan but they can't even afford to open their offices, pay staff, or telephone,electricity and internet bills.


Here is a link about their CEO's Island in the Palm development . Scroll down till you get to it .I wonder if "Malaysia" would pay off any of his creditors or those wanting a refund. It might even pay for the building costs for the Jehaaan project .

http://thesisofacruelangel.blogspot.com/2007_08_01_archive.html

you know what Tormore,
My intention was to build a forum and I did that.
It is up to all of you to use it.
If you do not like what you read and others do not like what you write, then that is between all of you.

My opinion does not matter, as I am not of any more importance than anyone else.
My name says "admin", but that is because, I built the site.
If you do not want to post on www.jehaanaspire.com then that is your choice, but the site is what you make it, not what I dictate.

As for your comments here.
It was bad enough dealing with Aspire in a growth market, but now Aspire is one of manay many companies failing.

The law maybe on our side, but no money is no money.
The best option may just be to own a plot of land in JVS.
Not what I want, but it is possible with the facts we have today.


As to your other question about other creditors,
I say this with some knowledge, there is A LOT of money invested in all of Dubai including this project from the Former Soviet Republic (no names).

I spend a fair amount of time in that part of the world and can say, I would not want to be in debt to them.
These guys will not be going to the papers or the law, but they will doing things in their own special way.

We were really keen on use this forum as weapon againt aspire(and people like them ) but people likeTRMOREE 63,pulled the trigger on them selves rather than on the aimed target.

you are free to use any forum you want .

Nomadic, Linna you are wasting your time with tormore63, in all the years I have communicated with him, he twists what you say according to what suits him and does not get what you say, usually a sign of being deranged.
Let him communicate to himself as he did with being Aljones.

Or he now has the freedom to make up loads of Aliases and now has this forum all to himself so he can talk to his multiple personalities

It is all a mess

I wasn't talking to you tormore you are not worth my attention I was replying to Linna and Nomadic

Anyone in DUBAI know anything ?Any news ?

I haven't tried myself for over a month and am waiting till January deadline .

There were never 45-50 people working there lol. - max 30

The only people left there are a few consultants maybe 5?, who are scared of leaving because of visa issues and the office boys. everyone else has jumped ship, the PRO, the HR manager, other managers, accountants, everyone.

Apparently Aspire will be dumped and they will be trading under another name - Impact Realty - they are already in business, this is Harry's brother and or cousin, but he has a big hand in it - make sure you follow this up and keep your eyes open. - they are starting with projects in Ajman...

The comments above are true. he has been sentenced to prison and passport is being held by police so he cant leave the country.

You need to stop being nice, stop ****ing arguing with each other and do whats best for you, you cannot trust anyone on here, because hes using other names, and alias's and has spies on the forum.

If this project ever gets built it will be a miracle, he will string you along for as long as possible and dump Aspire and move on to Impact Realty or dart out of the country, his lawyer is like his shadow following him around everywhere - and I hope he reads this, hes ruined peoples lives and hes a snake. not just him, the whole management team. - he will be all proffessional to your face and tell you what you want to hear - buts its all BS.
dont believe a word he says..... believe what you want, but this is the truth either accept it, or pretend everything is going to be okay and that they will build it. they cant afford phone bills and electricity because it was cut off when I was there. - and you want them to build a multi-million dollar development, hes taken your money and invested it in personal gains...

DXBQuantam is totally right .
Just said all that I have already said previously many times

This thing will never be built and setting up websites etc is not going to change things unless we act . Only thing that will work is if we go to court. The man is a total con artist .It is obvious .

I WIL NOT BE MAKING ANY MORE PAYMENTS WITHOUT BEING CERTAIN THAT THINGS ARE OK .

Time to stop waiting and act .LEGALLY

Kanataria is a CON ARTIST - judge him by his actions so far ..

just to back my point of view up

Here are two quotes from Kanataria inthe last month

First from his open letter to everyone on this thread onthe 4th November:

17. We are also working out a refund option for all those clients who are not willing to wait and wants to exit with their money.

Second from Gulf news 12 November

The manager told Gulf News the project "is definitely going ahead" and when asked if investors would get refunds if requested, he replied, "Yes, 100 per cent."

Just these quotes alone would win us the court case .It is there in writing .

Let me just repeat the obvious folks .
Can't pay telephone,electricity bills , has no staff but is going to build Jehaan .

No apologists or excuses for Kanataria .Do it on somewhere else but not here .
Fact :he is a CROOK and will continue to be one and keep our money unless we act .

DXB Quantam are you an "investor" in this thing - if so please can you read your pm . I sent you one today

since I wrote last post today have spoken to someone in Dubai who has had contact with Aspire

This is what they were told

There are no refunds available at all - Non negotiable.

If you do not make the next payment you lose all the money you have paid so far .

Naturally Aspire is interprating law 13 as meaning 30% of total amount and not amount paid .Surprise surprise.

Any comments .

Tormore, I have new news for all of you...

I was with the PRO today getting my visa canceled from Aspire.

1. Harry has been arrested again today and is at Bur Dubai police station.

2. The Al Quoz (main office) WILL be closed down, Rocky Real Estate the landlord has filed action against Aspire for a huge cheque bounce (the rent).

all employees have jumped ship, apart from maybe 2-3, the CEO and BDM are closing the office today.. this is what i have heard 20 mins ago.

........

sent you a pm

please read and reply

Tormore, I have new news for all of you...

I was with the PRO today getting my visa canceled from Aspire.

1. Harry has been arrested again today and is at Bur Dubai police station.

2. The Al Quoz (main office) WILL be closed down, Rocky Real Estate the landlord has filed action against Aspire for a huge cheque bounce (the rent).

all employees have jumped ship, apart from maybe 2-3, the CEO and BDM are closing the office today.. this is what i have heard 20 mins ago.

........


Just one thing though which I find puzzelling . Why are they supposedly about to get RERA approval and escrow if this is all going on ?

Surely the police would liase with RERA etc and tell them what is happening.

Incidentally DXB Quantam thank you for backing up my approach and attitude from the beginning to the crook. This is all assuming what you say here is correct.

I will probably be going to going to Dubai at xmas and try to find out more .

Fact the man is a crook and time to stop pretending otherwise .

Any one who might have mistakently said or thought otherwise wake up .

No more chances .

Just how many times can he be arrested and would you trust your money with someone like this ?

A total mess and shambles.

Kantaria has been arrested by the police yet again .

The information we are now getting is solely through the CEO - that is what I was told in Dubai .Yet the CEO unaware that Kanataria was arrested !!Hasn't spoken to him for a couple of days

However even if the CEO thinks he is giving out correct information we should not assume this to be the case .

Cannot take what he says as correct - not saying he would lie but would spin things out so that it is positive .

FACTS:
Cannot pay electricity, internet, staff , landlord for office . Telephone lines cut - now the office itself a symbol of their would be status in danger of being closed .

Surely we must all realise that this thing is not looking good . I do not mind continuing to pay if there is /was some form of guarantee that money would not be lost .But it is not there .

Question : do you want to continue : or do we go en mass to RERA / the law and explain the mess there is and ask for help/ a way out .

I would like the project to succed and to get a flat eventually in Dubai but I refuse to be conned or to have to go through this every other week .

[
[/COLOR]Below is the mail sent to RERA


HARRY KANTARIA AND THE CRIMINAL COMPANY ASPIRE REAL ESTATE

Dear Sirs

I hope you are well.

I am writing to you as I already have done many, many times before about Aspire real estate and their CEO Harry Kantaria .

apparently

1/ He was arrested - yet again - by the Dubai police today ( wednesday )and taken to Dubai Bur Police station.- you can check with the police

2/ The Al Quoz (main office) is to be closed down, Rocky Real Estate the landlord has filed action against Aspire for a huge bounce cheque (the rent).

3/ All the employees bar two or three have left because of unpaid salaries.

4/ Their telephone lines have now been cut off for over six weeks due to unpaid bills- in the recent past their electricity and internet were also cut off for the same reason -

As I have already written to you I initially invested in Aspire in May 2007 - up to now I have had nothing :no contract and building work which was promised to be completed in Janauary 2009 has not even begun .

Recently due to the efffort and anger of investors an article appeared in Gulf News - in this article Kantaria promised the journalist to refund all investors 100% if they so wanted to leave the project : Here is the quote from the article and the link

http://archive.gulfnews.com/articles/08/11/13/10259247.html


The manager told Gulf News the project "is definitely going ahead" and when asked if investors
would get refunds if requested, he replied, "Yes, 100 per cent."


He also sent a seperate open letter to all the investors in which he said

We are also working out a refund option for all those clients who are not willing to wait and wants to exit with their money.

However recently this promise has been broken as we the investors have been told that unless we pay the next installment for our flats we will forfeit all the amount so far invested - beacause for them the investor would lose 30% of the total value of the flat and not 30 % of the total value of the amount invested

This is in direct contradicition of law 13 which appeared in August in Dubai and states that for all contracts signed AFTER August 2008 this is true but for all contracts signed previously it is only 30 % of the amount paid .

Please see the link below and the interpretation by a Dubai lawyer


http://www.gulfnews.com/PropertyWeek.../10262231.html

This is the last paragraph of the article


“The fourth surprise was a statement of the obvious, but one that was necessary to clear up much confusion. The law only applies to purchase agreements entered into on and after the law was issued (which was August 14, 2008). Purchase agreements entered into before such date shall be governed by their terms on such matters.”


However this is really totally irrelevant as Kantarai has already committed in writing - TWICE- to refund all clients a 100 % .

I just wanted to show you the duplicity and deceit of him and his company

How is it possible that a company run by a man who continuously writes bounced cheques, lies to investors, is often arrested by the police and taken to court by angry investors and creditors can continue to exist. Why ?

As I have already indicated the telephone lines in his company have not been working for over a month because the bills have not been paid, the electricity and internet have also been cut off in the past and yet they want us to continue to pay them!!!

SURELY THIS IS BEYOND A JOKE .Why do you allow him, and his compnay to continue to swindle customers and to threaten them with not refunding them when they have already made the promise to do so in writing twice and one of those in a National Dubai Newspaper : Gulf News .


I and many other investors are at a total loss what to do .

If the project is fool proof and there is no possibility of us being swindled by the crook then most of the the investors would like to continue - though there may be some who have understandably had enough and want to obtain refunds.

PLEASE ADVISE AS WHAT WE SHOULD DO OR THINK UNDER THE CIRCUMSTANCES

COULD YOU ALSO CLARIFY THE LAW 13 ISSUE ABOUT THE 30%

THIS IS REALLY VERY URGENT AS WE HAVE ALL HAD ENOUGH OF KANTARIA , HIS LIES AND THIS WHOLE MESS

THIS IS NOT THE IMAGE OF DUBAI I HAVE AND I AM SURE KANTARIA IS JUST A BAD CASE .



REGARDS

I have received update this morning from RERA. i will PM you, anyone who wants to know, PM me, Im not talking anymore to spies openly.

sent you pm

answer please

Who wants to act ?

RERA too busy to be up to date with things with Aspire .Too many other cases ongoing.

The criminals at Aspire - because that is what they are -just want to delay this thing and drag it on as long as possible .They are a bankrupt company who have stolen our money and cheated us - and will continue to do so . Anyone want to make excuses for them now ?

Just to let you all know the criminal Kanataria is - so I have been told- in Prison.What a surprise

Try calling the other CEO on 00971509034532 : will he answer - try it and find out folks

No more chances or excuses .

Time to take them to court - who wants to act - Nomadic,PVTV,Kyriach anyone who has invested in this thing and like me had enough ?


Not once in the time I have had dealings with this company have they ever not let me down or not lied to me .Not once have they given me any accurate or honest information.

Kantaria is in prison . Certain

The other CEO is not answering the telephone have to go through their lawyer.No offices - they have been shut down

Aspire are trying to get money from other projects to continue with Jehaan or rather to read between the lines force customers to continue to pay and not have to refund them.

Any one not believing me needs to contact the following person in Dubai who works in Real Estate and trains RERA employees in Dubai. Deals with them every day .

He has given me permission to give out name, his email and telephone number

email]Dr.john@smithandken.com[/email]


Told me need to get the law onto them as they will try to drag this on and not pay us or try to interpret law 13 so we lose all our money by refusing to continue to pay .

KANATARIA THE CROOK IS IN PRISON

Everything I have already written here today is a 100% true.
Do not be fobbed off by people pretending this is not the case or trying to make you doubt

DON'T BELIEVE THE USUAL APOLOGISTS TRYING TO CAST DOUBT ON KANTARIA AND ASPIRE BEING CROOKS

When are you going to wake up

I HAVE HAD CONFIRMATION FROM TWO SOURCES - BOTH IN DUBAI and both 100% reliable.

All and any information or rather misinformation you have had recently has been through Aspire - they have been drip feeding you stuff through others to make you hang on .

Have I been wrong about any information I have posted here previously.

Do you really think they would not have denied it through their usual sources or apologists if it were not true.

I wonder if the crook's phone or the CEO's are turned off.
you answer that or better still try them.

[B]P.S My two sources in Dubai do not include DXB Quantum. They just confirmed a lot of things as well as giving me extra information . One of my sources was the person who used to give me information and I would post for him under Al Jones . Take it or leave it .RERA will not know everything about Aspire yet because so much is happening so fast with them ( Aspire). But they will in time next week.

Let me put it this way - it is time you stopped believing what Aspire tell us through others, and these others tell you - look at the facts . Contact the RERA contact I have given you here and send him an email - if you call him remember Dubai ahead of GMT

The latest is that the CEO is claiming Kantaria was not in prison !

This has got to be a joke .So he was not in prison or he was in prison and then released .? Semantics

Naturally he ( kanataria) did not answer his portable phone ,reply to text messages or even try to deny the rumours today not because he was otherwise indisposed in prison but because he was busy in a business meeting .

He was arrested and jailed : FACT

Whether he is free now or not irrelevant .

Naturally it is in their interests to tell us the truth . I mean they would wouldn't they ?And of course in case of any doubts we can judge them by their past record can't we .

Are you telling me that anyone out there believes the word of a manager of a company whose CEO is continuously arrested and jailed for bounced cheques, a company who cannot pay their satff, rent, electricity or even internet bills - a company who cannot be contacted as their phone lines have been cut off for the last six weeks .Naturally we can rely on them and what they say.


Anyone believing anything that comes out of Aspire or the crook needs to go and sit down in the corner in an isolated dark room, put a warm soft towel over their heads and urgently seek professional help from people in white coats.

WAKE UP

To finish things have changed . No one can have any illusions about Aspire or the crook .

Whatever happens they will give and do the minimum. They are currently desperately trying to get money from their other projects to keep Jehaan afloat . If they can't they will be declared bankrupt . They don't want this as they do not want to refund.

They are also hoping - here this is a qualified assumption not based on fact- that a lot of people will unlaterally pull out of the project and so try to get out of refunding them - highly risky and debatable on their part .They are also hoping that the high costs of hiring a lawyer in Dubai will dissuade people going through the courts . Very true but not so if in time ( end of January as agreed by most of us already) we brought a mass action together.

Whatever happens things have changed in that you should treat them as criminals . no more chances - be suspicious of anything and everything they say or do . Even if this thing gets built don't be in any conciliatory to them . treat them as they have treated us for the last year and a half .

No more give and take.
That is what I mean by things have changed .
Anyone who does not have receipts for money paid or some form of initial reservation form countersigned by someone should try to sort this out pronto .
Get the agents who sold to you to write you some form of receipt .

You should all email Dr.john@smithandken.com : the RERA contact to check if anything that has been writtten or claimed here today is false.

Finally clarification on the law 13 which he also told me about yet again . It only applies to contracts signed after August this year - where developers can claim 30 % of total value of flat .

Contracts signed previous to this date are governed by clause 18 of the Jehaan sales form to quote those little angels at Harry's company - check your own forms "The reservation form shall be governed by and constructed in accordance with the Laws of the Emirate of Dubai"

If anyone checks this up with a Dubai property lawyer make sure you tell them that your contract was signed well before August 2008 i.e 2007

By the way when it turns out that what I have told you all here is true and that you have been lied to by the crooks will you then stop believing them.

Better still check with the Dubai Police.

Could someone explain me who is R.S.Investments Limited?
They are approved developers and they are listed as the developers of Jehaan.

When I was in Dubai the guy form Aspire I talked, Mr Ajay, to he had no idea... (however this is listed in the RERA website...)

Also the people I talked at RERA did not seem to have a clue.... they had only stated Aspire is under process and they are registering the units on our names....

Hey Ravi could you please ask them who is R.S.Investments Limited?

Making any RERA complaints and going to court now or wait before the end of jan would not produce different results. So why spent money to lawyers now with the possibility of loosing them in case the Jehaan situation is resolved?

I understand how we all feel and that we had enough.
Nevertheless Mr. Kantaria has been in Jail before and yet somehow as seen in RERA's web site he managed and register Jehaan as a project with RERA but again who is R.S.Investments Limited???????

I will post the same post on scyscraper because I bielive everyone should get involved.

Hey tormore,
You know who I am by now and you know that we have a common interest (Jehaan).
But the email of the guy you posted is not a RERA email but from a guy working at Smith & Ken Real estate.... why should we trust him???

My name is Janna. I invested in studio Jehaan3 and paid 35% already. I am living in Dubai. Yesterday morning I was in Land Department and they told me that Aspire has lots of problems. They sent me directly to the Court.

Kyriach and everyone else hereetake my word for it
Everything I said here is 100% true .

Verify it from your contacts in Dubai.

If you believe anything you are told by Aspire or those apologists who say what Aspire tells them to say then you are totally deluded .

If they have been given RERA approval then why was the last poster here talking about being sent to the courts by RERA

Surely they have RERA approval and escrow now in palce so there is no need for that.

I give up trying to help you all .

Could someone explain me who is R.S.Investments Limited?
I will post the same post on scyscraper because I bielive everyone should get involved.

see http://www.emiratescity.org/content/r-holding CAUTION!

The name of person ho I talked in RERA is Saleem. He confirm me that Kantaria is in jail.Jehan project approved by RERA but Aspaier does not have money to build it. He can only advise to open a case in court against Aspaer. It seems to me that RERA does not take any responsibility for what was happened. Many times before I was in RERA trying to find out what is going on with that project and answer was “NSHALLA ,EVERY THING WELL BE OK’’ But now they just sending every body to court.

Confirmed everything I have been saying .

The crook has no money for anything but he wants you to continue to pay - to fund the project .

In between his prison stays , avoiding creditors and court cases he wants to build Jehaan .With no staff, no telephone lines, no permanent full time office and no reputation .

???????????

Everyone realises they are just crooks

What is he on about??????????? Lost the plot

Feel free to post my email address, have nothing to hide

More spin more lies and deceit and more double identities, you really take the piss out of people who are honest investors genuinely concerned about their money, instead you have turned this into a game of yours taking the piss out of people who have a lot to lose and treating it as a joke

You really should be ashamed of yourself, do you not have any humanity

I have not turned this into a game . I have just shown that any defence of the crooks or excuses for them- which you often make for them - is totally wrong.

As usual you take what I say and totally misintepret it for something it is not.
I do not understand why you think you have hurt my feelings which you have certainly have not, you have made me angry because you have made a game out of this. You have done the following which I take offense to.

You have twisted facts to meet some personal agenda of yours.
You twist what people say to suit your views
You are too emotional, angry and vindictive to approach this issue in a sensible way.
You accuse me of making excuses for Aspire which I have never done, I have only reported what they have said to me which you take as my own word. If I happen to believe any of it you take this as an offence.
You have deceived many investors in using more than one identity, whilst as aljones you accused me and others of being part of Aspire even though you admitted above you knew I was not.
Aljones(which is you) posted on this forum which has now been been deleted by the administrator admitted shit stirring on this site for fun making fellow investors argue amongst themselves which means you instigated this.
You admit to mocking investors views - if you disagree you should state this, not mock or insult and accuse them on being on Aspire payroll, not a good way to get your point across.

You can throw every kind of insult or mockery my way you wish, but when people have serious hard earned cash in dubai and you are trying to turn this into a game I take offence with this. Its called decency and respect towards peoples view and what they have at stake, hence why I stooped down a level in comparing debating with to that of a monkey, I went against my own principles because your game on this site made me that much angry.

It is when people do not have common humanity and decency that winds me up, not mockey and insults.

I honestly believe that with all the contacts you have you should pursue Aspire with the vengence and anger you have in your heart, I myself am more passive and want to wait to see how this plays out.
If you honestly believe what you say I do not understand why you are not taking action, if you want others to join you then start a new thread either here or on jehaanaspire website where fellow investors can join your struggle and act now based on what you have found.

You are absolute in your beliefs about Aspire so take action, and it is this I find odd that you continue to post all angry comments but refuse any action right now - what are you waiting for, this gives me a slight doubt that you are an investor or you have another agenda.

I do not want to get into a slanging match with you, nor do not want to keep contesting your views, everything you have posted I have tried to confirm and have posted honest findings, so far I have not found anything to contradict your latest findings but still have not found anything to support them at the moment, so I stand neutral.

Again you have not hurt my feelings so you do not need to apologies to me, I apologies for comparing you to a monkey and take that back as you said above it offended you badly, it was written out of frustration and anger so please don't take it seriously

Again I invite you to join jehaanaspire, we can keep things neutral and as you said many times agree to disagree, don't be emotional in replying to my views just say whether you disagree or not and why, rather than comments like wake up, aspire apologist etc. I will also challenge your views if I believe necessary which you should not take offence as because I do not know your source I cannot trust them 100%. You know I have invested a lot of my own time and money in finding out things when I went to dubai and am not easily convinced unless I see for myself, this is just my approach.

I invite you to start a new thread on jehaanaspire called action against aspire, those people that want to join you can post their comments there, if I believe Aspire is a lost cause then I will also join you.

We all have a part to play in this so lets work together

Have heard that the other CEO Mr Amitabh Dhawan is leaving the Company and does not want his name mentioned in connection with Aspire.

Has already left

Seems to be in hurry to get out and have nothing to do with them .

Sounds very fishy but predictable
Apparently the crook is out and no longer in prison but everything is catching up with him.

I will post this on the other site as well as we are after all on the same side though with different perspectives and approaches .

It is all a big mess

Tormore

Before you get too excited, I do not have permissions to enable or disable accounts, TKLondon does this and I think he is out of town for now, when you last posted that you will not post on jehaan tklondon probably disabled your account to keep things tidy. I will give him a call and ask him to reactivate

Ravy

ok thanks .

Bt it does go against what he wrote in an earlier mail here about non censorship.

Not important any way i'll just stick to this website .

Anyone spoken to the CEO or rather Ex CEO today?

No it does not, because all your posts are still present on the website, if he had deleted or modified them, then you have a point, but if you stated you were leaving whats the point of keeping your account active. It is also possible that the account may deactivate itself if not used for a long time, I do not know how he set it up initially and will let you know when he gets back to me or yourself

Tormore you account is active again

Its seems that after the last time you left the new forum/website www.jehaanaspire.com, the website was attacked with spam, as a result rogue users were cleared up and accounts deactivated that were not used to prevent this.

Anyhow you now have your access enabled so can post if you like or not

Ok thanks

Anyone succeeded in talking to anyone from Aspire recently :

My source is usually very reliable. I was told that CEO had left and did not want to have anything to do with Aspire .

Asked all questions to be referred to Kantaria who he said would answer calls .

Again I repeat this is what I was told by a source in Dubai .also that

Apparently things unfolding quite fast though - the facade , and lies about to crumble

If it does it would be a good thing, as all would be in the open and there would no longer be a need to pretend.The sooner all is clear the sooner things can be sorted out

This is a reply from Suzanne I got yesterday. I wrote to her before I had gone to Dubai. I had told her I wanted a refund (still do) and that Aspire would NOT give me one (Although Mr. Kantaria had stated in her column she would give us 100%).


Hi there

Sorry it has taken so long to reply but have been away. I am trying to get hold of someone, anyone in Aspire to comment but is proving difficult. I am writing a follow-up story so will be in touch.

Many thanks

Suzanne Fenton (Gulf news)

Hey people January is near...

If Aspire does NOT sort out what they are supposed to by end of Jan I am going legal.

Moreover I will press them real hard in all possible ways... newspapers magazines in Dubai and especially Britain.

Those that are with me should join me.

Already 2 investors joined forces.

The more we are the stronger the case.

Email me.

I am totally with you Kyriach - with the law etc and papers

Incidentally I had already been in touch with Suzanne last week and the story should have gone in yesterday. I was not sitting around doing nothing while the crook conned his way through all of this - it was going to be a surprise - but it is all out now .

My crystal ball says as soon as he finds about the article - which has already happened as she has tried to call him - he will make some form of statement to us .

His strategy if you you have not noticed is to give us something to keep us hanging on every now and then

here is her reply to me yesterday .

Hi there

The story is definitely going in tomorrow’s paper as the lead, as I understand it. Just one thing: can you please send me the case numbers again so I can verify with police, as I can’t write anything about prison etc without verifying it first.

Many thanks


Suzanne

Tormore,

I have tried to get evidence for the prison term e.t.c, i know he was only in for maybe a day or half a day - before super lawyer came and bailed him out again for the 5th time.

I am at work, so I cant get the time off to visit the police station e.t.c, and i doubt they would give out any case numbers / information.

sorry i cant be of more help with regards to this.

DXB sent you a pm

urgent

please read and reply

P.S

Dear Mr crook

As you can see we have all had enough of your lies and deceit. There is no way you are going to continue to cheat us .Nobody trusts anything you say .Time to keep your promises .

Update has been posted on www.jehaanaspire.com

That is very strange because yesterday the CEO himself said he was leaving the company .

He did not tell me but someone in Dubai whose word cannot be doubted .

How things change at the mention of Gulf News

I would not believe anything he says or comes out of Aspire .Anyone who does - first look at their past record and judge them by that .

Amazing how the prospect of Gulf News article percipitates things .

Just as I predicted the prospect of bad publicity in Gulf News will bring about lots of activity on the part of Aspire .

I would not be surprised to see an " official" Aspire statement of some kind released very soon - which will have been thoroughly checked and vetted by Mr Lawyer .

It will say nothing and just try to gain more time .

The CEO is not to be trusted - yesterday he said he was leaving the company and all enquiries should be directed to Kantaria and today he says he is not

What has happened since then ?

They have heard about Gulf news article .

Kantaria and CEO have now met Gulf news .

Wonder why ?

No doubt to stop bad publicity and try to show all is ok .

what a surprise - let us see the fudge which will be claimed and published now;

And lest we forget the best bit :

Get ready for the "officail Aspire statement " folks

sent you a pm
urgent

I have just checked my PM after about a week and it appears I have missed a long and detailed message from Tormore.

I have not secrets so I will reply here.

When we discussed creating a new site , many people agreed.
Well I did it.
Now I have, you accuse me of many things.
I created the site and you used it.
I therefore did what others did not.

If you and others do not trust the site, then that is strange, as the site is just a software application.
The content comes from you.
So if it is not trusted, then it is your and others content that is not trusted.

If you want to behave as you do, then that is up to you. I for one, will decide to work in a different way and am not surprised that the stick only works a few times.

As for TELLING me not to reply.
that is rich.
Have I ever said the same to you ?

To answer your suspician about why you could not post on www.Jehaanaspire.com, it is becuase YOU said you would not post again and therefore I returned your account to visitor status.
At the same time I deleted about 10 "rogue" users all using the same computer to register.
This is not the first time we have seen this activity is it ?

You have not been censored and to reactivate your account, you could simply just click on the link you got the first time, or send me a mail.

I guess, when you see the the night, you will think I hid the sun from you.

You have accused me of many things.
Despite all of your actions, you have always been welcomed to comment ,add value and join forces.

The site I created is open for all and I will do my best to make sure that it is used properly.
But I am not anyones mother.
I have invested my own considerable time and quite a bit of money in it, I have a full time job and family.
So while picking on me, I will assume that you also appreciate that I have made an effort and given all of you a space to air your views.

At the same time I deleted about 10 "rogue" users all using the same computer to register.
This is not the first time we have seen this activity is it ?

I presume you are referring to me here .Very wrong Surely you can check who is registering where

but feel free to make use of my time and effort.

Lets not forget, I first contacted you and shared information.
I then defended your alter ego.
You accused me of working for Aspire.
And still always you are welcomed.

As for directing others to the word MONKEY.
what they will find is between you and Ravi.
You tried to drag me in.
I did not want to get involved.
You said I am the admin, but that just means that I built the site.

If I build a stage and you perform on it, then don't blame the builder for your acting.

If you also look back, you will see, when you provide information, then you get informative and grateful replies.
When you get into talking about members , then you get a different response.

As for your love of quotes,
Have you ever changed your mind ?
Have you ever changed the tone of a post or removed important text?

With me, you will see only spelling corrections (if i spot them), but then I leave it all out there for all to see.

The fact that you can criticise me, shows that my time and effort is working and I am not interested in censoring anyone.
I am also not intersted in being told what I should or should not do.

I request, that you put aside your comments about me in public and in private as it is not easy to find time almost every day to keep rogue users and spam attacks of our site , only to then be criticised for not doing more.

I am in Dubai over xmas
Have already arranged to meet Harry Kantaria . Tried to get hold of CEO called and sent him text message.no reply yet.

Everything closed till 29th here.

Will also try to see RERA time permitting and visit Aspire offices.
Am meeting Aspire people here with an open mind .

Let us see what happens.

Send me pm if you want me to ask any questions

Jehaan on track despite cash woes

http://www.gulfnews.com/business/Real_Estate_Property/10270062.html

can somebody find out for me from Harshit how much amount in percentage of the total land value is already been paid by the aspire for the jehaan land and how much is still left unpaid and after paying how much percentage they will get the possession of the land

I finally met Kantaria and CEO today. I will describe what happened and then give my comments

1/ Met at old offices near to Emirates Mall. Office not being used as far as can tell

2/ Was told that the telephone in process of being reconnected in the next few days - maybe even tomorrow- said a staff of around ten working for him now

3/ Told me or rather I understood that he is an avid reader of Skyscrapercity and of-course this site - told me he particulary appreciates my positive comments and input in debate

4/ Said Project will go ahead -certain

5/ 50% of land has now been paid - can check with RERA and are about to make another payment in the very near future

6/ CEO says is very much part of company and may have been "misunderstood" by others on question of his leaving.

6/ 15 % proposal for next payment only a proposal to speed up construction and completion of project and not a specific requirement . Can and will link payment to construction progress- no problem. Also the more payments made and if so linked to construction then would imply that progress being made.For him sooner Jehaan completed the better and less costly it would be

7/ Will be sending out an information and general update in January . Trying to also find out what people want to do . Those wanting to opt out can do so and Aspire will do their best to sell their properties and provide them with refund - this may take time but wanted to reassure me that it would be done .
Depending on % wanting to opt out or not will get better idea of cash flow - said that it was a situation in which he did not want to pressurize investors and wanted to work together to complete the thing

8/ Discussed the law 13 law and gave him photocopy of Gulf news article

9/ On question of change in flat size - was told that the price of the building will not change but some may be paying less if flat smaller while others may pay a little more if flat bigger. According to RERA he still has to charge the same amount for the whole building split between size of flats.Does that make sense ?- all calculated at original sq ft prices, if paying less or more due to size modification

10/ Everything is being ratified by RERA and poeple can check with them if in doubt

11/ Buyers in Dubai willing to wait and most are single buyers and not multiple unit buyers. Therefore no continuous reselling if was the case

12/ One whole building which has been bought by an individual has been bought for his workers so will be needing it himself and not selling it on

13/ Said all buildings would be completed - no question of just doing some and not others

14/ Have RERA approval and escrow in place - contracts should also be forthcoming soon

15/ Recorded the whole thing - CEO became aware of this a little into the meeting but Kantaria did not seem to mind or rather said he expected me to do so .

I think I have covered most things here - no doubt will remember other things which will add tomorrow .
Am seeing him again on Tuesday and then RERA hopefully on Wednesday

Did not ask him about prison or bounced cheques - what is the point .

Told him had no animosity to him or his company and hoped that all would work out .

Am going to think things out and then make a decision .

Let me know if I have missed anything or want any more specific information.

Think he is genuinely afraid and wants to complete the project as not to do so would destroy his reputation and possibly lead to serious legal complications

Said things quiet at moment in Dubai like everywhere else but thinks that it will pick up .

Now you all have to decide if he will complete or not . Only you can decide .

P.S I forgot- said he has had a lot of different companies currently quoting him prices for work .Developers are spoilt as a lot of construction companies are not currently working and so desperate for work - therefore there would be no problem in finding one to start quickly once all in place - his words

was told that Pramila has left .Rajaa still there

Can you verify with RERA if 50% of the land value is realy paid and when it was paid. Also try to find out how much ASPIRE has collected from the buyers (if possible). I booked an 1BR appartment year and half ago and since then have not seen any progress despite have been told again and again that all the formalities will be completed. This is why I do not trust any verbal statement made by Aspire staff or the CEO. The question is even if the 50% is paid, the land still does not belongs to them.

I was told that 50% has been paid and that clients have all paid their 25% if not more in some cases.

Sorry Zahid I did not read your post properly first time round .
I was told the above by Kantaria.

Unfortunately I will not have time to see RERA and verify this as I am leaving on the 1st January .

Hi Tormore/all,

i have been following this forum for few months now. Have a few units in jehaan and met ceo amitabh in dubai in november to corraborate all the info.

I hope the escrow opens next month and things progress. i have engaged a lawyer in the meanwhile who has suggested that a joint civil suit along with other investors will be the best legal option. In case we are further frustrated, i would need all of your help to take this gentleman to court and demand our money back.

All the best!

Rera sets payment rule

Wednesday, December 31, 2008

Starting from January 1, 2009, developers and banks have been ordered to stop taking payments more than 20 per cent of the cost of properties from buyers or investors until construction begins, a Real Estate Regulatory Agency (Rera) official has revealed.

"We have sent out letters to 100 developers – as well as having meetings with them and lending banks and institutions – telling them to take payments from buyers worth only up to 20 per cent of the contract value," Essa Saeed Ahmed Al Mansoori, Head of the Trust Accounts Section at Rera's Real Estate Development Trust Account Department, told Emirates Business.

"With properties that are already being built, developers who have collected more than 20 per cent of the contract value from buyers will immediately have to stop asking for further payments until they correlate the escrow amounts already collected to construction progress."

Rera has set up an 11-member Real Estate Development Trust Account Department that will supervise and monitor the construction process and ensure the escrow amounts are collected in accordance with the agreed schedule.

"We have all the figures in our database and are asking developers to stop collecting money from buyers," said Al Mansoori.

Rera Chief Executive Marwan bin Ghalita said developers could protect their rights by referring disputes to the Property Court where contractual agreements would be enforced. "The message we want to send out to the developers and lending banks is to consider the situation of the investor before they take action," he said. "In this time of crisis, everyone should work together and everybody's rights will be protected."

Meanwhile, Rera has announced that a revision of Law No 8 is being considered by Dubai Land Department.

"For new sales and purchase agreements the booking amount has been set at a fixed amount rather than the previous rate of five to 10 per cent of the contract value," said Al Mansoori . "In January, Rera will set up a technical audit team. The new system will enable stricter auditing of the escrow account, the developer and the trustee."

He added that Rera was introducing regulatory procedures covering Law No 13, which established the Interim Real Estate Register.

A land department spokesman said 100,000 units had already been registered.

http://business24-7.ae/articles/2008...362e9d90d.aspx

Hi,

I've been following this thread for a few weeks now and thank you to all those who have set this up. I bought a couple of apartments in Muhra in JVS and my friend bought 2 apartments in Jeehan (he doesn't have access to the internet, so I'm acting as his spokesperson on this site).

He bought these units nearly 18 months ago and has received no contract from them and no communication from them for 8 months now, he has tried tirelessly to contact them but no joy. Unfortunately for him he paid 100% for these 2 apartments at the beginning as this gave him a good discount, but since then nothing!!

If there is going to be any legal proceedings we would like to be a part of that.

I look forward to hearing more on this subject. We are planning to go to Dubai in the new year and will try and meet with Aspire.

Hi All

Please be aware of the new website to replace this one www.jehaanaspire.com
Please register yourselves

Here we have discussed all of the above options and the latest updates are posted. The current consensus is to give Aspire till the end of January, otherwise we will take legal actions.
Currently we have about 30 registered jehaan investors

How can I register my self on www.jehaanaspire.com?. I figured it out. The image is realy difficult to read.

i have tried to register on the forum but can't how does one do it

Hi All

Please be aware of the new website to replace this one www.jehaanaspire.com
Please register yourselves

Here we have discussed all of the above options and the latest updates are posted. The current consensus is to give Aspire till the end of January, otherwise we will take legal actions.
Currently we have about 30 registered jehaan investors

would like to register

^^http://www.jehaanaspire.com/forum/register.php

http://www.gulfnews.com/business/Real_Estate_Property/10280558.html

http://www.ameinfo.com/183020.html

So now does anyone know who is the new buyer for the Jehaan Project ?

Regards .

Where do I sign for legal action against Aspire?

Hello all...I am baaaaaack!!!!!

(Looks around)...hey...where is everybody?

(crickets sound...)

haha everyone has gone, what a joke, if I ever see Harry or his b**** of a wife again I will run them down on the street and throw stones as well..

Crickets:lol:

Did anyone get there money back, or is this guy still taking the piss?

still taking the piss big time, hes in prison at the moment, only his wife sorting things out, absolute joke... he cant run away though because police have his passport so he has to face it hahahaha, i would love to bump into him on the street...

I didn't buy anything but they still owe me money and I met with the wife she said all I can give you is this range rover, but it had 190,000 AED finance left on it, and to make my money back I would have to of sold it for round 250,000 AED which i doubt could be achieved at the moment.

burn in hell Kantarias. Karma at its best...

still taking the piss big time, hes in prison at the moment, only his wife sorting things out, absolute joke... he cant run away though because police have his passport so he has to face it hahahaha, i would love to bump into him on the street...

I didn't buy anything but they still owe me money and I met with the wife she said all I can give you is this range rover, but it had 190,000 AED finance left on it, and to make my money back I would have to of sold it for round 250,000 AED which i doubt could be achieved at the moment.

burn in hell Kantarias. Karma at its best...

So let me get this right.

The wife of a businessmen, who probably left education at the age of eight is now running the companies affairs?

And everyone on the other Jehaan site believes in the god Ravi?

:lol::lol::lol::lol::lol::lol::lol::lol:

so this is tower ever going to be built, from page 1 till now its all problem problems problems and no solutions, what is going on with this tower, is it ever going to be built

Yep OTR...

construction may resume after the recession...alot of projects are on hold.

hahahha this project is not resuming even if Dubai were to magically boom again.

Its finished. HALAS HABIBI

hahahha this project is not resuming even if Dubai were to magically boom again.

Its finished. HALAS HABIBI

according to the other site this is back on.

Or is it?

no way. just more lies im sure.

2JEHAAN by Aspire - Jumeirah Village Circle
Posted: 7 hours ago Al M.says:
Leave a replymark as spam This project started 2 years ago by a .. what they're now called as "Frauds".

The couple that started this, layed out a nice plan in the beginning, excellent prices, great floorplans.

After the recession hit, 1.5 years later, they had yet not received permission to build, but had collected over AED 50 Million from investors. Half of them that did not receive contracts.

Their offices shutdown earlier this year, we met with the owner's wife Radhika, whose husband by the way is in Jail for handing out bounced checks worth AED 13 million, I think.

We had a meeting with the wife, Radhika, at Times Square Mall, a few months back where about 20-25 investors showed up. It was held at the cafe opposite the Ice Restaurant. Anyways, the documents presented by her, fraudulent of course, the property papers from Nakheel looked like they were typed up in Word with no nakheel stamp, nothing. Just a typed up paper and she said it was the legal paper.

I filled a case with RERA, Complaint number: RERA/08/2009/4472.

Of course because RERA doesn't protect the investors but is a suck up to the developers/property builders, we're all screwed.

The wife, Radhika, is now asking for another 1.5% and lied saying that this will get us the contract which we hadn't received. Usually, this money would go to RERA and the contract would then be given to us. However, we found out that the 1.5% does not go to RERA but it goes to her personal account of a new company she created, Noor something.

When we spoke to RERA about this, they said, no such information was received from Radhika. After knowing that, and after knowing that the Builder is lying, RERA will sit on their ass doing nothing.

Hurray for RERA and the Property Builders! Screw the Investors!

Nice message being sent here isn't it?

We have no guarantee that even if we get the contract and want to cancel it, that the wife will ever give us the money back. People's hard earned that she and her husband have taken, for this I pray they what they deserve and that her husbands rots in jail for life.

http://dubai.dubizzle.com/discuss/property-discussions/5219/

I think you will find that the amount is far higher than the 13 million you quoted .I think one bounced cheque alone is over that amount .

I have no involvement in this project but ran into the company when in Dubai through Elements project - went to their offices to sign papers and hand over money but backed out at the last minute as it was obvious that the whole thing was not right .One of my friends paid up and is now stuck in legal limbo with no obvious means of getting his money back.

I cannot believe that anyone would continue to have any confidence in them . People should be careful of handing over more money in the belief that their money would be lost otherwise or their "flats" taken off them - that is the official Aspire line I think .
I would still check with RERA - useless as they are they still have official status.

The man is in prison for millions of Dirhams of bounced cheques and the project is now run by his wife apparently.

I tired to post this on the Jehaan investors site but could not register .

toby i have read the exact same thing u wrote somewhere else as well, why do u have multiple accounts

Well Well Well........on one hand I celebrate the this so-called economic crisis has a blessing activating and renewing our consciousness.... wow! the world was only heading for greed.......on the other hand, my husband and I have misplaced millions and we are a couple that is on our Lifes Purpose in-service to the Universe.......so what gives

Mr. Harshit Kantaria of a company Aspire is in jail to my knowledge and, has caused quite a domino theory with his energy. My Husband, and I invested in a commercial tower in "Ajman" called "Midas Executive" invested over 3 million dirhams with a developer called MHoldings run by a guy named Yousef Mundia.......global developer seemed honest enough we did the research made the decision to proceed. MHolding informed us in early Feb that Midas Executive was on hold but they where quite sure they good transfer the property to a residential tower by the Dubai airport ok sounded good everybody was scrabbling at the time and quite frankly we where more concerned with our investments with Nakheel.
Well, my husband called Mholdings about a month later and guess what they are no longer anywhere to be found.:bash:
We have filed complaint with Rera Dubai then they tell us to file with Ajman and you know the story from there..... Dubai sends us to Ajman and Ajman sends us to Dubai. "What to do" someone please please some sort of acknowledgment
Mholdings employed Aspire to do all the marketing mmmmmm....what a mess......If anybody can lead us to Mr, Yousef Mundia, owner of MHoldings or Mehar Amer Kantaria and I hope is not in jail and is safe! Yousef, if your reading this we would be happy to have some of our money back, and are willing to be holistic about it.
If anybody can advise us or help us find these people I forever wish you Love, Light and Peace.

Dear all al friend

I want share my experience with you I had apartment in sunset by AL ZAHRA and other Jehhan by ASPIRE and paid 25% recently for jehhan, meet company in Dubai and they doing EXCHANGE problem project in Ajman or Dubai with under construction project in Dubai marina or sport city so I called and meet them they agree to EXCHANGE my unit and change with project in Dubai marina as per my request .
so I forget small part of the money I paid to ASPIRE and get cready note for the new project and spend and Got 2 bed apartment very good price in marina with very very easy payment plan .
And I think I made good design . And officially finish myself with drama of ASPIRE and Good bye with SKYSCRAPERCITY
And maybe suggest to you guys to do same thing loss little bit money but get better location and sleep well.

For your information I put the guy name from that Property Exchange company in case you need it.
Sherzod Isamidinov
Tel: 04-2246603
Fax: 04-2246605
Mobile: 050-5988594
Email: sherzod@almasahint.com
website: www.almasahint.com

GOOD BYE TO ALL

Dear all al friend

I want share my experience with you I had apartment in sunset by AL ZAHRA and other Jehhan by ASPIRE and paid 25% recently for jehhan, meet company in Dubai and they doing EXCHANGE problem project in Ajman or Dubai with under construction project in Dubai marina or sport city so I called and meet them they agree to EXCHANGE my unit and change with project in Dubai marina as per my request .
so I forget small part of the money I paid to ASPIRE and get cready note for the new project and spend and Got 2 bed apartment very good price in marina with very very easy payment plan .
And I think I made good design . And officially finish myself with drama of ASPIRE and Good bye with SKYSCRAPERCITY
And maybe suggest to you guys to do same thing loss little bit money but get better location and sleep well.

For your information I put the guy name from that Property Exchange company in case you need it.
Sherzod Isamidinov
Tel: 04-2246603
Fax: 04-2246605
Mobile: 050-5988594
Email: sherzod@almasahint.com
website: www.almasahint.com

GOOD BYE TO ALL

I don't believe a word of this. Who would take over a unit from a fake company with a director in jail. Come on??? :bash:
You are doing advertising!

Yousef Mundia in the Jail.

Radhika Kantaria

in Jail, when i find her ! - what a b****

her husband serving 6 years in prison, i will wait for him when he gets out.

Radhika Kantaria

in Jail, when i find her ! - what a b****

her husband serving 6 years in prison, i will wait for him when he gets out.

you and 100 other people, take ur place in the line

LOL, we can do it together...

LOL, we can do it together...

Is there any incentive for Harry and his wife to complete this project when he is in a long prison time?

Dont think so, they are just dragging it on.... until people get bored...

I just found out the this Harshit Kantaria or rather HARDSHIT Kantaria was partners in another company called Khuyool developing projects such as Abjar and Stallion tower, This company is about to go under too, why does rera still have its head in its arse?

Any update?

harshit is in jail there is not going to be any real updates for years

According to here this is all up and atom again

http://www.jehaanaspire.com/forum/

Still stringing people along!

I has heard from freind that Mrs Harry Kanataria now claiming divorce or seperated from Mr Harry to avoid paying cheques .post dated .

Not believing me check
My friend cheques from Mr Harry last year post dated to cancel court case for cheque boucing.Last year Mrs Harry said my friend accept new cheques and cancel case and we pay you money next year . Also pay small part last year - 25000

My friend cancel court case take 25000 and now say Mrs Harry other cheques total abaut 95000 not possible .

Spereted . How possible
New court case and new problem.
My friend see lawyer .

Shame shame.

No trust

And where is RERA in all this? What is RERA doing to prevent fraud and cheaters?
If RERA did it's work then maybe Dubai property market would not have gone down to much.

I can confirm that what was posted here by Dubai baby is true.
I know the investor involved

Here is a copy of a post which I put on the Jehaan aspire website

http://www.jehaanaspire.com/forum/misc.php?do=bbcode :

Mrs Kantaria - a warning for everyone

I am no longer invested in this project and got out last year so I have nothing to say concerning the project - future or past .
Hope it works out for you all and the Kantarias .

However here is something which may be of interest to you all and which I find quite shocking .

Last year when I was getting out of this project a fellow investor was given a cheque by Kanataria which subsequently bounced .This investor was given assurances- in front of me - that the cheque would not bounce as the money was desperately needed .

A court case was started and a complaint made to the police .
The investor was then approached by Mrs Kanataria who offered to pay a sum in cash and then write three more post dated cheques if case stopped .

The case was stopped .

The first of those cheques is due to be cashed at the end of April . The investor contacted Mrs Kanataria last week to find out if all ok with the cheque .

Mrs Kantaria replied that she was now separated from Harry Kantaria and it was no longer her problem - the cheques .
i.e they would bounce and this her way of getting out of it by making feeble excuse .

I am sorry but what kind of action is that .

A new case will be started and I will do my utmost to help this investor who - in front of me - was promised that the INITIAL cheques from last year would be honoured .

Mrs Kantaria if you are reading this you should be ashamed of yourself . I will use the only tool which will work with you and that is publicity of the facts .
As I think you do know me a little I assure you that you will get lots of publicity .
No lies just the plain facts .

I am getting involved as I feel partially responsible as I told the investor to accept the offer .

You really cannot get away with things like this .

So be ready for some media coverage in Europe
Why not have a bit of decency and do the honourable thing and pay these cheques .Not large sums of money at all – around 100k AED .


Are you not ashamed .

http://www.jehaanaspire.com/forum/misc.php?do=bbcode.
The above site was nothing but waste of time....

Its not built yet?

Its not built yet?.

just recently it has been confirm that the project is cancelled.(just via some people)
kantaria was and i think still in jail,no office,no sign of any of them!
no one has any accurate info on the project!!

All we know millions down the drain,or some hidden accounts.

Kantaria was out of prison a couple of months ago, he is back in India and setting up a property business over there..

That forum is useless, just arguments..

Kantaria was out of prison a couple of months ago, he is back in India and setting up a property business over there..

That forum is useless, just arguments...
No way!!!!he is In India

In India!!!

In India!!!.

is that yes he is or he is not?in India

i heard he is in Dubai jail?

what to do

He was released from jail a couple of months ago, hes back in India and starting a company over there selling property..

I cant believe that Jehaan forum did not know?

I did take trip to Rera, the project is cancelled for sure.To the people how would like to contact RERA email hamed@dubailand.gov.ae.
the project name.
your name
contact number,so he can contact people when there is any update!?(like if....).
On the other hand i heard that THE KANTARIA are back to india and they are seeting their onwn bussiness !!!!!