Absconding developers will soon have to face harsh law for their inability to fulfill their obligations. The Ajman Real Estate Regulatory Agency (Arra) has taken the step to file cases, complaining to the police about some absconding developers. Emirate has now turned to law to make developers pay for their frailty. Soon there will be a spree of arrests made for developers failing their contractual commitment. The motive behind such a step is to resolve disputes through intervention.
Arra chief insists on resolving the problem between developer and the investor by encouraging mutual talks and this is providing ample time for considerations for the developers. The agency also seek to help t he investors who have invested in projects without opting for carefulness when choosing the developer and his project.
Dubai apartments
Arra chief insists on resolving the problem between developer and the investor by encouraging mutual talks and this is providing ample time for considerations for the developers. The agency also seek to help t he investors who have invested in projects without opting for carefulness when choosing the developer and his project.
Dubai apartments
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