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desperado Offline
Junior Member
 
Posts: 14
Join Date: Dec 2007
Default Re: Investing in Knightsbridge Court - 24-12-2007, 11:28 PM

Well honestly, until now my dealing with with ACW has gone smoothly...i got my contract well in time and once i sent them my signed copy soon enough they sent me back one copy with their signature and stamp. Also the payments were processed quickly and i got my receipts quickly.

ACW Holiding - can you now confirm if your registration with RERA is sorted and escrow account is setup under Property law number 8 of 2007, established by His Highness Sheikh Mohammed bin Rashid Al Maktoum and that aims at protecting the rights of real estate investors. The law requires every developer to have an Escrow Account at one of the banks approved by the Real Estate Regulatory Agency (RERA) of the Dubai Land Department and buyers only paying money into those accounts. As all the stakeholders at ACW holidngs are interested in finding this out i am dropping this question on the forum instead of a personal query.
i would really appreciate your quick response.