Twenty apartment buyers in a TMA 38/1 project in Bat Yam have filed a lawsuit against the developer Central City Holdings and Properties due to a delay in the delivery of the apartments. According to the agreements, the apartments were supposed to be delivered by January 2024, but the work was halted due to the 'Iron Swords' war and directives from the Bat Yam municipality. The buyers claim that the delay began long before the war and are demanding compensation of 6.5 million shekels for the damages incurred. Additionally, they note that an Iranian missile strike on a nearby building caused further delays, and they are experiencing severe economic uncertainty. The developer rejects the claims, stating that the delays were caused by circumstances beyond its control, and argues that the buyers were aware of the risk of war. Courts in Israel tend to examine each case individually, and the developer's ability to prove a causal link between the war and the delivery delay may affect the outcome of the lawsuit.
The Iranian missile hit the street: buyers in Bat Yam sue for 6.5 million shekels over delivery delay
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