A
ayamy
New Member
Nakheel Should indeed be open and try to help c the hard working investors who made it what it currently is.
They should announce and without delay the Indeed they have canceled the Badrah II project, cause no way they will complete it in by end of 2011 and they can not extend the delivery any further.
Credible info from inside Nakheel say that the Badrah Project has been shellved and Nakheel is now just trying to collect as much as it can in new funds as consolidation, so to reduce what it has has to payout in the end once they admit the Project is canceled.
So all they are doing is frustrating the investors and trying to push them to so called consolidation. This is just not acceptable behaviour from someone like Nakheel. They will lose so much turst than what they already have lost with the investors, it will simply stupid for Nakheel to continue with Badrah II and other off plans projects , no investor will be crazy enough to continue paying them any further instalments, why would they, when they can get for the same price a finished, larger property in place like JBR or Dubai Marina.??
Time for Nakheel and those who are running it to come clean and by honnest for a change.
Time for the Dubai Governmet to also get invoved to save the investors and restore confidance in the property market, otherwise Nakheel and Emaar will soon be history as the expats flee this courpt market.
They should announce and without delay the Indeed they have canceled the Badrah II project, cause no way they will complete it in by end of 2011 and they can not extend the delivery any further.
Credible info from inside Nakheel say that the Badrah Project has been shellved and Nakheel is now just trying to collect as much as it can in new funds as consolidation, so to reduce what it has has to payout in the end once they admit the Project is canceled.
So all they are doing is frustrating the investors and trying to push them to so called consolidation. This is just not acceptable behaviour from someone like Nakheel. They will lose so much turst than what they already have lost with the investors, it will simply stupid for Nakheel to continue with Badrah II and other off plans projects , no investor will be crazy enough to continue paying them any further instalments, why would they, when they can get for the same price a finished, larger property in place like JBR or Dubai Marina.??
Time for Nakheel and those who are running it to come clean and by honnest for a change.
Time for the Dubai Governmet to also get invoved to save the investors and restore confidance in the property market, otherwise Nakheel and Emaar will soon be history as the expats flee this courpt market.
