Friday, October 23, 2020

Golden Gate investors wary of payments notice

Bahrain

Home-owners in the Golden Gate project have been advised by the developer to continue paying their instalments, despite the temporary suspension of the project by the Real Estate Regulatory Authority (RERA). An investor, who spoke to GDN on condition of anonymity, said he received a communication from the company that the instalment payments needed to continue as usual and the suspension of the licence had nothing to do with payments from investors .