#UNDER C: SEASONS COMMUNITY, 5F, Res

[harry_dewaan]

Originally Posted by Colorful

Dear All,
I have amount 231,000 - 30% I paid to my unit in Spring Cluster, which is as everybody knows will never be built. As it will not be refund by developer I can sell this amount to unit owner from the Cluster with good progress of construction with good discount as I am leaving the country and not wish to go to the court. It is confirmed from the developer side.
Please let me know, Thanks.

Dear Colourful,
U mean to say that u hv got the confirmation from developer "IN WRITING" that the SPRINGS CLUSTER project has been SHELVED PERMANENTLY???

pls let me know, as i've also booked an apartment in springs.

thanks in advance
regds
HARRY

[mmughal77]

Ishraqah has money to build their own head office near greens? next Emaar Business park, Al Sharaf is there already and building..

[maza]

Originally Posted by mmughal77

Ishraqah has money to build their own head office near greens? next Emaar Business park, Al Sharaf is there already and building..

They are cash rich..they have began to build their signature project; The Onyx at a cost of over AED 1 Billion

[Aliscott123]

I have just had a very encouraging meeting with Dubai Islamic Bank's lawyer and my lawyer. DIB are coming up with a proposal hopefully by mid-October. I also have a very good lawyer who is happy to advise anyone who has purchased in Seasons. If you would like details, please private message me.

[DXB1980]

They are unwilling to consider any compensation, I have paid 70% of my unit in the Spring Cluster and the project has been (indefinitely?) shelved. What can be done and most importantly what are other unit owners doing?

[harry_dewaan]

Originally Posted by DXB1980

They are unwilling to consider any compensation, I have paid 70% of my unit in the Spring Cluster and the project has been (indefinitely?) shelved. What can be done and most importantly what are other unit owners doing?

Hi, me also sailing in the same boat as u. Invested in Springs cluster, paid 50% but no signs of the project coming up. They called me up to swap in Summer Cluster, which I've refused outrightly. I asked for a refund, to which, they had the nerve to tell me that they wud deduct 10% of the deposit amt & repay the balance, which is unacceptable to me, as they have FAILED IN ALL RESPECTS as far as "SPRINGS CLUSTER" is concerned. Hence, they have NO RIGHTS WHATSOEVER to deduct 10%, as they have "FAILED TO PERFORM THEIR PART of CONTRACT OBLIGATIONS" & not me.

Waiting for RERA to come-up with some clarity on such "NON-STARTERS & FAILED PROJECTS", so that I can take a firm stand.

[titemeuf]

Hi,
We have a unit in Summer and a mortagage with DIB, and about to request the cancellation to DIB.
Anyone else who went throught this ?
Thanx

[Lukasmaximus]

How much deposit have you paid (50% = HOW MUCH?)? Also, who did you speak to at Ishraqah regarding the refund pls? Thank you!

Originally Posted by harry_dewaan

Hi, me also sailing in the same boat as u. Invested in Springs cluster, paid 50% but no signs of the project coming up. They called me up to swap in Summer Cluster, which I've refused outrightly. I asked for a refund, to which, they had the nerve to tell me that they wud deduct 10% of the deposit amt & repay the balance, which is unacceptable to me, as they have FAILED IN ALL RESPECTS as far as "SPRINGS CLUSTER" is concerned. Hence, they have NO RIGHTS WHATSOEVER to deduct 10%, as they have "FAILED TO PERFORM THEIR PART of CONTRACT OBLIGATIONS" & not me.

Waiting for RERA to come-up with some clarity on such "NON-STARTERS & FAILED PROJECTS", so that I can take a firm stand.

[hijer]

Dear All,
I have a unit in SUR; also delayed from Sep 2009, to Jun 2011.
i went through similar experience as you had.. no refund, no meaningful compensation, etc.
I approached DIB and currently setting up a legal case through their lawyers..

Ishraqah claimed, as yo all know, the delay was due to “delay in handover of the plots by Master Developer, requirements of green building regulation by JAFZA, site conditions and delay of infrastructure works.” which constitute a "force majeure" that allows them to extend the completion day... of course, they didn't provide any proof of what they claimed.

The "force Majeure" that Ishraqah claimed is bougus. (at least what I and DIB believe)..
so it will come down to two things:
1- whether Ishraqah can prove what they claim.
2- if they did, then whether that constitue a force majeure

just interested to see if anyone else has gone through that route and what's the latest of your invetigation?

[hijer]

thanks for the reply.
there is a clause in the contract clearly states that by all means and under any conditions if the dealy is past 2 years from the original date, then the buyer has a right to cancel and get a full refund.

I am hoping that they won't deliver before Sep 2011... which looks very hard to achieve considering the infrasturcture/site condition/etc.

[maza]

Updates for Autumn and Summer:

http://www.ishraqah.com/index.php?op...135&Itemid=155

[DUBAI INVESTOR]

60 Living Legend investors plan march to Tanmiyat office


http://www.emirates247.com/property/...03-23-1.371971

[Kerry Rodgers]

Hi there is anyone selling a seasons credit note? please let me know kerryleannerodgers@hotmail.com thanks

Also has anyone had any confirmation on compensation/refunds etc? thanks

[Wac]

http://gulfnews.com/news/gulf/uae/ho...-visa-1.829266

[signm]

any one selling seasons credit note email @
khurrammajeed20@hotmail.com

[Zaaraa]

Hi, Is there anyone willing to sell their 2Bedroom apt in Autumn???

Pls email

shamamurad@yahoo.com

[Zaaraa]

Hi , I wanted to go for site visit, but I am told by ishraqah that only 1st and 3rd Monday I can go. As I have my weekly off on Saturday I wud like to on 1st Oct as it is Saturday. Pls let me know if any one has been there to see the sample apartment on other days.
thanks.

[NadSid]

Hi everyone,

Ishraqah are asking for more money now as the skeleton and facade have been completed. Have they advised a handover date and a compensation package?

Is anyone going through lawyers to seek a refund at the moment?

[Jonathan Horne]

Hi all,

I am interested in a one bedroom in Summer Cluster, anybody wishing to sell and at what rate? Please advise of view. horne_jonathan@hotmail.co.uk

Thanks

[Max12]

Hi we have taken ishraqah to arbitration court ,currently we are waiting for the arbitrator to be appointed,it is a bit of a lengthy procedure but i think its worth it.