Dear All Fellow property consultant and Agent At the outset, we all are aware that most of the projects which are under construction or yet to commence are on a complete standstill. There has been no movement and if there is any, it has been at a very slow pace.
As a responsible professional property consultant, we have certain Social obligations toward our investor community who has invested through us or we know who has invested in Dubai’s Real Estate Market. We all know that these investors have their huge fund blocked with the Developers in Dubai and these developers are not refunding the money back to any of the investors. To be honest, if we want to market a turn back and sustain for us in the Business, we will have come together and see how we can help them and get their fund out. This way, we will also help the investors to get back their confidence and just imagine the amount of money that will come back to in the industry this will surely help all of us too. Government / DLD / RERA are trying their best to streamline the industry, what are we doing for our industry we can’t just sit and keep mailing (property for sell). Who will buy, if there is no confidence and money in the market. Recently I have come across a great group called Dubai investors group. ( http://groups.google.com/group/dubai-property-investors ) They have some very active members who are actively working on to get the investment out of the developers for the investors/ then self We should take an active step by informing the investors to join this group and be a part of the forum. I GUESS WE CAN CONTRIBUTE THIS MUCH AT LEAST. Mohiibul Haque Director International Member - National Association of Realtors – USA- NAR Member of Indian Institute of Real Estate - IIRE Certified & Trained Property Consultant - RERA Home Guru Real Estate www.homeguru.ae Mobile: + 971-50 5511566 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to "Dubai-Rentals" group moderated by ............Misbah Madkandy . To post to this group, send email to [email protected] To unsubscribe , send email to [email protected] For more options, http://groups.google.com/group/dubairentals?hl=en -~----------~----~----~----~------~----~------~--~---
