| Re: Investing in Knightsbridge Court -
06-01-2008, 10:29 PM
ACW Holdings team,
Its been a week now since we heard from you so easily more than few days as you mentioned earlier but i think in the meantime you have got registration with the RERA? As per the chapter one and article 5 of below law, A Developer shall not advertise in local or foreign media, or participate in local or foreign exhibitions, to promote the sale of units or properties off the plan, until having obtained a written permit from the Department.
LAW NO. 8 OF 2007 CONCERNING GUARANTEE ACCOUNTS OF REAL ESTATE DEVELOPMENTS IN THE EMIRATE OF DUBAI
Obviously, we are seeing ACW advertisement for hanover square these days in UK and obviously you would only be doing that after achieving registration with RERA. This should be a very good news for us all but obviously we need confirmation from your goodself and also the details of Guarantee/trust account which comes with this registration.
Please let us know asap.
thanks,
Desperado |