Month: December 2024

The General Authority of Real Estate holds the Real Estate Training Forum on December 30

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Real Estate Registration Authority Logo

Reading time: < 1 MinuteNext Monday, December 30, 2024, the General Authority for Real Estate will hold the “Real Estate Training Forum” at the Riyadh International Convention and Exhibition Center, with the aim of discussing the importance of training as a development process for the skills and capabilities of individuals and establishments in various real estate activities to enhance competitiveness locally and internationally. The Real Estate Training Forum comes within the framework of the Saudi Real Estate Institute's ongoing efforts to enhance the efficiency of ... Read more

National Water Company clarifies the benefits of water meter authentication

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Reading time: 2 MinutesThe National Water Company confirmed that the initiative to document water meters is characterized by ensuring that it is linked to the actual beneficiary, whether owner or tenant, and preserves his rights, helps him to manage all services associated with his account, in addition to contributing to the continuity of services provided to him, and enables the company to communicate directly with him and send notifications associated with his account. The company explained that meter authentication allows the actual beneficiary to ... Read more

How to document leases to protect rights and organize relationships

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Rent - Residential Contracts - Refunds

Reading time: < 1 MinuteDocumenting rental contracts is an essential procedure that guarantees the rights of the contracting parties, whether the landlord or the tenant. Through the Ejar online platform, contracts are officially documented, which helps prevent tampering and facilitates legal procedures in case of any future dispute. Documenting the contract strengthens the protection of rights and makes all legal procedures clearer in the event of ... Read more

Eighth Arab Housing Conference concludes in Algiers with key recommendations

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Reading time: 1 MinuteThe Eighth Arab Housing Conference, organized by the Algerian Ministry of Housing, Urbanization and the City in cooperation with the Council of Arab Ministers of Housing and Construction of the Arab League, concluded in Algiers. The three-day conference recommended giving importance to sustainable urbanization to achieve resilient and sustainable cities, unifying concepts, terminology and standards related to decent and affordable housing and creating a database for urban ... Read more

“Municipalities and Housing” solicits opinions on new requirements for transportation rental offices

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Ministry of Municipalities and Housing - Group Housing Requirements

Reading time: 2 MinutesThe Ministry of Municipalities and Housing (MOMH) has released the draft municipal requirements for transportation rental offices through the “Explore” platform, aiming to receive public feedback on them until January 2, 2025. These requirements aim to regulate the establishment and development of transportation rental offices in a way that fulfills the aspirations of individuals and society, and encourages investment in this sector. It also seeks to address multiple challenges, including: ... Read more

Saudi Real Estate Refinance signs an agreement to purchase a SAR 1 billion financing portfolio

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Reading time: < 1 MinuteSaudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund (PIF), has entered into a mega agreement to purchase a SAR 1 billion real estate finance portfolio from Bedaya Finance. The strategic move comes as part of the Kingdom's efforts to boost the housing sector and achieve the goals of Vision 2030. The signing ceremony was attended by senior officials, including the Minister of Municipalities and Housing, Majid bin Abdullah Al Haqeel, which ... Read more

With more than 160 million m2. “White Land Fees” achieves an increase in real estate supply

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White Land Fees Program

Reading time: 2 MinutesSince its launch, the White Land Fees program has achieved a quantum leap in increasing the real estate supply in the Kingdom, with the areas made available exceeding 160 million square meters in various regions. This growth reflects efforts to promote urban expansion and support the real estate market. According to a statement issued by the program, more than 75 million square meters of land has already been developed... Read more

Steps to delete and update individual data in the housing registry via Absher

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Reading time: 2 MinutesAs the Kingdom of Saudi Arabia strives to improve digital services and facilitate procedures for citizens and residents, updating and deleting residential data has become an essential part of ensuring the accuracy of official records. Whether you have moved to a new address or undergone a change in family composition, the Absher platform now allows you to update this data with ease. In this report, ... Read more

Residential program clarifies how to reserve new plots and self-build conditions

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Residential program

Reading time: 2 MinutesIn a move aimed at enhancing interaction with beneficiaries and providing innovative housing solutions, the Sakani program announced through its official account on the X platform the details of booking new lands and self-building requirements, making it easier for citizens to obtain their homes in a flexible and fast way. The program also explained how to benefit from housing support and the mechanism to follow up on the status of applications to ensure that everyone benefits from ... Read more

NHC President: We have contributed more than SAR 25 billion to the GDP and accounted for 60% of off-plan projects

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Reading time: 2 MinutesAs part of achieving the objectives of the Kingdom's Vision 2030, National Housing Company (NHC) seeks to enhance its leading role in the development of the real estate sector and the development of the national economy. In recent years, the company has witnessed qualitative leaps that have contributed to enhancing its economic and social contribution, with remarkable achievements and ambitious projects that shape the future of the real estate sector in the Kingdom. NHC's CEO, Mohammed ... Read more

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