During the first half of this year, the engineering teams of the Wafi program completed 82 field visits to residential projects supervised by the program, where the engineering teams reviewed 150 reports for these projects worth about 8 billion riyals.
The engineering teams of the program, within the framework of its supervisory role, make periodic field tours during which they monitor the completion rates in the projects supervised by the program and the quality of their implementation.
Wafi explained that the program's engineering teams, as part of its monitoring role, conduct periodic field tours during which they monitor the completion rates in the projects supervised by the program and the quality of their implementation, in addition to reviewing the reports provided by the engineering consultant about the project and the mechanism of its implementation in a way that does not violate the contracts concluded with the buyers, stressing that to ensure the rights of buyers and the obligations of real estate developers, the Wafi program requires the presence of an engineering consultant and a legal accountant for each project, in order to follow up on the field and verify the completion rates of the project during the stages of completion of the project. He added that the Engineering Department worked during the first half of this year on the initial receipt of five completed projects, after ensuring that they meet the requirements and statutory procedures necessary for all projects in preparation for the real estate developer to hand over the developer the housing units sold to the buyers.
The Ministry of Housing qualifies engineering offices to supervise off-plan sales projects through a number of requirements, including the office's experience for the last ten years in the field of building design, project supervision, design and implementation of infrastructure projects, and a statement indicating the engineering staff working on the project and the qualified entities of the office, in addition to holding a number of specialized courses that can only be qualified after passing them.
The Ministry of Housing is working to qualify engineering offices to supervise off-plan sales projects through a number of requirements. Since the beginning of the year, Wafi has issued licenses for 30 projects that will contribute to providing more than 11,000 housing units ranging from apartments, villas and townhouses, and 86 engineering offices were recently approved to supervise off-plan sales projects, as the total value of projects supervised by the program is more than 50 billion.
Wafi has recently approved the qualification of 86 engineering offices to supervise off-plan sales projects, as the total value of projects supervised by the program is more than 50 billion.
