{"id":65247,"date":"2024-05-07T18:25:17","date_gmt":"2024-05-07T15:25:17","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=65247"},"modified":"2025-11-26T04:00:06","modified_gmt":"2025-11-26T04:00:06","slug":"%d8%a8%d8%af%d8%a1-%d8%a7%d8%b3%d8%aa%d9%82%d8%a8%d8%a7%d9%84-%d8%b7%d9%84%d8%a8%d8%a7%d8%aa-%d8%aa%d8%b1%d8%ae%d9%8a%d8%b5-%d8%a7%d9%84%d9%85%d8%b4%d8%a7%d8%b1%d9%8a%d8%b9-%d8%b9%d9%84%d9%89-%d8%a7","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/65247\/","title":{"rendered":"Start receiving applications for off-plan project licenses through the Real Estate Authority's platform"},"content":{"rendered":"

Announced Public Authority for Real Estate<\/a><\/strong>today announced the start of receiving applications for licensing off-plan projects through the Authority's e-platform, in accordance with the Selling and leasing off-plan real estate projects<\/a> <\/strong>Promulgated by Cabinet Decision No. 196 dated 1445\/03\/04 AH and its approved executive regulations published on the Authority's website.<\/p>\n

The Authority stated that the license to practice off-plan sales and leasing contributes to regulating the activity and limiting violations in Real Estate Development<\/a><\/strong> Off-plan, increasing the supply of commercial, residential, industrial, tourism, and other real estate products.<\/p>\n

She added that the system is one of the financing channels for real estate developers, a key enabler of the real estate market and raises the reliability of the sector through the governance guaranteed by the system.<\/p>\n

The Real Estate Authority called on all real estate developers wishing to benefit from the system to apply for qualification - if not previously qualified - and obtain the necessary licenses to practice the activity through the electronic platform that has been allocated to receive applications for qualification and licensing for off-plan projects of various types and forms.<\/p>\n

According to the licensing requirements, the applicant must pass the qualification program approved by the Authority and submit a feasibility study of the project, including the estimated financial, construction, and marketing data of the project, the expected financial and administrative expenses, the duration of delivery of units and the expected sources of financing, and provide evidence of the real estate project's compliance with the statutory requirements for building permits, engineering plans, and architectural designs.<\/p>\n

To view the provisions of the executive regulations of the off-plan real estate sales and leasing system, click\u00a0here<\/a>.<\/strong><\/h2>","protected":false},"excerpt":{"rendered":"

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