| Re: Tanjah contracts!!
Great input camel and welcome to the discussion. With this added info (which, by the way, is quite worrying), what does that mean for the tanjah project? I presume that is one of the reasons why contracts are taking their sweet time - may be planning permission is the underlying issue?
It's also worrying because when a project is launched, all an investor sees is the glossies on teh front from the agents marketing them. No one is really aware of the underlying developers and their financial background. With investor money in their pocket, anything could happen during the build time (we hope not!) - but there is no surefire way to ensure the success of the build and as most projects in morocco are currently under construction, it will be another 12-18 months before anything solid can be established.
Let's just hope that tanjah is just a small percentage in the large pool of developments.
MM |