hi
1-i think most projects in JVS are done by small developers

2-they need about one year if not more just to collect the money from sales
prices go up and contractors will charge developers more for the same job
becouse of inflation materials demand and etc...
the developer is new to the market maybe his first job and he has high expectations about the profit he must make and he will not give one dime from his profit
so what does he need to do is ask the contractor for lower quality remove balconies, remove grass, lower finishing products so you the buyer will get something different from the pictures they used for marketing sometimes something completly diff

3-most fo the projects they say will finish in 2009 some end of 2009 meaning 2010 add to this another min six months delay to be on the safe side say one year so if they sell all flats in the building now you have many years before you recieve your flat

4- lets say the developer is good and he completes the job
you have a flat in 2009 or 2011 and you bought it 300,000 studio
in 2007 and you want to rent it they give you 30,000 rent for it
now we go to point five

5- year 2011 maintenace charges so high it will eat 20 % of your income
do your math you will see its just not worth it too much risk you taking with the developer ,many projects(over supply), and law is not clear on many issues


maybe its good for a long term investment and long term i mean 10+ years

tip
1-if you want to buy from a developer in JVS ask for 10% discount and you will get it and if you good you can get 20%
2-buy ready property and gain rents for three years which will make it alot cheaper ...they r pricing off plan too high its just not worth it


good luck