Eaglemmanuel - - I'm sure that FQ did not set out to do this in the beginning, but the fact is that they are doing it now and it is wrong.
The unit owners should not have to pay for their inexperience or miscalculations. If they misbudgeted that is not the issue of the customer. At apartments costing from QR1.8M - up to QR3Mn you should not be paying for their mistakes. We bought apartments that were connected to essential services, not empty shells.
FQ have about 200 apartments in their building.
200 apartments at QR126,000 each in additional fees = QR25,200,000. A nice tidy sum.
I can only assume that FQ are under some financial trouble, they don't have access to money as lending from the banks has dried up and so they are turning to the owners to finance the project's completion.
Eaglemmanuel - - I'm sure that FQ did not set out to do this in the beginning, but the fact is that they are doing it now and it is wrong.
The unit owners should not have to pay for their inexperience or miscalculations. If they misbudgeted that is not the issue of the customer. At apartments costing from QR1.8M - up to QR3Mn you should not be paying for their mistakes. We bought apartments that were connected to essential services, not empty shells.
FQ have about 200 apartments in their building.
200 apartments at QR126,000 each in additional fees = QR25,200,000. A nice tidy sum.
I can only assume that FQ are under some financial trouble, they don't have access to money as lending from the banks has dried up and so they are turning to the owners to finance the project's completion.