STATUS OF CONSTRUCTION gcd
4 views
Skip to first unread message
gcd investor group
Jul 9, 2009, 12:04:12 AM7/9/09
to gcdin...@googlegroups.com
DEAR FRIENDS
IT SEEMS StAR GIGA HAS STARTED CONSTRUCTION ON THE gcd1 PROJECT IN ONE BUILDING ONLY. THEY HAVE REACHED THE 9TH FLOOR.
Finally although this may be the first step but nevertheless a first in a loung journey towards completion.
This is a moment for us to reband and rethink how we can get our rights.
Regards
Admin
Viturin Doering
Jul 9, 2009, 12:55:25 AM7/9/09
to gcdin...@googlegroups.com
Dear All,
Thanx for the update... the towers are all
merely above the ground level... when we already paid approx 30% or more. Agree, at least things are moving.
as
per local lawyers advice and also some RE-Experts, we should go to STAR
GIGA as a group and as a group pressurize them for discount, etc. As a
group, we have more power. (No need that all of us go there and squeeze
in the meeting room... We can get signatures, etc... that would be
enough.)
ETA STAR is a respected company - but
still, they are afraid of "public damage". They keep our money
(=credit) without paying us interest... and delay... We are not a Bank.
I
think that at some point in this group, the question was "HOW TO MAKE
AN ONLINE LIST WITH ALL MEMBERS DATA, ETC."... I have one solution how
to do it within Google. The person in charge may contact me.
Is there any meeting planned in the near future?
Regards,
--VD
Robert A D
Jul 9, 2009, 3:45:49 AM7/9/09
to Viturin Doering, Anil - Gcd
I personally is STRONGLY against asking for discounts. If I was them I would agree for discounts without batting an eye lid. As the investors don't have specifications of what they are paying for with or without discounts.
Yes, asking for better features or amenities would make sense.
Construction has resumed. We should concentrate on getting things completed.
That's my opinion. One will get what one pays for !!
Best wishes
AD
Best is yet to come .......
-----Original Message-----
From: Viturin Doering <viturin...@gmail.com>
Date: Thu, 9 Jul 2009 04:55:25
To: <gcdin...@googlegroups.com>
Subject: Re: STATUS OF CONSTRUCTION gcd
Dear All,
Thanx for the update... the towers are all
merely above the ground level... when we already paid approx 30% or more. Agree, at least things are moving.
as per local lawyers advice and also some RE-Experts, we should go to STAR GIGA as a group and as a group pressurize them for discount, etc. As a group, we have more power. (No need that all of us go there and squeeze in the meeting room... We can get signatures, etc... that would be enough.)
ETA STAR is a respected company - but still, they are afraid of "public damage". They keep our money (=credit) without paying us interest... and delay... We are not a Bank.
I think that at some point in this group, the question was "HOW TO MAKE AN ONLINE LIST WITH ALL MEMBERS DATA, ETC."... I have one solution how to do it within Google. The person in charge may contact me.
Is there any meeting planned in the near future?
Regards,
--VD
Yes, asking for better features or amenities would make sense.
Construction has resumed. We should concentrate on getting things completed.
That's my opinion. One will get what one pays for !!
Best wishes
AD
Best is yet to come .......
-----Original Message-----
From: Viturin Doering <viturin...@gmail.com>
Date: Thu, 9 Jul 2009 04:55:25
To: <gcdin...@googlegroups.com>
Subject: Re: STATUS OF CONSTRUCTION gcd
Dear All,
Thanx for the update... the towers are all
merely above the ground level... when we already paid approx 30% or more. Agree, at least things are moving.
as per local lawyers advice and also some RE-Experts, we should go to STAR GIGA as a group and as a group pressurize them for discount, etc. As a group, we have more power. (No need that all of us go there and squeeze in the meeting room... We can get signatures, etc... that would be enough.)
ETA STAR is a respected company - but still, they are afraid of "public damage". They keep our money (=credit) without paying us interest... and delay... We are not a Bank.
I think that at some point in this group, the question was "HOW TO MAKE AN ONLINE LIST WITH ALL MEMBERS DATA, ETC."... I have one solution how to do it within Google. The person in charge may contact me.
Is there any meeting planned in the near future?
Regards,
--VD
On Thu, Jul 9, 2009 at 8:04 AM, gcd investor group <gcdin...@gmail.com <mailto:gcdin...@gmail.com> > wrote:
DEAR FRIENDS
IT SEEMS StAR GIGA HAS STARTED CONSTRUCTION ON THE gcd1 PROJECT IN ONE BUILDING ONLY. THEY HAVE REACHED THE 9TH FLOOR.
Finally although this may be the first step but nevertheless a first in a loung journey towards completion.
This is a moment for us to reband and rethink how we can get our rights.
Regards
Admin
gcdin...@googlegroups.com <mailto:gcdin...@googlegroups.com>
DEAR FRIENDS
IT SEEMS StAR GIGA HAS STARTED CONSTRUCTION ON THE gcd1 PROJECT IN ONE BUILDING ONLY. THEY HAVE REACHED THE 9TH FLOOR.
Finally although this may be the first step but nevertheless a first in a loung journey towards completion.
This is a moment for us to reband and rethink how we can get our rights.
Regards
Admin
Viturin Doering
Jul 9, 2009, 5:48:12 AM7/9/09
to gcdin...@googlegroups.com
Dear AD,
I agree - we don't have the SPECS. From that point of view, even "better features" is not reasonable.. since we dont know what we are to expect now...
However our discount could also be in a better payment plan for us... or anything.
1) It is very unlikely that SPECS are being changed. In those projects, the specs are first drafted by the client (=builder), then a detail is worked out by architects, consultants, then again revised by client, etc. So it is a long process which cannot be decided by one or two parties.
2) ETA STAR is a well known developer, so they would not dare to harm their image by reducing the quality etc.
3) As a result of the economic crisis, virtually all developers have forced their Main Contractors (in the UAE) to provide price discounts. Discounts vary between 3% to 30%. The Main Contractors in return have forced their Subcontractors to also provide discount. This was all done even their are contracts. But we, the investors, keep paying the same amount? That is not fair. The CEO of Nakheel has said in an intervie when asked whether it is true that NAKHEEL has forced discount on its customers: "... it is true that the prices in the construction market went down by a substantial percentage. And Nakheel is making use of this reduction in prices to also reduce its cost..." ... So why we still pay the same?
4) I have a friend who is working in the Real Estate in the UAE for more than 10 years... Also being an investor who was "forced to accept disadvantageous conditions", they formed a group of people and went to the developer. They were offered a discount or as alternative even cancellation of the contract with 100% money back. Nobody of the big developpers in the UAE now wants to have a "bad reputation" or "bad image"...
5) if someone goes there (e.g. in the name of lets say 50 investors), and they would agree to a discount, then ETA STAR will not make these 50 apartments with "reduced" features (due to the discount) and all the other hundreds and thousands with "standard features"... See point 3) above - they have a price reduction already. And they do definitively will NOT give us better features.
6) I am related to a SUBCONTRACTOR who is suppying for some of the large projects in DUBAI. They also have been forced for discount. At the same time, the Clients and Main Contractors told them - "if its hard for you to give this discount, then just make changes which will not be noticed by the consultants"... We suggested a modification in the products which would result in a price reduction, but still meet the original SPECS... they refused ... for the reasons mentioned in point Nr. 1). So no matter what we do or not do, they will proceed with the construction "as their planning and misplanning"...
Yes, we get what we pay for - but there is no need to
A) Pay more than they deserve
B) Pay them faster than they they deserve
Maybe we can have a talk via phone?
--VD
I agree - we don't have the SPECS. From that point of view, even "better features" is not reasonable.. since we dont know what we are to expect now...
However our discount could also be in a better payment plan for us... or anything.
1) It is very unlikely that SPECS are being changed. In those projects, the specs are first drafted by the client (=builder), then a detail is worked out by architects, consultants, then again revised by client, etc. So it is a long process which cannot be decided by one or two parties.
2) ETA STAR is a well known developer, so they would not dare to harm their image by reducing the quality etc.
3) As a result of the economic crisis, virtually all developers have forced their Main Contractors (in the UAE) to provide price discounts. Discounts vary between 3% to 30%. The Main Contractors in return have forced their Subcontractors to also provide discount. This was all done even their are contracts. But we, the investors, keep paying the same amount? That is not fair. The CEO of Nakheel has said in an intervie when asked whether it is true that NAKHEEL has forced discount on its customers: "... it is true that the prices in the construction market went down by a substantial percentage. And Nakheel is making use of this reduction in prices to also reduce its cost..." ... So why we still pay the same?
4) I have a friend who is working in the Real Estate in the UAE for more than 10 years... Also being an investor who was "forced to accept disadvantageous conditions", they formed a group of people and went to the developer. They were offered a discount or as alternative even cancellation of the contract with 100% money back. Nobody of the big developpers in the UAE now wants to have a "bad reputation" or "bad image"...
5) if someone goes there (e.g. in the name of lets say 50 investors), and they would agree to a discount, then ETA STAR will not make these 50 apartments with "reduced" features (due to the discount) and all the other hundreds and thousands with "standard features"... See point 3) above - they have a price reduction already. And they do definitively will NOT give us better features.
6) I am related to a SUBCONTRACTOR who is suppying for some of the large projects in DUBAI. They also have been forced for discount. At the same time, the Clients and Main Contractors told them - "if its hard for you to give this discount, then just make changes which will not be noticed by the consultants"... We suggested a modification in the products which would result in a price reduction, but still meet the original SPECS... they refused ... for the reasons mentioned in point Nr. 1). So no matter what we do or not do, they will proceed with the construction "as their planning and misplanning"...
Yes, we get what we pay for - but there is no need to
A) Pay more than they deserve
B) Pay them faster than they they deserve
Maybe we can have a talk via phone?
--VD
adeel khan
Jul 9, 2009, 5:54:22 AM7/9/09
to gcdin...@googlegroups.com
Dear All,
I will go with discount :)
Salim Chohan
Jul 9, 2009, 6:26:45 AM7/9/09
to gcdin...@googlegroups.com
I WOULD PREFER TO GO FOR FURNISHING( HALF OF MARKET PRICE ON BULK PURCHASE) INSTEAD DISCOUNT. THEY CAN PURCHASE IN BULK , AFTER OUR APPROVAL.
AND FURNISHEH APPARTMENT . THIS WILL BE MORE BENIFICIAL
...SALIM CHOHAN 00971504736099 DUBAI UAE
Date: Thu, 9 Jul 2009 12:54:22 +0300
AND FURNISHEH APPARTMENT . THIS WILL BE MORE BENIFICIAL
...SALIM CHOHAN 00971504736099 DUBAI UAE
Date: Thu, 9 Jul 2009 12:54:22 +0300
Subject: Re: STATUS OF CONSTRUCTION gcd
<br
SOOMRO NOUSH
Jul 9, 2009, 8:36:33 AM7/9/09
to gcdin...@googlegroups.com
Hi guys
I think what we should do in the current situation is to ask them to finish the product as quick as possible so that we could take out money by selling or renting it.
If we continue to fight its not gona solve the problum
Asking them for the discount or furnishing may compromise the quality of the construction
What i would suggest that we should talk to them to complet the construction on time and handover it ASAP
Soomro
--- On Thu, 7/9/09, Viturin Doering <viturin...@gmail.com> wrote:
soundbubble
Jul 9, 2009, 2:15:07 PM7/9/09
to gcdinvestor
Hi all,
I checked again with people in the construction circle. It is
impossible that they reduce the quality. This would require compliance
with their procedure (Client, Consultant, Architects, Government
Approval, etc. etc. etc.) - ESPECIALLY they would never dare to touch
the quality of the entire building. What a loss of image that would be
for ETA STAR...and Ajman, and the UAE. They have safety institutions
who prevent that from happening - be assured :)... all construction
including the quality and exact dimensioning and material employed for
the same has to be given to the authorities for approval.
Glad to hear all your opinions... As it seems, there are these (and
more) points favoured:
1. Discount
2. Furnished Apartment (w/o additional cost)
3. Futher delay in payment - adjusted to the construction progress
4. ... combinations of the above
The aforementioned points (and others which you might think of) all
have different likelihoods of being accepted / realized by ETA. From
the administrative point of view, 1. & 3. are easy, while 2 is more
complicated. For the realization of 2., ETA would require to:
Writing and defining (incl. decision process) of specs for
furniture...
official bidding process... to select suppliers (as per UAE law)
have consultants approve all - specs and supliers samples
etc. etc.
It is good that you write your preferences, alternatives and other
approaches... we then get a feeling of what can or should be done and
I also suggest to set-up a team of reps who goes to ETA in our name.
It is very well possible that all of us investors have different goals
- this is good also. We are individuals at least <smile>. And we shall
try to respect each individuals goals no matter what decision(s) we
come up with. In the end, we can only do what we can achieve from
ETA... so all this is a try... and only those who try can eventually
have success. Also in case we will be able to squeeze ETA for a
discount, (or furniture), we can only ask for a "reasonable" amount.
If we have some investores who DO NOT WANT a discount, but want
FURNITURE, we could for example set up a FURNITURE GROUP, and for
those who want discount, set up a DISCOUNT GROUP <smile>...
As an estimate, I guess that if we for example could bargain for a
discount of xyz AED, they would never provide us with furniture of a
value of xyz AED, but maybe only 50% of xyz AED or less. Then I would
prefer to use the xyz AED and buy what I want and when I want ...
because... all those who have a rental plan - we do not need
furniture. We have a rental guarantee - that is fix - independent of
furniture or not. After the rental guarantee is over, the furniture
would be ready for the trash-can anyway...
I agree with Blackwoodproperty - we should sit down with ETA. Before
that however, we have to find a way to bring all of our data together.
I could make an online database within google with an easy INPUT form.
Or we compile all forms owe used for the registration... The online
FORM might seem easier.
Regards,
--VD
On Jul 9, 12:36 pm, SOOMRO NOUSH <nousher...@yahoo.com> wrote:
> Hi guys
> I think what we should do in the current situation is to ask them to finish the product as quick as possible so that we could take out money by selling or renting it.
> If we continue to fight its not gona solve the problum
>
> Asking them for the discount or furnishing may compromise the quality of the construction
> What i would suggest that we should talk to them to complet the construction on time and handover it ASAP
>
> Soomro
>
> --- On Thu, 7/9/09, Viturin Doering <viturin.doer...@gmail.com> wrote:
> > On Thu, Jul 9, 2009 at 11:45 AM, Robert A D <a...@msn.com>
> > investor group <gcdinves...@gmail.com
> > <mailto:gcdinves...@gmail.com>
I checked again with people in the construction circle. It is
impossible that they reduce the quality. This would require compliance
with their procedure (Client, Consultant, Architects, Government
Approval, etc. etc. etc.) - ESPECIALLY they would never dare to touch
the quality of the entire building. What a loss of image that would be
for ETA STAR...and Ajman, and the UAE. They have safety institutions
who prevent that from happening - be assured :)... all construction
including the quality and exact dimensioning and material employed for
the same has to be given to the authorities for approval.
Glad to hear all your opinions... As it seems, there are these (and
more) points favoured:
1. Discount
2. Furnished Apartment (w/o additional cost)
3. Futher delay in payment - adjusted to the construction progress
4. ... combinations of the above
The aforementioned points (and others which you might think of) all
have different likelihoods of being accepted / realized by ETA. From
the administrative point of view, 1. & 3. are easy, while 2 is more
complicated. For the realization of 2., ETA would require to:
Writing and defining (incl. decision process) of specs for
furniture...
official bidding process... to select suppliers (as per UAE law)
have consultants approve all - specs and supliers samples
etc. etc.
It is good that you write your preferences, alternatives and other
approaches... we then get a feeling of what can or should be done and
I also suggest to set-up a team of reps who goes to ETA in our name.
It is very well possible that all of us investors have different goals
- this is good also. We are individuals at least <smile>. And we shall
try to respect each individuals goals no matter what decision(s) we
come up with. In the end, we can only do what we can achieve from
ETA... so all this is a try... and only those who try can eventually
have success. Also in case we will be able to squeeze ETA for a
discount, (or furniture), we can only ask for a "reasonable" amount.
If we have some investores who DO NOT WANT a discount, but want
FURNITURE, we could for example set up a FURNITURE GROUP, and for
those who want discount, set up a DISCOUNT GROUP <smile>...
As an estimate, I guess that if we for example could bargain for a
discount of xyz AED, they would never provide us with furniture of a
value of xyz AED, but maybe only 50% of xyz AED or less. Then I would
prefer to use the xyz AED and buy what I want and when I want ...
because... all those who have a rental plan - we do not need
furniture. We have a rental guarantee - that is fix - independent of
furniture or not. After the rental guarantee is over, the furniture
would be ready for the trash-can anyway...
I agree with Blackwoodproperty - we should sit down with ETA. Before
that however, we have to find a way to bring all of our data together.
I could make an online database within google with an easy INPUT form.
Or we compile all forms owe used for the registration... The online
FORM might seem easier.
Regards,
--VD
On Jul 9, 12:36 pm, SOOMRO NOUSH <nousher...@yahoo.com> wrote:
> Hi guys
> I think what we should do in the current situation is to ask them to finish the product as quick as possible so that we could take out money by selling or renting it.
> If we continue to fight its not gona solve the problum
>
> Asking them for the discount or furnishing may compromise the quality of the construction
> What i would suggest that we should talk to them to complet the construction on time and handover it ASAP
>
> Soomro
>
> > wrote:
>
> > I personally is STRONGLY against asking for discounts. If I
> > was them I would agree for discounts without batting an eye
> > lid. As the investors don't have specifications of what
> > they are paying for with or without discounts.
>
> > Yes, asking for better features or amenities would make
> > sense.
>
> > Construction has resumed. We should concentrate on getting
> > things completed.
>
> > That's my opinion. One will get what one pays for !!
>
> > Best wishes
>
> > AD
>
> > Best is yet to come .......
>
> > -----Original Message-----
>
>
> > I personally is STRONGLY against asking for discounts. If I
> > was them I would agree for discounts without batting an eye
> > lid. As the investors don't have specifications of what
> > they are paying for with or without discounts.
>
> > Yes, asking for better features or amenities would make
> > sense.
>
> > Construction has resumed. We should concentrate on getting
> > things completed.
>
> > That's my opinion. One will get what one pays for !!
>
> > Best wishes
>
> > AD
>
> > Best is yet to come .......
>
> > -----Original Message-----
>
> > <mailto:gcdinves...@gmail.com>
Robert A D
Jul 9, 2009, 2:55:02 PM7/9/09
to soundbubble, Anil - Gcd
Hi guys,
Whatever you do. Pls ensure that there are no further delays in completing the project.
Let not your demands give them an excuse for delaying the project.
The very purpose of this forum was and should be to have the construction re-commenced and completed asap.
All other issues are secondary.
During the last meeting with mr. Aslam and a few members of the forum. Mr. Aslam had informed us that they are considering some compensation to the investors. This can be politely reminded to them.
Regarding quality procedures for approval etc. .... Yes ETA is not a new babe in the woods. They are experienced enough to know, how to go about it.
NOT TO FORGET THE SPECS ARE NOT YET DISCLOSED TO US.
Gcd 1 is supposed to be superior to any other project in the Emirates City as the base cost had been higher than everyone else, at the time.
Thanks to everyone for their contribution to this thought proccess.
AD
Best is yet to come .......
-----Original Message-----
From: soundbubble <viturin...@gmail.com>
Date: Thu, 9 Jul 2009 18:15:07
> > <mailto:gcdinves...@gmail.com <mailto:gcdinves...@gmail.com> >
>
> >
>
> >
Whatever you do. Pls ensure that there are no further delays in completing the project.
Let not your demands give them an excuse for delaying the project.
The very purpose of this forum was and should be to have the construction re-commenced and completed asap.
All other issues are secondary.
During the last meeting with mr. Aslam and a few members of the forum. Mr. Aslam had informed us that they are considering some compensation to the investors. This can be politely reminded to them.
Regarding quality procedures for approval etc. .... Yes ETA is not a new babe in the woods. They are experienced enough to know, how to go about it.
NOT TO FORGET THE SPECS ARE NOT YET DISCLOSED TO US.
Gcd 1 is supposed to be superior to any other project in the Emirates City as the base cost had been higher than everyone else, at the time.
Thanks to everyone for their contribution to this thought proccess.
AD
Best is yet to come .......
-----Original Message-----
Date: Thu, 9 Jul 2009 18:15:07
> > > wrote:
>
> > DEAR FRIENDS
>
> > IT SEEMS StAR GIGA HAS STARTED CONSTRUCTION ON THE gcd1
> > PROJECT IN ONE BUILDING ONLY. THEY HAVE REACHED THE 9TH
> > FLOOR.
>
> >
>
> > Finally although this may be the first step but
> > nevertheless a first in a loung journey towards completion.
>
> > This is a moment for us to reband and rethink how we can
> > get our rights.
>
> >
>
> > Regards
>
> > Admin
>
> > gcdin...@googlegroups.com
> > <mailto:gcdin...@googlegroups.com <mailto:gcdin...@googlegroups.com> >
>
> > DEAR FRIENDS
>
> > IT SEEMS StAR GIGA HAS STARTED CONSTRUCTION ON THE gcd1
> > PROJECT IN ONE BUILDING ONLY. THEY HAVE REACHED THE 9TH
> > FLOOR.
>
> >
>
> > Finally although this may be the first step but
> > nevertheless a first in a loung journey towards completion.
>
> > This is a moment for us to reband and rethink how we can
> > get our rights.
>
> >
>
> > Regards
>
> > Admin
>
> > gcdin...@googlegroups.com
>
> >
>
> >
Daniel Thomson
Jul 9, 2009, 11:53:32 PM7/9/09
to gcdin...@googlegroups.com, viturin...@gmail.com
I think also the issue of having unsigned contracts is also a problem, and the rectification of amended contracts has fallin on deaf ears.
We have been through the below ideas months ago, and yes lets send around a form and a letter.
We discussed(as per my minute notes) that the loss of rental income shoud be the basis of compensation.
I do not think it is acceptable to lose 2 years worth of rental income.(as i am sure a contractor would not accept such a long delay without cost)
We have been through the below ideas months ago, and yes lets send around a form and a letter.
We discussed(as per my minute notes) that the loss of rental income shoud be the basis of compensation.
I do not think it is acceptable to lose 2 years worth of rental income.(as i am sure a contractor would not accept such a long delay without cost)
Robert A D
Jul 10, 2009, 1:12:38 AM7/10/09
to Daniel Thomson, Anil - Gcd, viturin...@gmail.com
I fully agree that unsigned contracts and non payments will be issues that could put brakes on the project progress.
Re discounts etc. I think the right time is just prior ( abt 3mths) to taking over the keys. This is not the right time.
Any way we are not making full payments at the time of handover.
I don't see any reason to join a forum with members, who have not signed contracts. Non contractual investors can sort out issues on their own.
AD
Best is yet to come .......
-----Original Message-----
From: Daniel Thomson <drtho...@hotmail.com>
Date: Fri, 10 Jul 2009 03:53:32
To: <gcdin...@googlegroups.com>; <viturin...@gmail.com>
Subject: RE: STATUS OF CONSTRUCTION gcd
Re discounts etc. I think the right time is just prior ( abt 3mths) to taking over the keys. This is not the right time.
Any way we are not making full payments at the time of handover.
I don't see any reason to join a forum with members, who have not signed contracts. Non contractual investors can sort out issues on their own.
AD
Best is yet to come .......
-----Original Message-----
Date: Fri, 10 Jul 2009 03:53:32
To: <gcdin...@googlegroups.com>; <viturin...@gmail.com>
Subject: RE: STATUS OF CONSTRUCTION gcd
soundbubble
Jul 10, 2009, 1:39:41 AM7/10/09
to gcdinvestor
Daniel,
I agree - the loss of rental (or delay) and maybe the justified (loss
of) interest in providing our money to ETA for a longer time should be
a reasonable basis for discount. Nothing else and nothing more.
--VD
On Jul 10, 9:12 am, "Robert A D " <a...@msn.com> wrote:
> I fully agree that unsigned contracts and non payments will be issues that could put brakes on the project progress.
>
> Re discounts etc. I think the right time is just prior ( abt 3mths) to taking over the keys. This is not the right time.
>
> Any way we are not making full payments at the time of handover.
>
> I don't see any reason to join a forum with members, who have not signed contracts. Non contractual investors can sort out issues on their own.
>
> AD
>
> Best is yet to come .......
>
> -----Original Message-----
> From: Daniel Thomson <drthomso...@hotmail.com>
>
> Date: Fri, 10 Jul 2009 03:53:32
> To: <gcdin...@googlegroups.com>; <viturin.doer...@gmail.com>
> ...
>
> read more »
I agree - the loss of rental (or delay) and maybe the justified (loss
of) interest in providing our money to ETA for a longer time should be
a reasonable basis for discount. Nothing else and nothing more.
--VD
On Jul 10, 9:12 am, "Robert A D " <a...@msn.com> wrote:
> I fully agree that unsigned contracts and non payments will be issues that could put brakes on the project progress.
>
> Re discounts etc. I think the right time is just prior ( abt 3mths) to taking over the keys. This is not the right time.
>
> Any way we are not making full payments at the time of handover.
>
> I don't see any reason to join a forum with members, who have not signed contracts. Non contractual investors can sort out issues on their own.
>
> AD
>
> Best is yet to come .......
>
> -----Original Message-----
> From: Daniel Thomson <drthomso...@hotmail.com>
>
> Date: Fri, 10 Jul 2009 03:53:32
>
> read more »
soundbubble
Jul 11, 2009, 5:39:26 AM7/11/09
to gcdinvestor
Dear Investors,
this is a revised ONLINE FORM to collect all your valuable opinions so
that they not get lost in the jungle messages in this CHAT-ROOM.
Please fill in your opinions. The online statistic can be seen by
everybody who fills out the form.
http://spreadsheets.google.com/viewform?hl=en&formkey=dG5XdWpieGtDTXowT21DVWVUdTktSGc6MA..
From then, we shall see what next steps are to be taken... if we keep
talking here in this forum, time flies by and nothing will happen.
Regards,
--VD
> ...
>
> read more »
this is a revised ONLINE FORM to collect all your valuable opinions so
that they not get lost in the jungle messages in this CHAT-ROOM.
Please fill in your opinions. The online statistic can be seen by
everybody who fills out the form.
http://spreadsheets.google.com/viewform?hl=en&formkey=dG5XdWpieGtDTXowT21DVWVUdTktSGc6MA..
From then, we shall see what next steps are to be taken... if we keep
talking here in this forum, time flies by and nothing will happen.
Regards,
--VD
>
> read more »
ehsan mivehchi
Jul 11, 2009, 10:20:59 AM7/11/09
to gcdin...@googlegroups.com
Dear All
I know from some friends who have managed to renegotiate with their construction company to get as much as 30% discount to have the project continued.
But it was with another company not Star Giga.
Thanks Ehsan
From:
gcdin...@googlegroups.com [mailto:gcdin...@googlegroups.com] On Behalf
Of Viturin Doering
Sent: Thursday, July 09, 2009 9:25 AM
To: gcdin...@googlegroups.com
Subject: Re: STATUS OF CONSTRUCTION gcd
Dear All,
soundbubble
Jul 11, 2009, 3:21:08 PM7/11/09
to gcdinvestor
Yes, dear Ehsan,
I heard know the same has happened with several developpers... thats
why we should not just sit here and wait (or debate)...
again - please fill out this form ASAP...
http://spreadsheets.google.com/viewform?formkey=dG5XdWpieGtDTXowT21DVWVUdTktSGc6MA..
about 8 people already did so. Thank you !
--VD
> On Thu, Jul 9, 2009 at 8:04 AM, gcd investor group <gcdinves...@gmail.com>
I heard know the same has happened with several developpers... thats
why we should not just sit here and wait (or debate)...
again - please fill out this form ASAP...
http://spreadsheets.google.com/viewform?formkey=dG5XdWpieGtDTXowT21DVWVUdTktSGc6MA..
about 8 people already did so. Thank you !
--VD
gcd investor
Aug 25, 2009, 4:53:01 AM8/25/09
to gcdinvestor
Dear friend
I am the person who founded this group . Was on holiday . Just going
through the mails
I have a few contacts who have mamanged to give me their details.Would
wecome your ideas on building the database of investors .
For your info
we already have met star giga for GCD1 and we have tried to get
something done but of no avail so lets RE start our pressure .
Thanks and welcome to the group .
ADMIN
GCD
On Jul 9, 8:55 am, Viturin Doering <viturin.doer...@gmail.com> wrote:
> Dear All,
> Thanx for the update... the towers are all
> merely above the ground level... when we already paid approx 30% or
> more. Agree, at least things are moving.
>
> as per local lawyers advice and also some RE-Experts, we should go to STAR
> GIGA as a group and as a group pressurize them for discount, etc. As a
> group, we have more power. (No need that all of us go there and squeeze in
> the meeting room... We can get signatures, etc... that would be enough.)
>
> ETA STAR is a respected company - but still, they are afraid of "public
> damage". They keep our money (=credit) without paying us interest... and
> delay... We are not a Bank.
>
> I think that at some point in this group, the question was "HOW TO MAKE AN
> ONLINE LIST WITH ALL MEMBERS DATA, ETC."... I have one solution how to do it
> within Google. The person in charge may contact me.
>
> Is there any meeting planned in the near future?
>
> Regards,
> --VD
>
>
> - Show quoted text -
I am the person who founded this group . Was on holiday . Just going
through the mails
I have a few contacts who have mamanged to give me their details.Would
wecome your ideas on building the database of investors .
For your info
we already have met star giga for GCD1 and we have tried to get
something done but of no avail so lets RE start our pressure .
Thanks and welcome to the group .
ADMIN
GCD
On Jul 9, 8:55 am, Viturin Doering <viturin.doer...@gmail.com> wrote:
> Dear All,
> Thanx for the update... the towers are all
> merely above the ground level... when we already paid approx 30% or
> more. Agree, at least things are moving.
>
> as per local lawyers advice and also some RE-Experts, we should go to STAR
> GIGA as a group and as a group pressurize them for discount, etc. As a
> group, we have more power. (No need that all of us go there and squeeze in
> the meeting room... We can get signatures, etc... that would be enough.)
>
> ETA STAR is a respected company - but still, they are afraid of "public
> damage". They keep our money (=credit) without paying us interest... and
> delay... We are not a Bank.
>
> I think that at some point in this group, the question was "HOW TO MAKE AN
> ONLINE LIST WITH ALL MEMBERS DATA, ETC."... I have one solution how to do it
> within Google. The person in charge may contact me.
>
> Is there any meeting planned in the near future?
>
> Regards,
> --VD
>
> On Thu, Jul 9, 2009 at 8:04 AM, gcd investor group <gcdinves...@gmail.com>wrote:
>
>
>
> > DEAR FRIENDS
> > IT SEEMS StAR GIGA HAS STARTED CONSTRUCTION ON THE gcd1 PROJECT IN ONE
> > BUILDING ONLY. THEY HAVE REACHED THE 9TH FLOOR.
>
> > Finally although this may be the first step but nevertheless a first in a
> > loung journey towards completion.
> > This is a moment for us to reband and rethink how we can get our rights.
>
> > Regards
> > Admin
> > gcdin...@googlegroups.com- Hide quoted text -
>
>
>
> > DEAR FRIENDS
> > IT SEEMS StAR GIGA HAS STARTED CONSTRUCTION ON THE gcd1 PROJECT IN ONE
> > BUILDING ONLY. THEY HAVE REACHED THE 9TH FLOOR.
>
> > Finally although this may be the first step but nevertheless a first in a
> > loung journey towards completion.
> > This is a moment for us to reband and rethink how we can get our rights.
>
> > Regards
> > Admin
>
> - Show quoted text -
Reply all
Reply to author
Forward
Message has been deleted
Message has been deleted
0 new messages