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Everything you need to know about the Real Estate Contribution Guarantee Account regulations

Reading time: 3 Minutesنشرت الجريدة الرسمية “أم القرى”، في عددها الصادر، يوم الجمعة، ضوابط حساب الضمان للمساهمات العقارية، الصادرة بقرار مجلس إدارة الهيئة العامة للعقار رقم (ق/م/إ/هـ/2 /2024/ت) ... Read more

Umm Al-Qura publishes the rules for opening and managing the escrow account and disbursement conditions for real estate contributions.

17/02/2024

Public Authority for Real Estate - Off-plan Selling
Residential program

Details... Riyadh Secretary launches alliance to develop real estate projects in the capital

50% partnership between Riyadh Development Company and FTG to manage a fund that will invest in a tower project in Wadi Wadi worth more than SAR 3.5 billion.

“Zakat” invites organizations to submit VAT returns for the month of November

A reminder of the December 31 deadline for establishments whose annual supplies exceed SAR 40 million to avoid late penalties.

Saudi Arabia participates in the 41st session of the Council of Arab Ministers of Housing and Construction in Algeria

A Saudi delegation headed by Undersecretary of the Ministry of Municipalities and Housing Abdulrahman Al-Tawil participates in the 41st session of the Arab Housing Conference in Algiers.

Saudi Contractors Authority

Video... Saudi Contractors Authority organizes the Contracting Excellence Awards 2024

The ceremony was sponsored by the Minister of Municipalities and Housing and included 16 awards to honor excellence, promote innovation and develop competencies in the contracting sector.

To protect beneficiaries Riyadh Municipality launches “Teeqan” service to verify building data before purchasing them

The service allows access to building licenses, occupancy certificates, and violations to ensure transparency of transactions

Territory

Riyadh Municipality continues to invite owners to obtain fencing permits for vacant land within the capital

Encouraging owners to issue permits electronically to reduce waste and encroachment and improve the urban landscape as part of Vision 2030.

“Tanmeyah begins disbursing compensation to owners of properties expropriated for the New Square project

Disbursement of compensation to owners of properties expropriated for the New Square project has begun with scheduled appointments at the Riyadh branch, for inquiries 8001210020

Abdul Elah Al Mana Business Community Ceremony

Business Community Gala 2024: The starting point for partnerships and investment opportunities in 2025

The event brought together business leaders to strengthen relationships and build partnerships and investments that support the goals of the Kingdom's Vision 2030.

Ministry of Industry logo

Ministry of Industry issues more than 38,000 certificates of origin last month

The service covers four models of certificates of origin, targeting industrial and commercial establishments and individuals, and is available online.

Ministry of Municipalities and Housing - Group Housing Requirements

“Municipalities and Housing” launches a new package of model contracts for the municipal and residential sectors Details

الحزمة تضم 26 نموذجًا استرشاديًا متاحة مجانًا على منصة بلدي أعمال لتوحيد العقود وتقليل النزاعات.

Public Authority for Real Estate Taysir Al-Mafraj

Real Estate Authority spokesperson explains: How to avoid becoming a victim of real estate fraud

Al-Mufaraj identifies fraud indicators, explains the platform's two query features, and offers four practical tips.

Off-plan real estate projects

Infographic: What are the terms of real estate brokerage contracts?

Public Authority for Real Estate emphasizes the importance of signing brokerage contracts and clarifies their basic clauses to protect rights and promote transparency

Infographic: Who is required to issue a building compliance certificate?

Checking via Baladi app map to see if a building is bound by a certificate of compliance and the necessary conditions

Shura Council

Shura Council calls on the Real Estate Fund to expand the mortgage profit reduction program

He called on the fund to develop a self-construction product, study the rescheduling of mortgage loans after retirement, and coordinate to adopt modern construction methods.

Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

Direct lending beneficiaries before 2017 to receive up to 24% discount on early repayment

It includes full or partial payment provided there are no overdue installments and application via the online portal.

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