Reading time: 2 MinutesDeveloping a real estate project requires several key elements to ensure that the entire process runs smoothly and that all parties involved reap the benefits and profits. Perhaps the most important elements of the real estate development process are: – The specialized real estate developer The property buyer
Reading time: 2 MinutesReal estate contributions have been the subject of controversy in real estate circles whenever councils talk about stumbles or projects that did not succeed in fulfilling the wishes of shareholders
Reading time: 2 MinutesThe Cabinet's decision to approve the Real Estate Contributions Law has been widely praised and welcomed within the real estate sector, as Mr. Majid Al-Hogail, Minister of Municipal and Rural Affairs and Housing and Chairman of the Real Estate Authority, said
Reading time: < 1 MinuteThe service for checking building permits using an ID number is one of the e-services provided by the Ministry of Municipal, Rural Affairs, and Housing, through which citizens can check the status of building permits issued by the Ministry via the “Baladi,” where individuals and organizations in the Kingdom can search for building permits using their ID number electronically. Steps to check a building permit using an ID number … Read more
Reading time: < 1 MinuteThe National Housing Company (NHC) launched the Wa'ad program in its third edition 2023, in the presence of the Executive Vice President for Finance and Shared Services, Yazeed Al-Nafisa, and a number of leaders, at the headquarters of the Interactive Center in Khuzam, north of Riyadh.
Reading time: < 1 MinuteThe Real Estate Housing Incubator, in partnership with the Real Estate Data Platform, launched the first real estate search engine, “Reprin” (The Real Estate Brain) in conjunction with the launch of the real estate brokerage system at the start of the Hijri year. The platform provides details on the system and penalties for violators, offering access to up-to-date and accurate information in a simple and convenient manner.
Reading time: < 1 MinuteThe Independent reported that house prices in Britain have recorded their sharpest decline in 12 years, as the Bank of England warned of the grim impact of further interest rate hikes on the housing market. According to the British newspaper, average prices fell by 2.61% last month compared to a year earlier, according to the widely followed Halifax House Price Index, which removed … Read more
Reading time: 2 MinutesHossam bin Youssef Radwan, CEO of the Saudi Housing Guarantee Company (Damanat), confirmed that “Damanat” will work in the coming period to launch new financing products during the first quarter of next year, 2024, as part of ongoing efforts to achieve the objectives of the Housing Program—one of the programs under the Kingdom’s Vision 2030— Empowering beneficiaries of housing support programs Radwan explained in a press statement that the products … Read more
Reading time: 3 MinutesThe General Real Estate Authority announced the commencement of operations in real estate brokerage and services in accordance with the Real Estate Brokerage Regulation, which was approved by the Council of Ministers, and the grace period granted to real estate brokers to organize and rectify their status in accordance with the system ended yesterday. The system covers seven real estate activities for licensed entities, namely: real estate brokerage, real estate marketing, property management … Read more
Reading time: < 1 MinuteThe Real Estate Development Fund is one of the services provided by the Ministry of Municipal, Rural Affairs, and Housing to all citizens with the aim of providing support to ensure adequate housing for citizens, as well as financing for project development and efforts to improve individuals’ standard of living so they can lead a dignified life. Therefore, many citizens are interested in learning how to inquire about the Real Estate Fund 2023 in order to understand the extent to which… Read more
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