Here are the details... “White Lands” announces the development of 6 lands by their owners in Riyadh

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The “White Lands” program announced the completion of the development of six plots of land subject to fees paid by their owners in Riyadh, covering a total area exceeding 1.5 million square meters, as part of the program’s objectives to support supply and achieve market balance.

The program explained in a press release today that the land provides approximately 3,000 residential lots in the city of Riyadh, noting that fees are not applied upon completion of the land’s development with final approval of the plan or upon construction within one year of the date of issuance of “payment order,” with the aim of stimulating development and increasing the supply of developed land, thereby benefiting citizens first and foremost and contributing to an increase in the real estate supply.

The program noted that the current phase focuses on undeveloped land plots measuring 10,000 square meters or more and located within the scope announced when the program was launched in its first phase in 2017, and that it has begun issuing payment orders (billing) began. It highlighted that the results of studies conducted by the program team in collaboration with relevant authorities over the past period contributed to the implementation of the first phase of the “white land” fees in Madinah, Asir, Taif, the Jazan region, Tabuk, and Al-Ahsa, with the application of the fees set to extend to other cities, including Hafar Al-Batin, Al-Qassim, Ha’il, and others.

It is worth noting that the program’s implementation has been divided into three phases following the Cabinet’s approval of an amendment to the program’s regulations. The first phase covered undeveloped land with an area of 10,000 square meters or more owned by a single owner, while the second phase covered developed land with an area of 10,000 square meters or more owned by one or more owners, in addition to the total area of developed land owned by a single owner that amounts to 10,000 square meters or more within a single approved master plan, The third phase, meanwhile, covers developed land with an area of 5,000 square meters or more owned by a single owner or a group of owners, as well as the total area of developed land owned by a single owner that amounts to 10,000 square meters or more within a single city, All phases apply within the urban area defined by the Ministry of Municipal, Rural Affairs, and Housing.