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25 buildings topped out at Remraam

by Matt Warnock on Jan 24, 2010

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DPG's Remraam development -- ahead of schedule.
DPG's Remraam development -- ahead of schedule.

Dubai properties Group (DPG) has topped out on its 25th building at the 2.2 million square metre Remraam development of five-, six- and seven-floor residences.

The Dubai World developer says that more than 85% of excavation and 50% of foundation works have also been completed by the 3,000 construction workers and 50 cranes that are on site each day.

“The new construction milestones met by the Remraam development reflect our commitment to delivery schedules. We have mobilised our contractors and labour force to achieve rapid progress and offer a pioneering new project to clients and customers,” commented Group CEO Khalid Al Malik.

Contractors have commenced interior fit-outs, including walls, floor tiles and fixtures, while external primer paint work is progressing on balconies and decorative surfaces.

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FEATURED COMMENT

What will happen if the investyor could not pay till the completion and hand over of the property and have paid only 40%

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Readers' Comments


Bilwani (Dec 2, 2010)
Dubai
Pakistan

Remraam
What will happen if the investyor could not pay till the completion and hand over of the property and have paid only 40% of the booking price and the defualt clause signed SPA say that the comapny can deduct 10% of the booking price where does the buyer stand will he get the remainig after deudction of 10% of the boking or

Mike Ellis (Feb 1, 2010)
In Construction
If the 25th building in a 198 building has been completed with the entire community forecasted to be completed by March 2011, do you thin Mizin will be able to complete an average of 12 buildings per month up to the completion date?.


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