In a special statement to ”Amlak” ... Executive Director of Rakaz Real Estate ..: We developed Al Qandil plan according to the latest international specifications

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Plan auction announced next May and a surprise awaits investors

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The Executive Director of Rakaz Real Estate Company, which owns the Al-Qandil scheme in Makkah, Engineer Ehab Rahma, in partnership with Amlak National and Ajlan & Brothers, revealed that the infrastructure works of the scheme are nearing completion after <span class="Apple-converted- has been provided with telephone services, lighting, water and sewage pipes, and all infrastructure supplies, as well as planting its lands with green spaces, taking into account the latest international specifications, taking into account the privacy of the Saudi community.

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Engineer Rahma said in an exclusive statement to Amlak that the plan, which has an area of (2,041,898 m2) is approved as a residential-commercial plan by the Makkah Municipality, where 75% of its area includes residential plots .space"> with 1438 pieces and 25 % for commercial with 497 pieces, as well as containing 24 schools and 15 mosques, and in order to ensure the recreational aspect for families, the plan included 13 parks with a total area estimated at (50. 179 square meters),179 square meters).

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Engineer Rahma explained that the plan is characterized by several advantages, most notably its proximity to the Makkah Mosque 8 km away, about (ten minutes from the Haram), as well as its strategic location between two main streets that are a few minutes away from the center of the plan, namely the fourth ring and the extension of Ibrahim Al-Khalil Street, and the plan is also characterized by the diversity of internal roads ranging in width between (Street 50, Street 40 and Street 32), in addition to its proximity to the metro station.

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About the date of the auction of the plan, the Executive Director of Rekaz Real Estate Company, Engineer Ihab Rahma, explained to Amlak that the company will reveal during next May the date of the auction on the Qandil plan, and the company is preparing a pleasant surprise for investors to be revealed at the time, indicating that the plan is the latest plan implemented on the highest and latest international specifications, not only at the level of the Western Region but also at the level of the Kingdom.