We signed up and purchased a house off the plan from NDH Property Development back in February 2008. At that stage the block of land that was being acquired by NDH Property Development was still owned by Gearon in Rowville and they were operating their business from it.
The grand plan that was pitched to us was that Gearon would vacate the premises in the middle of 2008, construct the roads and footpaths within the new development and then hand it over to NDH Property Development to take over and start bulding the properties. This was all supposed to happen before December 15th as per the date on the signed contract.
It is now the middle of February 2009 and development of the properties has not even started. With the current economic crisis looming, I am beginning to get concerned as I have seen to many stories on ACA about families who have lost tens of thousands of dollars to dodgy developers... I hope and pray that this is not one of those situations...
The biggest concern thus far is complete lack of correspondance and communication from NDH Property Development. All information obtained from them has been through a local agent who is assisting in the sale of the remaining lots so we have been lucky enough to have that relationship, and also from us calling them asking what is going on!
There has been no regular newsletter or emails confirming that everything is going to plan, although slightly behind schedule, we're basically left in the dark. I hope and pray that this is nothing more than sloppy sales & account management and everything will be delivered as promised and we will be delighted with our purchase but after 12 months with little to no progress and even less communication, I'm starting to get worried...
