In a new step towards developing digital services and facilitating the beneficiaries" journey, Royal Commission for Riyadh announced the launch of the service of amending or canceling the application for applicants through Real Estate Balance Platform, as part of its continuous efforts to increase the efficiency of services and achieve the highest levels of transparency and justice in the distribution of residential lands.

This step comes within the Commission's vision to enhance the integration of urban plans and residential development, in line with the objectives of the Saudi Vision 2030. This step comes within the Authority's vision to enhance the integration between urban plans and housing development, in line with the objectives of Saudi Vision 2030 to provide a balanced and sustainable housing environment that meets the needs of citizens.

H4>Real Estate Balance Platform.

Real Estate Balance Platform

The Real Estate Balance Platform is one of the most important initiatives launched by a generous Supreme Order, with the aim of organizing and developing the residential land market in the city of Riyadh. The platform aims to provide planned and developed residential lands to citizens, ranging from 10,000 to 40,000 pieces annually over the next five years, at prices not exceeding 1,500 riyals per square meter, with direct supervision from the Royal Commission to ensure the quality of planning and implementation.

The platform works to ensure the quality of planning and implementation. The platform works to provide fair opportunities for those who qualify to own residential lands within a balanced urban framework that is consistent with the principles of sustainable urban planning, and aims to achieve a balance between supply and demand in the residential real estate market, which contributes to lower prices and market stability in the long term.

The Royal Commission stressed that the platform aims to achieve a balance between supply and demand in the residential real estate market, which contributes to lowering prices and stabilizing the market in the long term. The Authority emphasized that the activation of the amendment or cancellation service reflects its commitment to developing the user experience and improving the efficiency of electronic procedures, giving applicants greater flexibility in managing their applications to suit their needs and changing circumstances.

The Royal Commission for the City of Abu Dhabi continues to develop the application process in a way that is consistent with urban planning. The Royal Commission for Riyadh City, through the Real Estate Balance Platform, continues to move forward in achieving its goals of enhancing the quality of life, enabling citizens to own housing, and building a more sustainable and organized urban society, based on the latest practices in land management and modern city planning.