Hello Mujteba & small M, thanks for your reply.
This is a large scale development (4,000 homes) as you said Mujteba. There must be a lot of owners out there in the same boat. Hopefully we can do something together. Nakheel already deffered the payments for Badrah owners, they should do the same for us or offer an alternative at least.
I visit the Furjan site regularly to see progress and seen the model homes from the inside. I think its going to be a very nice project but nevertheless something needs to done given the circumstances.
So far, after many many phone calls and following up, i got the following reply from Nakheel:
We sincerely thank you for bringing to our attention all your concerns and we would also like to assure you Nakheel understands the same, we are sorry to write that we would be unable to accommodate your below request for a deferment of the Al Furjan payment schedule. Hence, the payment schedule would remain unchanged, we would appreciate if you could settle all the forthcoming due payments on time, and if there are any changes in future, we will keep you updated.
We understand that the above decision is not as per your expectations,we thank you for your kind understanding in this matter.
However, you would be pleased to know Nakheel has stopped collecting the Accelerated payment and 2% assignment fee at the time of selling which makes it easier for clients to sell their property in secondary market.
With regards to your concerns on the construction progress, you would be pleased to know that Nakheel is officially allowing its valued customers to visit the Al Furjan site office to view the infrastructure and construction works progressing underway at present.
Let me know your thoughts
Thanks