#UNDER C: CHAMPIONS TOWER, 15F Res (Sports City) - Page 9

mb1612 · March 12th, 2010, 10:36 AM

Below is the latest email requesting money for euc/pre reg etc.
If CT1 wont be ready for another 1-2 years why are they requesting this now as no other developer that i have purchased with requested this soon.
It also states it is mantantory for the first year and starts in April this year???
Any comments and will any of you pay this now?

Dear Valued Memon Customers

Hope you are doing fine.

We refer to the mail sent for Insurance and would request you to take a serious notice of the same, we understand that lately there has been a lot of mails from us concerning EUC/Pre registration and insurance which has put you into a situation to choose instead of prioritizing.

All of the above are of importance and would require your full cooperation on the same. We once again would like to request you to kindly consider Insurance for your unit a security for your unit and a better home for your loved ones.

Please note that this amount is mandatory for the first year and optional for the second year depending on your priorities, the year will start from 01st April 2010 so kindly hurry up and remit the payments.

All payments have to be made in the Confused.ae Ltd account and remittance should be mailed to Mr. Viceroy on Viceroy@memon.ae or fax on +971 4 262 6455. We thank you in advance and hope for a full cooperation from your side.

Bank Details
Account Name : Confused.ae LTD
Account Number : 026 165 365 200
Bank Name : HSBC Bank Middle East Limited
Branch : Deira Branch
Address : P.O. Box 66, Dubai UAE
Swift Code : B B M E A E A D

We request you once again to Kindly deposit the amount of AED 6000.00 for Unit No. in “Champions 1” with the due charges payable in 4 monthly installments:

In case you have already made the payments kindly ignore this mail, for those who are still to make the payments we request you to please complete the same by the 25th March 2010 to ensure a smooth process. We have attached the form which has to be filled with completed details and duly signed by you.

For any further clarification please feel free to contact me or Ms. Santy directly.

agod · March 12th, 2010, 11:43 AM

I am being asked for 7200 for my unit, and I have spoken to Mr, CONFUSED, brilliant name for a company that is what it sounds like.

Ask that you would like to see the policy document, before you sign anything, also does it cover you if you have a terminal illness.

A.

FARIBA · March 15th, 2010, 12:16 PM

I was told the ct1 hand over is now dec 2010 why do you think is in the next 1 or 2 years?I hope not but as most of us know they lied before so you maybe right.
and has any one got any new updates/picuters?
thanks.

mb1612 · March 16th, 2010, 02:23 PM

Hi Fariba - Beleive me the handover of CT1 will be end 2011-begin 2012. They still have alot to do. There are hardly no workmen on site. Even once the building has completed it has to be handed over by the master developer-all safety checks etc. have to be made. It will take ages -sorry

FARIBA · March 16th, 2010, 05:45 PM

Quote:

Originally Posted by mb1612

Hi Fariba - Beleive me the handover of CT1 will be end 2011-begin 2012. They still have alot to do. There are hardly no workmen on site. Even once the building has completed it has to be handed over by the master developer-all safety checks etc. have to be made. It will take ages -sorry

I don't uderstand why they are taking sooooo long to just fiinish one building.if they really want to get it down they can do it by end of this year. so i guess we go back to memon not having any money right?
and if that's the case how can they finish the rest of the ct's example ct4 if is going to be built would be in 2014
what kind of investment is this i ask myself paying %60 or %70 to memon and you may or may not have an unite in 5 or 6 years is just crazy

DXBhugefan · March 16th, 2010, 07:09 PM

Its true that they can finish the building but a delay (unless you want to live there) is probably pretty good so that DSC as a whole can catch up. however, i dont agree with Memons ploy to raise suspect cash - not very ethical. all developers are dodgy.

FARIBA · March 17th, 2010, 07:28 AM

Quote:

Originally Posted by DXBhugefan

Its true that they can finish the building but a delay (unless you want to live there) is probably pretty good so that DSC as a whole can catch up. however, i dont agree with Memons ploy to raise suspect cash - not very ethical. all developers are dodgy.

I know you mean well and i can see and agree to a dgree with what you are saying.yes unfortunatlley DSC won't be complete any time soon and my questions are:

1.for how many more years we have to waite for DSC to come togther so memon and the rest of the jokers can catch up with them?

2.If we are going to waite for DSC to catch up the Developers like memon ect.should stop asking for more payments don't you think? and no i know you can have your payments link to constructions and what a joke that has truned out to be before they finish the floor they ask for more money(this is for a different discussion)

3.you are not the only one to think like this the bad news is so does everyone elss they all want to jump to a beautifull and reday to go development myself incuded yes who wants to move to an empty full of ongoing construction area ?but that's how slowly things gets build and people will move. it will be a bit difficult and full of challanges at first but slowley you will have a comunity and things get better as months go by.

so no i don't agree %100 with you as i think the developers are using this as as excuse to take for ever (again no moey is their issue)
most peoples savings are at risk and i for one didn't put my money down for 5 or more years to see who builds first? if they build it? and ect this wasn't a game for us.

Sorry but this is how i feel about it

smith11 · March 18th, 2010, 01:00 AM

Quote:

Originally Posted by FARIBA

I know you mean well and i can see and agree to a dgree with what you are saying.yes unfortunatlley DSC won't be complete any time soon and my questions are:

1.for how many more years we have to waite for DSC to come togther so memon and the rest of the jokers can catch up with them?

2.If we are going to waite for DSC to catch up the Developers like memon ect.should stop asking for more payments don't you think? and no i know you can have your payments link to constructions and what a joke that has truned out to be before they finish the floor they ask for more money(this is for a different discussion)

3.you are not the only one to think like this the bad news is so does everyone elss they all want to jump to a beautifull and reday to go development myself incuded yes who wants to move to an empty full of ongoing construction area ?but that's how slowly things gets build and people will move. it will be a bit difficult and full of challanges at first but slowley you will have a comunity and things get better as months go by.

so no i don't agree %100 with you as i think the developers are using this as as excuse to take for ever (again no moey is their issue)
most peoples savings are at risk and i for one didn't put my money down for 5 or more years to see who builds first? if they build it? and ect this wasn't a game for us.

Sorry but this is how i feel about it

seems to be smart person, but bit late. You should have bought ready apartments in completely developed area.
am I right ???

FARIBA · March 18th, 2010, 05:33 AM

Quote:

Originally Posted by smith11

seems to be smart person, but bit late. You should have bought ready apartments in completely developed area.
am I right ???

I think you are missing the point ofcourse every one had a chance to buy a reday apt but for what ever reasons we didn't and as far as me buying off plan was the best and i knew it comes with some risks but in my wildest dreams never thought is going to be like this.so you are saying is my fault for buying in none developed area and therefore these lieing thives can do anything and everything with peoles money and future.

How about you smith11 are you O.K with everything that is going on ?if not i guess you should have bought it in a ready development.

mb1612 · April 20th, 2010, 04:20 PM

can anyone tell me if it is true that CT1 is on hold now?

ameelioo · May 22nd, 2010, 08:32 AM

I think that Handover will be in Q4 2010.

FARIBA · May 22nd, 2010, 04:44 PM

Quote:

Originally Posted by ameelioo

I think that Handover will be in Q4 2010.

Have you seen new pic's of ct1?

mb1612 · May 24th, 2010, 04:37 PM

Is CT1 still commencing?
Has anyone got pic of it - thx

FARIBA · June 5th, 2010, 04:56 PM

Has anyone spoke to memon regarding the ct1? is it on hold ?if so why?
thanks for any update

sportslover · June 5th, 2010, 09:37 PM

R u investor in ct1?

FARIBA · June 7th, 2010, 03:39 AM

Quote:

Originally Posted by sportslover

R u investor in ct1?

Not in ct1 but in ct3 and ct4 and i'm following their progress in the rest of the project's since the ct1 was the first one which was sold and still is not finished

sportslover · June 9th, 2010, 04:36 PM

Ask shanty for update on all towers

mb1612 · June 15th, 2010, 03:15 PM

Just been informed unofficially that CT1 is yet again on hold until more funds are collected so expect emails from Memon requesting further payments. A friend visited sports city yesterday and no workmen were on site so i'm sure this is the case

sportslover · June 15th, 2010, 04:44 PM

Just got answer from shanty

Greetings, these are all rumours, please check the RERA website and you will
know how much progress we have done on all towers, as you are aware that
tower 1 internal works are in progress and the cannot be measured. Secondly
tower 2 is on 10th level and tower 3 on the 13th level without progress we
would have not reached where we are today.

mb1612 · June 15th, 2010, 04:53 PM

Shanti has told me CT1 would be ready from 2009 onwards so i wouldn't beleive what she says!!

March 12th, 2010, 11:43 AM	#162
agod Registered User Join Date: Mar 2007 Location: Dubai Posts: 1,006 Likes (Received): 7	I am being asked for 7200 for my unit, and I have spoken to Mr, CONFUSED, brilliant name for a company that is what it sounds like. Ask that you would like to see the policy document, before you sign anything, also does it cover you if you have a terminal illness. A. __________________ "There is more lost through indecision, than wrong decision"

March 15th, 2010, 12:16 PM	#163
FARIBA Registered User Join Date: May 2009 Location: ARLINGTON Posts: 129 Likes (Received): 0	mb1612 I was told the ct1 hand over is now dec 2010 why do you think is in the next 1 or 2 years?I hope not but as most of us know they lied before so you maybe right. and has any one got any new updates/picuters? thanks.

June 5th, 2010, 04:56 PM	#174
FARIBA Registered User Join Date: May 2009 Location: ARLINGTON Posts: 129 Likes (Received): 0	HI TO ALL Has anyone spoke to memon regarding the ct1? is it on hold ?if so why? thanks for any update

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March 12th, 2010, 10:36 AM	#161
mb1612 Registered User Join Date: Sep 2009 Posts: 63 Likes (Received): 0	Below is the latest email requesting money for euc/pre reg etc. If CT1 wont be ready for another 1-2 years why are they requesting this now as no other developer that i have purchased with requested this soon. It also states it is mantantory for the first year and starts in April this year??? Any comments and will any of you pay this now? Dear Valued Memon Customers Hope you are doing fine. We refer to the mail sent for Insurance and would request you to take a serious notice of the same, we understand that lately there has been a lot of mails from us concerning EUC/Pre registration and insurance which has put you into a situation to choose instead of prioritizing. All of the above are of importance and would require your full cooperation on the same. We once again would like to request you to kindly consider Insurance for your unit a security for your unit and a better home for your loved ones. Please note that this amount is mandatory for the first year and optional for the second year depending on your priorities, the year will start from 01st April 2010 so kindly hurry up and remit the payments. All payments have to be made in the Confused.ae Ltd account and remittance should be mailed to Mr. Viceroy on Viceroy@memon.ae or fax on +971 4 262 6455. We thank you in advance and hope for a full cooperation from your side. Bank Details Account Name : Confused.ae LTD Account Number : 026 165 365 200 Bank Name : HSBC Bank Middle East Limited Branch : Deira Branch Address : P.O. Box 66, Dubai UAE Swift Code : B B M E A E A D We request you once again to Kindly deposit the amount of AED 6000.00 for Unit No. in “Champions 1” with the due charges payable in 4 monthly installments: In case you have already made the payments kindly ignore this mail, for those who are still to make the payments we request you to please complete the same by the 25th March 2010 to ensure a smooth process. We have attached the form which has to be filled with completed details and duly signed by you. For any further clarification please feel free to contact me or Ms. Santy directly.

March 16th, 2010, 02:23 PM	#164
mb1612 Registered User Join Date: Sep 2009 Posts: 63 Likes (Received): 0	Hi Fariba - Beleive me the handover of CT1 will be end 2011-begin 2012. They still have alot to do. There are hardly no workmen on site. Even once the building has completed it has to be handed over by the master developer-all safety checks etc. have to be made. It will take ages -sorry

March 16th, 2010, 07:09 PM	#166
DXBhugefan Registered User Join Date: Dec 2009 Posts: 39 Likes (Received): 0	Its true that they can finish the building but a delay (unless you want to live there) is probably pretty good so that DSC as a whole can catch up. however, i dont agree with Memons ploy to raise suspect cash - not very ethical. all developers are dodgy.

April 20th, 2010, 04:20 PM	#170
mb1612 Registered User Join Date: Sep 2009 Posts: 63 Likes (Received): 0	can anyone tell me if it is true that CT1 is on hold now?

May 22nd, 2010, 08:32 AM	#171
ameelioo Registered User Join Date: Jul 2007 Location: Abu Dhabi Posts: 106 Likes (Received): 0	I think that Handover will be in Q4 2010.

May 24th, 2010, 04:37 PM	#173
mb1612 Registered User Join Date: Sep 2009 Posts: 63 Likes (Received): 0	Is CT1 still commencing? Has anyone got pic of it - thx

June 5th, 2010, 09:37 PM	#175
sportslover Registered User Join Date: Dec 2008 Posts: 61 Likes (Received): 0	R u investor in ct1?

June 9th, 2010, 04:36 PM	#177
sportslover Registered User Join Date: Dec 2008 Posts: 61 Likes (Received): 0	Ask shanty for update on all towers

June 15th, 2010, 03:15 PM	#178
mb1612 Registered User Join Date: Sep 2009 Posts: 63 Likes (Received): 0	Just been informed unofficially that CT1 is yet again on hold until more funds are collected so expect emails from Memon requesting further payments. A friend visited sports city yesterday and no workmen were on site so i'm sure this is the case

June 15th, 2010, 04:44 PM	#179
sportslover Registered User Join Date: Dec 2008 Posts: 61 Likes (Received): 0	Just got answer from shanty Greetings, these are all rumours, please check the RERA website and you will know how much progress we have done on all towers, as you are aware that tower 1 internal works are in progress and the cannot be measured. Secondly tower 2 is on 10th level and tower 3 on the 13th level without progress we would have not reached where we are today.

June 15th, 2010, 04:53 PM	#180
mb1612 Registered User Join Date: Sep 2009 Posts: 63 Likes (Received): 0	Shanti has told me CT1 would be ready from 2009 onwards so i wouldn't beleive what she says!!