Month: October 2023

Sales of 3438 residential units launched in Sidra Project in Riyadh

by
Sidra Residential Project Roshan

Reading time: < 1 MinuteROSHN Group, a project of the Public Investment Fund (PIF), has announced the launch of sales for the third phase of the Sidra Project, which will add 3,438 residential units to the 1,904 units offered for sale in the initial tranche of sales. David Grover, Group Chief Executive Officer, said: “At ROSHN, we are keen to develop concepts that reflect the quality of life standards in line with the aspirations of the community to meet ... Read more

Smart Buildings Technological solutions for energy conservation

by
Smart buildings

Reading time: < 1 MinuteWith the global trend towards sustainability, it has become necessary to search for technical solutions that contribute to rationalizing energy consumption and reducing the carbon footprint of buildings, which consume a lot of energy, whether they are residential buildings, commercial centers, or other buildings and facilities. Smart building technologies contribute to reducing the carbon footprint of buildings and minimizing their environmental impact by improving energy efficiency, and from ... Read more

Public Authority for Real Estate: Off-plan sales and leasing system supports the speed of ownership of projects

by
Public Authority for Real Estate - Off-plan Selling

Reading time: 2 MinutesThe General Authority for Real Estate confirmed that the new off-plan sale and leasing system contributes to the clear knowledge of rights, as it allows the buyer to own or lease quickly and creates a promising market that attracts investments, and the “off-plan sale and leasing system” has taken into account many aspects that accelerate ownership and benefit from the options offered ... Read more

With revenues of 1,172 billion riyals. The Ministry of Finance announces the preliminary statement for the FY2024 budget

by
Minister of Finance Mohammed Al-Jadaan - Real Estate Transaction Tax Executive Regulations

Reading time: 4 MinutesThe Ministry of Finance announced yesterday the preliminary statement of the budget for the fiscal year 2024, amid expectations that total expenditures will amount to about 1,251 billion riyals, and total revenues about 1,172 billion riyals, and it is estimated to record a limited deficit of about 1.9% of GDP, with continued work on raising the efficiency and effectiveness of spending and financial control, the sustainability of public finances, implementing economic and financial reforms, and achieving ... Read more

“More than 6,000 commercial cases resolved through a ”consensual platform"

by
Conciliation platform

Reading time: < 1 MinuteThe Reconciliation Center has completed more than six thousand commercial cases through the “Taradhi Platform”, away from lawsuits and court corridors, through easy and fast procedures, in line with the objectives of the “Activating the Reconciliation System” initiative, one of the initiatives of the National Transformation Program as part of Saudi Vision 2030. The reconciliation center provides reconciliation services through the digital platform “Taradhi”, and the center aims to spread ... Read more

“National Housing launches Azyan Buraydah project in Qassim as part of its September launches

by
National Housing Company

Reading time: < 1 MinuteThe National Housing Company (NHC) has launched Azyan Buraidah, one of the projects located in the Qassim region in Buraidah, as part of a series of projects developed by the company in cooperation with Ibn Jarallah Trading and Contracting Company, to pump more residential projects with comprehensive development to meet the aspirations of families and contribute to increasing home ownership. The project consists of 185 villas of various sizes and consists of ... Read more

Qualifying Developers and Stimulating Real Estate Development at the “Tabuk Chamber” Meeting”

by
Tabuk Chamber

Reading time: < 1 MinuteThe Chamber of Commerce in the Tabuk region organized an introductory meeting on stimulating real estate development for off-plan sale or lease projects, in cooperation with the General Secretariat of the Wafi Off-plan Sale or Lease Committee (Wafi). The meeting dealt with several topics, most notably the definition of the Committee for Sale or Leasing on the Map, the criteria for qualifying real estate developers for off-plan sales projects and the incentive products for the real estate developer ... Read more

To provide 2783 plots of land. The Municipality of the Holy Capital approves the “Roshan Plan”

by
Municipality of the Holy Capital - Building Violations

Reading time: < 1 MinuteThe Municipality of the Holy Capital has approved the Public Investment Fund's Roshan plan, located on the Prince Mohammed bin Salman axis (Makkah-Jeddah highway), which will be implemented on an area of 2,577,496 m2. The plan provides (2783) residential and commercial plots, within the framework of enhancing the real estate supply, enabling citizens to obtain suitable housing, improving the urban environment, and enhancing the quality of life, to ... Read more

© 2025 Amlak Real Estate Newspaper | All rights reserved.