Kabir Mulchandani is an exposed crook backed by a desperate poor sheikh called maktoum hasher, what a shame. They have ruined dubai properties reputation. RERA is investigating them, their bank accounts have been frozen.
14 October 2008 Private developer Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate Dynasty Zarooni
emerged as the country's top spender in advertising during the first half of 2008, overtaking Emaar
, last year's top spender by almost double.
Real estate firms account for the majority of ad spend in the UAE, pumping more money into their advertising budgets than ever before. An industry expert described the situation as an advertising mania, escalating the price of outdoor advertising.
According to a half-yearly report by Pan Arab Research Centre (PARC), four out of the top five firms in the list of top advertisers were property companies. In the top 10 list, eight of them were from the same industry.
Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate Dynasty Zarooni UAE | Real Estate News | Profile | Officers was followed by NakheelNakheel, DeyaarDeyaar, EmaarEmaarEmaar Properties Emaar Group UAE | Real Estate Quote | Chart | News | Profile Last: 6.780 AED +0.88 +14.920%
» Disclosures » Research
» Financials » Chart Data
, ACI Real Estate, Al Qudra HoldingAl Qudra Holding, Better HomesBetter Homes and DubailandDubailandDubailand UAE | Real Estate News | Profile | Officers .
Hilal Al Zarooni, President of Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate Dynasty Zarooni UAE | Real Estate News | Profile | Officers and Chairman Kabir Moolchandani said in a statement that the primary reason for the increase in advertising spend was the merger in September 2007 of the Hilal Al Zarooni Group with Dynasty Enterprises Inc to form Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate Dynasty Zarooni UAE | Real Estate News | Profile | Officers Inc with a net equity of Dh1.35 billion. The firm's ad spend for the first six months of 2008 was estimated at $10.58m (Dh38.8m). Leaping from an almost non-existent advertising spend in 2007, the new ad budget accounts for around 1.8 per cent of the company's total business of Dh21bn.
The company, which recently suffered a defamatory campaign with allegations of fraudulent operations in India, stated that it did not have to realign or alter its advertising campaign because "allegations were baseless and withdrawn by the publisher".
Company representatives denied any relation between the allegations and the massive ad spend. "The recent negative coverage abroad was promptly corrected by the publisher as there was no proven substance in any of the original articles. All of these reports were proven to be factually invalid.
"Our advertising plans are meticulously designed to promote the company's overall brand values, brand strategy and its products."
Interestingly, the PARC report revealed that the majority of real estate ad spend was channelled into the print media. Newspapers' share of Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate Dynasty Zarooni UAE | Real Estate News | Profile | Officers 's ad spend was almost 99.8 per cent. Magazines accounted for the remainder. NakheelNakheel, second on the list, allocated 1.27 per cent for TV, 91.1 per cent for newspapers, 3.21 per cent for magazines and 4.51 per cent for outdoor and radio. Of the top 10 spenders, only Al Qudra devoted 12 per cent of its budget to TV adverts.
This shocking too - This is Al Fajer - Plot H3 Jumeirah Lake Towers
Sure people bought. They have been left out on a limb, so to speak. They have been left in limbo for years--being told this and that and finally being left with nothing. Nakheel would have passed them on to DMCC who would have passed them on to Al Fajer Ptroperties, who would have dropped them like a hot egg.
Dynasty Zarooni under the Cover of NAKHEEL ??????????
Take a look to this website:
www.discoverygardensuae.com
Brandnew created: Address lookup canonical name www.discoverygardensuae.com. aliases addresses 208.43.210.202
Domain Whois record Queried whois.internic.net with "dom discoverygardensuae.com"...
Whois Server Version 2.0
Domain names in the .com and .net domains can now be registered with many different competing registrars. Go to http://www.internic.net for detailed information.
Domain Name: DISCOVERYGARDENSUAE.COM Registrar: ENOM, INC. Whois Server: whois.enom.com Referral URL: http://www.enom.com Name Server: NS1.SI-SV2767.COM Name Server: NS2.SI-SV2767.COM Status: clientTransferProhibited Updated Date: 10-sep-2008 Creation Date: 10-sep-2008 Expiration Date: 10-sep-2009
Dynasty Zarooni's got some nerve! They didnt get far though now tht evryone knows wht they ve been cooking! Hilal Zarooni really needs new options and hey to Kabir, Sorry but no more of his childish pranks. No room for an 80ish IQ in this market
i don’t think its fair to judge anyone by a deal. yes Al Fajer made a mistake to partner with a crook like kabir mulchandani but we had nothing to do with the misrepresentation ads and the hundreds of millions collected by dynasty zarooni into their company accounts… you should read your contracts. RERA is investigating Dynasty zarooni & kabir mulchandani has left the country. Al fajer is a great company and yes we have suffered because of the incompetence of the construction company al ahmadiah but that doesn’t mean we are cheaters or we are benefiting in any shape or form.
Dynasty Zarooni does not show any respect to the legal system in Dubai, the company posted in their website: http://www.dynasty.ae/Dynasty/info.asp a false, incorrect, improper translation of Dubai RERA letter address to them which has been written in Arabic on 25/8/2008.
Dynasty Zarooni translated Real Estate Regulatory Authority (RERA)'s letter to English with many false statements added to this translation.
RERA Arabic's letter , http://www.dynasty.ae/Dynasty/pdf/RERA%20Letter.pdf, was as following:
“To Whom it May Concern"
Reference to the above subject, we would like to inform that Dynasty Zarooni is licensed from Department of Economic Development license number 597065, the company does not have any violation regarding registration of real estate agent and real estate development up to date (25/8/2008).
This letter has been issued according to the company request; RERA will not be liable legally for doing so.
Best Regards,,,,
Mubarak Buljaflah
Head of Real Estate Registration
Now read this translation on their website which shows this company is dis-honost and does not respect any law and they can cheat any one:
25th August 2008 Defamatory Statements against Dynasty Zarooni
Under instructions from our client, M/s Dynasty Zarooni, we would like to inform everyone involved in maligning of our client that all the allegations / statements levelled against it and its management are baseless, unfounded and frivolous. Each of these statements is denied vehemently. Our client is in the business of property development and, in fact, has provided such services to numerous clients of international repute and fame based around the globe. Our client is duly registered with all the concerned regulatory departments in the UAE and there are no complaints pending against it. There is an apparent ulterior motive in these messages being posted on the web. We, accordingly, refute all the statements so posted and inform the person(s) responsible to refrain from this conduct. This statement on behalf of our client is without prejudice to the rights our client has against such false and defamatory statements.
We, hence, direct that these statements be removed immediately and forthwith failing which our client will be constrained to take legal action, civil and criminal, under the relevant provisions of the law in the courts of competent jurisdiction. We also reserve the right to initiate appropriate legal action against, inter alia, the web site hosts,administrators, forum moderators, web masters etc.
18 comments:
This is shocking. It only confirms the rumors.
read the aol feature here:
http://journals.aol.com/jnthnjon3/dynasty-zarooni-dubai/
I guess we are the last ones to know. People in US know about the damages and we are living in a world isolated to the truth
This is so true. We are always kept oblivious to the things right around us. The protectionist approach is beneficial but not in this case though
Try using the rss and you can be updated by anything or any scam of any brand. This has been there for quite a few weeks now
I think you deserve to get a fair trial. Try Rera! They can help
Reras turning out to be the one shattering the trust in this case.
I m speechless as to Reras stance on the issue
Just unacceptable!
I think actions do speak louder than words so please protect your own investments and look for better opportunities... i mean the safer ones
Please read also this:
Another Story around Plot H3 Al Fajer Properties Jumeirah Lake Towers:
http://dubai7stars.blogspot.com/2008/05/complaint-to-rera-dubai-untouchable.htm
and a still existing story Damac-Hilal Zarooni
Damac and Al Zarooni set to sign agreement to end Haz Tower drama
Saturday, May 24, 2008
http://www.aim168realestate.com/real-estate-news/uae/289/damac-and-al-zarooni-set-to-si.html
or
http://www.gulfnews.com/BUSINESS/Real_Estate_Property/10213588.html
Kabir Mulchandani is an exposed crook backed by a desperate poor sheikh called maktoum hasher, what a shame. They have ruined dubai properties reputation. RERA is investigating them, their bank accounts have been frozen.
Latest News October 14
Published Zawya and EmiratesBusiness 24
14 October 2008
Private developer Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate
Dynasty Zarooni
emerged as the country's top spender in advertising during the first half of 2008, overtaking Emaar
, last year's top spender by almost double.
Real estate firms account for the majority of ad spend in the UAE, pumping more money into their advertising budgets than ever before. An industry expert described the situation as an advertising mania, escalating the price of outdoor advertising.
According to a half-yearly report by Pan Arab Research Centre (PARC), four out of the top five firms in the list of top advertisers were property companies. In the top 10 list, eight of them were from the same industry.
Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate
Dynasty Zarooni
UAE | Real Estate
News | Profile | Officers
was followed by NakheelNakheel, DeyaarDeyaar, EmaarEmaarEmaar Properties
Emaar Group
UAE | Real Estate
Quote | Chart | News | Profile
Last: 6.780 AED +0.88 +14.920%
» Disclosures
» Research
» Financials
» Chart Data
, ACI Real Estate, Al Qudra HoldingAl Qudra Holding, Better HomesBetter Homes and DubailandDubailandDubailand
UAE | Real Estate
News | Profile | Officers
.
Hilal Al Zarooni, President of Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate
Dynasty Zarooni
UAE | Real Estate
News | Profile | Officers
and Chairman Kabir Moolchandani said in a statement that the primary reason for the increase in advertising spend was the merger in September 2007 of the Hilal Al Zarooni Group with Dynasty Enterprises Inc to form Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate
Dynasty Zarooni
UAE | Real Estate
News | Profile | Officers
Inc with a net equity of Dh1.35 billion. The firm's ad spend for the first six months of 2008 was estimated at $10.58m (Dh38.8m). Leaping from an almost non-existent advertising spend in 2007, the new ad budget accounts for around 1.8 per cent of the company's total business of Dh21bn.
The company, which recently suffered a defamatory campaign with allegations of fraudulent operations in India, stated that it did not have to realign or alter its advertising campaign because "allegations were baseless and withdrawn by the publisher".
Company representatives denied any relation between the allegations and the massive ad spend. "The recent negative coverage abroad was promptly corrected by the publisher as there was no proven substance in any of the original articles. All of these reports were proven to be factually invalid.
"Our advertising plans are meticulously designed to promote the company's overall brand values, brand strategy and its products."
Interestingly, the PARC report revealed that the majority of real estate ad spend was channelled into the print media. Newspapers' share of Dynasty ZarooniDynasty ZarooniDynasty Al Zarooni Real Estate
Dynasty Zarooni
UAE | Real Estate
News | Profile | Officers
's ad spend was almost 99.8 per cent. Magazines accounted for the remainder. NakheelNakheel, second on the list, allocated 1.27 per cent for TV, 91.1 per cent for newspapers, 3.21 per cent for magazines and 4.51 per cent for outdoor and radio. Of the top 10 spenders, only Al Qudra devoted 12 per cent of its budget to TV adverts.
By Dima Hamadeh
© Emirates Business 24/7 2008
This shocking too - This is Al Fajer - Plot H3 Jumeirah Lake Towers
Sure people bought. They have been left out on a limb, so to speak. They have been left in limbo for years--being told this and that and finally being left with nothing. Nakheel would have passed them on to DMCC who would have passed them on to Al Fajer Ptroperties, who would have dropped them like a hot egg.
http://www.skyscrapercity.com/showthread.php?p=24332642
Latest News October 14, 2008 Zawya.com:
Link:
http://www.zawya.com/story.cfm/sidZAWYA20081014035701
....AND THE MASTER OF ADVERISMENTS 2008 IS:
D Y N A S T Y Z A R O O N I
Another Shock:
Dynasty Zarooni under the Cover of NAKHEEL ??????????
Take a look to this website:
www.discoverygardensuae.com
Brandnew created:
Address lookup
canonical name www.discoverygardensuae.com.
aliases
addresses 208.43.210.202
Domain Whois record
Queried whois.internic.net with "dom discoverygardensuae.com"...
Whois Server Version 2.0
Domain names in the .com and .net domains can now be registered
with many different competing registrars. Go to http://www.internic.net
for detailed information.
Domain Name: DISCOVERYGARDENSUAE.COM
Registrar: ENOM, INC.
Whois Server: whois.enom.com
Referral URL: http://www.enom.com
Name Server: NS1.SI-SV2767.COM
Name Server: NS2.SI-SV2767.COM
Status: clientTransferProhibited
Updated Date: 10-sep-2008
Creation Date: 10-sep-2008
Expiration Date: 10-sep-2009
dynasty zarooni is more than careful for now. lets please focus on the reimbursements and the apology for for the misinformation.
By the way whats the scoop on dz publishing its disclaimers
Its weird! Never in the proud history of our region, has any company taken this kind of stance
Dynasty Zarooni's got some nerve!
They didnt get far though now tht evryone knows wht they ve been cooking!
Hilal Zarooni really needs new options and hey to Kabir, Sorry but no more of his childish pranks.
No room for an 80ish IQ in this market
This comment has reached us November 11 2008
i don’t think its fair to judge anyone by a deal. yes Al Fajer made a mistake to partner with a crook like kabir mulchandani but we had nothing to do with the misrepresentation ads and the hundreds of millions collected by dynasty zarooni into their company accounts… you should read your contracts. RERA is investigating Dynasty zarooni & kabir mulchandani has left the country. Al fajer is a great company and yes we have suffered because of the incompetence of the construction company al ahmadiah but that doesn’t mean we are cheaters or we are benefiting in any shape or form.
Comment by Maktoum | November 11, 2008
7starsdubai.wordpress.com
http://7starsdubai.wordpress.com/2008/03/20/president-al-fajer-properties-hh-sheikh-maktoum-hasher-maktoum-al-maktoum-a1gp/#comment-51
All Wordpress Blogs are deleted. Waht happen ?
Dynasty Zarooni does not show any respect to the legal system in Dubai, the company posted in their website: http://www.dynasty.ae/Dynasty/info.asp a false, incorrect, improper translation of Dubai RERA letter address to them which has been written in Arabic on 25/8/2008.
Dynasty Zarooni translated Real Estate Regulatory Authority (RERA)'s letter to English with many false statements added to this translation.
RERA Arabic's letter , http://www.dynasty.ae/Dynasty/pdf/RERA%20Letter.pdf, was as following:
“To Whom it May Concern"
Reference to the above subject, we would like to inform that Dynasty Zarooni is licensed from Department of Economic Development license number 597065, the company does not have any violation regarding registration of real estate agent and real estate development up to date (25/8/2008).
This letter has been issued according to the company request; RERA will not be liable legally for doing so.
Best Regards,,,,
Mubarak Buljaflah
Head of Real Estate Registration
Now read this translation on their website which shows this company is dis-honost and does not respect any law and they can cheat any one:
25th August 2008
Defamatory Statements against Dynasty Zarooni
Under instructions from our client, M/s Dynasty Zarooni, we would like to inform everyone involved in maligning of our client that all the allegations / statements levelled against it and its management are baseless, unfounded and frivolous. Each of these statements is denied vehemently. Our client is in the business of property development and, in fact, has provided such services to numerous clients of international repute and fame based around the globe. Our client is duly registered with all the concerned regulatory departments in the UAE and there are no complaints pending against it. There is an apparent ulterior motive in these messages being posted on the web. We, accordingly, refute all the statements so posted and inform the person(s) responsible to refrain from this conduct. This statement on behalf of our client is without prejudice to the rights our client has against such false and defamatory statements.
We, hence, direct that these statements be removed immediately and forthwith failing which our client will be constrained to take legal action, civil and criminal, under the relevant provisions of the law in the courts of competent jurisdiction. We also reserve the right to initiate appropriate legal action against, inter alia, the web site hosts,administrators, forum moderators, web masters etc.
RERA Letter 25.08.08
English
Arabic
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