Deputy Minister of Municipalities and Housing: Transformation of the real estate sector focuses on efficiency and clarity of procedures

Al-Hashani confirms the real estate market's transition to an organized model based on efficient performance and clarity of procedures to enhance sustainability and investment attractiveness.

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<His Excellency the Deputy Minister of Municipalities and Housing, Mr. Ehab bin Ghazi Al Hashani, stressed yesterday that the transformation of the real estate sector in the Kingdom is based on raising the efficiency of performance, improving implementation methods, and clarity of procedures, which contributes to achieving sustainable growth based on clear regulatory frameworks and enhances the stability of the real estate market, he said during his participation in a panel discussion during the fifth edition of the Future of Real Estate Forum, where he explained that the real estate sector is witnessing a transition from working with individual solutions and exceptions to an organized executive model based on specific systems and procedures that contribute to improving the business environment and raising the attractiveness of the sector for investment and financing.

The real estate sector is witnessing a transition from individual solutions and exceptions to an organized executive model based on specific systems and procedures, which contribute to improving the business environment and raising the attractiveness of the sector for investment and financing. <His Excellency the Deputy Minister of Municipalities and Housing pointed out that the expansion of the housing sector was achieved by moving from separate projects to an integrated system that includes land, licenses, standards, financing, and implementation, stressing that clarity of procedures, availability of land, adherence to timelines, and clear exit mechanisms are key elements in enhancing investor confidence. His Excellency pointed out that municipalities are no longer only service organizations, but have become active parties in economic development and investment, supported by clear regulatory tools that contribute to the development of cities and raise their efficiency and sustainability.

His Excellency pointed out that municipalities are no longer just service organizations, but have become active parties in economic development and investment.

Hashani stressed that quality of life is a long-term approach to improving the urban environment, noting that growth in the real estate sector is inherently sustainable, with major events accelerating but not driving it, with a focus on enhancing confidence and clarity of vision to ensure market stability.

Hashani stressed that quality of life is a long-term approach to improving the urban environment. It is noteworthy that the Future of Real Estate Forum 2026 in its fifth edition is being held in the capital Riyadh, under the slogan “Horizons expand and real estate thrives”, under the patronage of His Excellency the Minister of Municipalities and Housing and Chairman of the Board of Directors of the General Authority for Real Estate, Mr. Majid bin Abdullah Al-Hogail, with wide international participation, and accompanied by a specialized real estate exhibition that reviews the latest real estate technologies, sustainable building materials and digital solutions, as well as a platform to sign a number of agreements and memorandums of understanding.

The Forum will be accompanied by a specialized real estate exhibition.