Following a delay in a stalled project: Apartment buyers in the Rama D'5 neighborhood are being forced to give up on transactions

52 buyers in the "Keter Harama" project, a joint venture between the "Nativ and Shafir" companies in the Ramat Beit Shemesh neighborhood of D'5, are facing demands to give up on purchasing their apartments or compromise on alternative apartments, following a delay in construction when half of the project has stalled.

The company claims this is due to a shortage of workers since the beginning of the war, but some buyers claim that the delay is the result of a financial dispute, as Shafir noted in a quarterly report on a legal dispute with Nativ, when the companies are trying to dissolve the partnership.

The buyers, who purchased pre-construction apartments that they now claim are worth half a million to a million NIS more, have formed a legal group to uphold their demands, complaining about meager compensation for canceling the deal or offers to transfer rights to apartments that they claim are not worth the special apartments they purchased.

At the same time, the "Price for a Resident" winners in the project have not yet chosen apartments.

_{Source - TheMarker}