Thu, Aug 21, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Developers, Middle East and Africa more

Dubai: Developers pass on cooling costs to owners

Posted on 17 June 2011

Developers are charging property owners hidden charges to offset District Cooling cost, real estate experts say. Gulf News reported that residents who live in a community with district cooling system end up paying more for their air conditioning as they are charged not according to the usage but the size of the apartment of villa.
Developers also pass on capital costs to the owners under the guise of service charges, Matthew Green, head of research and consultancy at CB Richard Ellis Ltd Middle East, was quoted by Gulf News as saying……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031