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  #22  
Old 23-05-2008, 01:59 AM
syedaat syedaat is offline
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Join Date: May 2008
Posts: 12
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It seems RERA are in a right mess, thats how it seems. It seems they are all playing a game! The two major developers and RERA that is.Everyone is on the make! Nakheel and Emaar have a lot to loose (revenue) imagine all the 1% and 2% they are charging for every single transfer that takes place. They resisting big time to transfer evrything to RERA. Who is suffering the "Investor". Just look at International City all transfers are on hold indefinity until someone gets their act together. Who is suffering the "Investor"! The market in this area in slowing down, price incease in slowing and people stuck in between who are waiting for transfers to be completed who have paid out OR need to get paid are pulling their hair out. Say Roshan can you talk to someone on this. Is there any light at the end of the tunnel (but how long is the tunnel?). Its having a very negative impression loacly and Internationaly. Any ideas.
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