Humaid City

i purchased 1 flat in humaid city. i was very upset where is al rashid and my hardly earned money...
i contact arra they said that i have to contact with r holding....i went there and give me replacement offer and they adjust my all paid money in r holding projects...now i am little happy but i do'nt when levender tower will finish and i do'nt know what will happen with my investment...

Orion Residence

Hi,

We are group of investors who have bought 2 floors in Orion Residence. The developer had bought a turn key solution from Al-Rashed. He has informed that there is case against the Al Rashed who has ran away. We have purchased these floors from Hilltop Real Estate.

We are looking for options and who ever is in a similar situation, please contact me at 050-6255798.

Thanks

does the contract not state a completion date

Hi,
do you mean to say that you have a contract and it doesnt state the completion date. If
you have no idea what is going on, you should not be involved in any type of investments.

we will save your funds for you

Paul Pepper from Kings Group Ltd is trying to contact clients in Ajman who cannot get any information on their tower. We are working hard to deliver our units to customers in Marmooka City as promised. We were the first Developers in the UAE to react positively to the Global crisis and set about merging with other companies and getting our land fully paid up. It also became apparent that there were many people in cancelled/delayed projects, with no means of contacting their developer or Real Estate Agents. Once we had completed our registration process and opened our Escrow account, we changed our floor types .
These changes were made to accommodate the many customers in projects in Ajman or Dubai who are not sure if their tower would be built and in many cases Developers have either vanished or are in jail. The amount of calls we get from distraught people in cities in Ajman such as emirates, Humaid, Awali, Emirates Lake Towers etc has been phenomenal. Many people are also calling from cancelled/delayed projects in Dubai as they have realized that swapping to Ajman is a much cheaper option than swapping to another project in Dubai.
I have forgotten the amount of times I am asked by people why they should consider swapping to another project when they should be looking for a refund. Many customers find the risk and expense of legal action to be prohibitive as the chances of getting money have proven to be costly and useless. Lawyers are eager to take cases and as the expenses begin to rise, the reality that money is being wasted begins to become apparent. At kings Group our land is fully paid up so all future funds will be directed towards construction work.The directors have in excess of 15,000,000AED of personal funds invested in the land and this has been a source of comfort to existing clients who are aware that it is an incentive for the company to complete the tower as planned.
Prospective customers have also been impressed that our Escrow account is fully operational and acts as a trust fund for customers funds. The account is regulated by Ajman Bank and payments to contractors will only be made when ARRA and Ajman bank are satisfied that the contractor has completed the work that he is invoicing Kings Group Ltd for.
People have been amazed that Kings Group Ltd are willing to allow them to swap into a project where site mobilization has begun and where the money paid to the previous company is accounted for in our proposal to swap over . This effectively means that previous funds paid to other companies have not been lost and security that an escrow compliant company is now taking charge of your investment. We offer three payment options with the construction based plan proving to be the most popular option. Once an initial payment has been made to prove commitment, a Sales and Purchase Agreement will be issued and people will only be asked to make payments as stages are completed or as a new stage is ready to commence. As your money goes into an Escrow account, it will not remain there until the Bank and ARRA are satisfied that the work has been completed as explained earlier.
The transfer/swapping process is quite simple and the link provided below will provide you with all you need to get the process underway.
http://www.thekingsofmarmooka.com/welcome.htm
If you require further clarification, please contact the Kings Group at
Tel: +971 43430180
Fax: +971 43430206
Mob: +971 566903345
paul@thekingsofmarmooka.com
florine@thekingsofmarmooka.com
Brian@thekingsofmarmooka.com
Give us a call today and save your hard earned money.

Kings Group Ltd


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