White Land and Vacant Properties Fee Program confirmed that the completion of land development and construction leads to the suspension of the application of the fee, which contributes to promoting the optimal use of white land and supports the efficiency of its utilization within urban areas.

White Land and Vacant Properties Fee Program. The program explained that White Land Fees have an incentive character and aim to activate undeveloped land, achieve balance in the real estate market, and contribute to raising the supply of real estate products to meet the growing demand.

White Land Fees and Vacant Properties He pointed out that the initiative to develop land represents a more efficient economic option, as it contributes to maximizing the use of land and accelerating its employment in economic activity, as well as reducing the statutory obligations associated with the imposition of fees, which reflects positively on owners and the real estate market in general.