The new regulation governing off-plan investment required that completed applications be decided within ten days of receiving the application, provided that the new committee is responsible for setting the conditions and requirements necessary for practicing the sale or rental of real estate units on the map, in addition to the controls of marketing and displaying those real estate units.
At the same time, six government agencies are preparing to nominate their representatives to the new committee for off-plan real estate investment.
At the same time, six government agencies are preparing to nominate their representatives to the membership of the new off-plan real estate investment committee hosted by the Ministry of Housing to keep pace with the growing demand for this type of real estate investment in the Kingdom's regions.
According to the terms of the new regulation, representatives from the ministries of finance, housing, justice, trade, investment, municipal and rural affairs and the Saudi Authority for Industrial Cities and Technology Zones will participate in the membership of the nascent committee that will consider applications for licenses to practice the activities covered by this activity.








