Mizin - Remraam

[prach]

REMRAAM-modified payment plan

I'm in the same situation as you Rasheed. I have loads of apartments in Phase 3 Mizin is sticking with the payment plan, no changes. Have tried talking with them, no success.
Let me know if something works out for you.

Mizin is now allowing half the scheduled installment payments i.e 5% instead of 10%. They are also considering allowing multiple apartment holders the option of taking half the built up area but subject to making full payment.

As the defaults become a flood and the market deteriorates further they will hopefully reconsider (reduce)their pricing to more realistic market levels or come up with more realistic bail-out plans.

Hang in there my brave fellow investors!!!

 

[raakeshchawla]

Guys what is the news on Remraam?

 

[really_true]

http://www.propertyforum.com/forum/dubai-property/12277-first-remraam-investor-meeting-zabeel-park-friday-13th-march.html

 

[reasonant]

One of my doctor friend has obtained refunds for his investment of three floors.