I have just had a conversation with R2i about the Forest View situation. I remain convinced that R2i are a good company and are holding faith with their customers from 5 years ago. There is a limit to the after sales service they can offer as they do not have any commercial hold on this development. I understand that they will be issuing another development update in the next few days.
Apparently the developer is being tight lipped about who it is (the building contractor) who is supposed to be sueing them! I have asked Paradise Valley (the developers) this question directly to be met with a resounding silence. R2i tell me that they dont know either.
As i mentioned in an earlier post, Paradise Valley have decamped from thier office in Bucharest to the site at Mihaillesti. I found this out when I walked into their office on Bulavard Balcescu last April and found myself standing in the middle of a ladies hair salon!!! I did not get a chance to visit the site on that occasion as I had a tight timetable and other business, but it is a good sign because it means the utilities are in place. I shall be visiting again in September.
R2i are upbeat about the possibilities of rolling the project forward and conveyance of title to the first 3 villas has, I understand, been completed. (there are 33 total I am told in all; we have one in our name).
R2i would not reveal contact details of any of the other investors to me on the grounds that each investor has their own agenda and managing subsidury group actions is time consuming for them and produces a lot of confusion and strife. I confess I appreciate their point! However as this is my 4th post I hope to graduate from "Junior member" of this club one post from now - at which point I will be able to send other contributors a private message. I could of course post my email address here, but I like to play by the rules. Look forward to exchanging views after the next development update from R2i.
