#ON HOLD: WIND TOWERS, 37F Res + 37F Res, 138.5m + 136.5m, Plots B1,B3

[anacreon]

Does anyone have any further news on this one?

[Bad]

Originally Posted by anacreon

Does anyone have any further news on this one?

lets see how it goes now

[bongo2202]

What is that meant to mean Bad

[PrincessTower]

Dubai revives three more on-the-shelf real estate projects
Two in Jumeirah Lakes Towers and one in Business Bay

“We have approved two projects – Wind Tower I and II — under Tanmia,” Sultan Butti bin Mijrin, Director-General, DLD, told Emirates 24|7.


http://www.emirates247.com/news/emir...11-01-1.481113

[Berliner01]

Great news. Seems like they want to finish JLT (maybe except cluster z).

[noir-dresses]

This is the best, and most positive news this project has heard in years. At least now we know its really going to be done.

How long will it take to start seeing work in progress ?

[abf]

Any details as to who has taken over the project or the approval under Tanmia is Wind developers re starting the project

[bongo2202]

Is anybody located close to Wind Towers please and could keep an eye out for any activity as there are rumours of engineeers due to be on site to check the structure etc from the new developers side.

Many thanks

[Quills]

I called up the Wind developer's Middle East Headquarters the other day and they told me the new investor's name.
I think he said the new investor's name was Ahmed khouri but the line was not that good.

[abf]

Originally Posted by Quills

I called up the Wind developer's Middle East Headquarters the other day and they told me the new investor's name.
I think he said the new investor's name was Ahmed khouri but the line was not that good.

Thanks.
Passed by Wind Towers last wed - there was no activity

[abf]

No activity until last wednesday

[bongo2202]

Thanks ABF, any sightingts at all from my last request, cheers

[Face81]

Both towers have been restarted under Tanmia initiative
By Parag Deulgaonkar

Published Tuesday, December 04, 2012

HABN Real Estate Development, a Dubai based developer, has acquired Wind Tower I and Wind Tower II in Jumeirah Lakes Towers under Tanmia, Dubai Land Department (DLD) said on Tuesday.


The Tanmia initiative, launched in September 2011, aims at attracting “serious” investors to Dubai’s real estate market and developing on hold or new profitable projects according to the standards and enforcement mechanisms developed by the Real Estate Investment Management and Promotion Centre, the investment arm of DLD.

The total cost of the two projects is Dh400 million, the department said. It previously has stated that over 100 projects are being audited under Tanmia and 12 companies have registered under investor category.

Emirates 24l7 reported in early November that DLD had finalised the deal for the stalled Wind Tower projects.

“We have approved two projects – Wind Tower I and II — under Tanmia,” Sultan Butti bin Mijrin, Director-General, DLD, had said.

Wind Tower I is a 25-storey residential and commercial tower, comprising 365 residential units and 128 hotel rooms. Wind Tower II is a 33-storey residential and commercial building, containing 415 units.


..........


http://www.emirates247.com/news/regi...12-04-1.485874
__________________

[VB]

I'am an investor of apartment at wind II. Does anybody know who I must contact to claim my right for it? Thanks in advance.

[dubaidogfish]

Originally Posted by Berliner01

Great news. Seems like they want to finish JLT (maybe except cluster z).

Don't forget H1 and H3

[mhashim]

My understanding is as follows: you need to contact Mr. Ali of FPSC, nominated by HABN, on +9714 4528777, 9AM-6PM, at Saba 1 Tower (JLT cluster E), near Wind Towers, office no. 2901.

[anacreon]

Originally Posted by mhashim

My understanding is as follows: you need to contact Mr. Ali of FPSC, nominated by HABN, on +9714 4528777, 9AM-6PM, at Saba 1 Tower (JLT cluster E), near Wind Towers, office no. 2901.

My understanding is that FPSC are essentially 'swap' brokers. In other words they try to give you some credit for the money you have sunk into a stalled project by asking you to surrender your rights in that one and instead giving you a discount (off often somewhat inflated prices!) on other projects that they happen to be selling at the time.

[bizzybonita]

SUR are you still talking about Dr.Azizi what a lovely long story between them ... What's Up Iran ! What's up Wind !

[Cookstar]

anything new since December?

[abf]

Originally Posted by anacreon

My understanding is that FPSC are essentially 'swap' brokers. In other words they try to give you some credit for the money you have sunk into a stalled project by asking you to surrender your rights in that one and instead giving you a discount (off often somewhat inflated prices!) on other projects that they happen to be selling at the time.

Seems like a correct assessment