Medina Board of Grievances refers revaluation to real estate offices

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<A number of real estate offices in Medina have started their work in revaluing the properties expropriated in favor of the project of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz - may God have mercy on him - for the great expansion of the Prophet's Mosque and the development of the surrounding areas. This is after the Administrative Court in Madinah used them to refer a number of cases of grievances against the valuation, which was approved by the Ministry of Finance for the owners of properties expropriated in favor of the project, during which they requested reconsideration of the value of compensation through a number of real estate offices in the city. According to information, the number of cases registered in the Administrative Court in Madinah regarding grievances against valuation decisions related to the Custodian of the Two Holy Mosques project to expand the Prophet's Mosque reached about 500 cases.

The number of cases registered in the Administrative Court in Madinah regarding grievances against the valuation decisions related to the project. <The real estate offices concerned with revaluation make a field visit to the sites, and then prepare a technical report that is referred to the Board of Grievances in Madinah, through which the price per meter in the expropriated property is determined. Dr. Mohammed Al-Khatrawi, president of the Chamber of Commerce and Industry in Medina, said that the Board of Grievances refers a number of compensation grievance cases to the Chamber of Commerce and Industry, which in turn refers them to the Chamber's Valuation Committee, which studies the case and prepares its report on the property and returns it back to the Board of Grievances. He added that the use of real estate offices or appraisers from outside the Chamber of Commerce is a new matter that we have never heard of before. The new procedure by the Administrative Court in Medina (Diwan Al-Madhalim) in referring cases to a number of real estate offices in Medina in the context of a new step to use people with experience in real estate valuation.