Residential: Buying or transferring housing options reservations is against the law

Residential confirms the unified electronic reservation system, prohibits trading reservations for money, and payments are made according to the construction stages.
Residential program

Posted in

The Sakani program of the Ministry of Municipalities and Housing has clarified that buying or assigning reservations for housing options for a financial consideration is against regulations and laws, and may result in the cancellation of this option.

The program said that the electronic reservation system is unified and the electronic contract is concluded for the allocation of land through the Sakani application. The program said that the electronic reservation system is unified and the electronic contract for land allocation is concluded through the Sakani application, indicating that the reservation is made without service fees or otherwise.

The Sakani program indicated that it works to overcome the means of owning the appropriate housing by providing several solutions, and regarding the payments to the beneficiary based on the construction stages specified by the beneficiary through the table of quantities and specifications after evaluating each stage that has been completed.

The program said that the electronic reservation system is unified and the electronic contract is concluded for the allocation of land through the Sakani application, pointing out that there is no service fee.