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COMPENSATION FOR DELAY

JUST ASKING PEOPLE WHO RECEIVED THEIR PROPERTIES FROM SWEETHOMES DID NOT ASK TO BE COMPENSATED FOR 5 YEARS OF DELAY ? NO PRICE CORRECTION EVEN BY 10-20 % ?
HOW INVESTORS CAN ACCEPT THIS IF ALL KNOW SELLING PRICE IN EC IS ARROUND 200 DIRHMS /FOOT WHILE PURCHASING PRICE 350-400 DIRHMS

Ok, so that confirms that

Ok, so that confirms that they are undercutting the previous prices to get things moving and as for previous investors and owners bad luck!!!!! funnily enough, they were charging people interests and penalties for late payments in the past!!
Day light robbery !

Laris's picture

Day light robbery !

Its a Day Light Robbery ! For delay in payment Penalties but Delay in Handover Nothing ....Pay Arbitration Fee 50% of the amount of property Purchased?.......Check these Ads...https://www.facebook.com/SweetHomesGroup/

Its Nothing BUT Day Light Robbery..

What!!!???

We should charge them for late delivery. and chearge them for the rent we paid for 8 years instead of living in our own flats.

Can any person who received the property please share your experience. DId you get a discount? or a fine for late payment? And was there a price correction as now the rates have gone down a lot.

Laris's picture

Lessons of life; drowning in the ocean Hard Earned Money in sand

Greetings to all who read this message. Nearly all those involved in real estate in the UAE has encountered problems in one way or another. Sometimes the situation seems to be good and sometime worst but mine is drowning in the ocean Hard Earned Money in sand............Don’t Invest money in negligence; project Rainbow Tower. "SWEET HOMES AJMAN"A lot of problems with this construction project. For a long time A Decade to complete but no results yet…Investors to this project like me Paid (80%) on time not a single day delay in any of the payment; almost 8 Years nothing in Hand; there were no children’s at the time of investment today they are grownup; Visited all the Doors from ARRA to Sweet Homes office. But the result is close to zero.. Project halfway though no Progress since years and years; It Looks Dead Investment with Sweet Homes Ajman;
And it is the Biggest Ever mistake of My Life….NO Money Return After waiting for A Decade to finish; Asked to Pay more and move once again to almost another dead Project; It’s Like hard earned money in SAND… waiting since 6 years with false date of completion, How long this will continue? ! No entity is bothered to provide help; All what you see to mislead people like me; And Busy catching New Big Fishes The Villa …..
I was trapped with advertisement almost a decade ago; Its Sad Story of Life When it Will End…??????????????. For Arbitration “a lawsuit in court” will cost Extra; Please make sure that there is no arbitration clause in your agreement; What a Bully Investment is this ? I beg always my dear Brothers and Friends Think well before you buy property like the one I have invested. Its nothing but Sweet Homes Ajman – Rainbow Projects Lessons of life; Drowning in the ocean Hard Earned Money in sand....