REEF HOMEOWNERS UNION LAUNCHES PETITION AGAINST MASTER DEVELOPER

Manama

Chairman of Reef Island Homeowners Union, Farouq Al Moayyed expressed his regret for the disputes between the Master Developer of Reef Island and other investors and developers by preventing them entry to the island.

He said union is launching an online petition by gathering signatures of homeowners, resident and developers, to stop the “harassment pursued by the master developer who insists on changing the master plan of the island.” He called upon all the affected parties to sign the petition.

He said many people invested in the project as the government of Bahrain had a major stake in it, which was a guarantee to them. 

“What happened next was unexpected. The government represented in Mumtalakat sold its share, and the Master developer started imposing new decisions and rules without taking into consideration homeowners rights. The problem escalated when they blocked the only entrance to the island and threatened to cut electricity," he stated.

Al Moayyed said he had requested the master developer to hand over the main gate and all public properties and facilities to the union, like other real estate development project, but they refused to do it.

He also requested government intervention to empower the homeowners union.

"Our primary role is to guarantee the rights of the developers, investors, residents, homeowners and the master developer. We aim to resolve all disputes and problems that may arise between any two parties through appropriate means," he said.

"If there are any disputes between the master developer and other investors or developers, the former has the right to seek the court if no out-of-court settlement was reached. But we do not approve blackmailing developers by halting construction permits or threatening to cut off electricity and preventing investors from reaching their worksites," he added.