A real estate consortium comprising Ajlan & Brothers, Al Jadeei Group, Al Noah Real Estate Group, Talal Al Ghoneim Group, and Abdullah bin Zaid Al Sulaiman Real Estate has successfully purchased the Dana Al Rams plan in Qatif for SAR 2 billion.
\nAjlan bin Abdulaziz Al Ajlan, Chairman of Ajlan & Brothers, said: \u00abWe succeeded in forming this conglomerate to buy land that is actually considered one of the most attractive residential and commercial sites in Qatif, which is characterized by an increasing and significant population growth. We are well aware of the requirements of the next stage on the entire real estate scene, this stage really needs to strengthen conglomerates and alliances in order to develop raw lands, as economic monitoring indicators have unanimously agreed on the need to raise the real estate stock of lands of all kinds. This matter fulfills the requirements of housing development companies, individuals, as well as investment development.\u00bb.
\nIt is noteworthy that the 3.7 million square meters Al-Rams plan is one of the largest plans in the region, and is characterized by a panoramic view of the Arabian Gulf coast with a frontage of about 4,000 meters and the most important and located north of the plans of Al-Nasra and Al-Zahraa in the city of Qatif, and approved with the number 3\/376 modified, and the company had started developing it several years ago, while the new conglomerate will work to complete the development of the plan with all necessary facilities such as live drainage, water network, electricity and telephone network, street lighting and asphalting and some afforestation and beautification works.<\/p>","protected":false},"excerpt":{"rendered":"
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