Gulf News
المملكة: Housing support… 4 conditions that must be adhered to after allocating free land
Identified the support initiative "residential"The conditions that must be adhered to after allocating free land from the Ministry of Municipalities and Housing, with the aim of enabling Saudi families to own their first homes.
The conditions were as follows:
- The electronic contract for the land must be signed within 48 hours of reserving it, via a text message sent to the beneficiary on his mobile number registered in my residence.
- Issuing a building permit through the Baladi platform and uploading it to the Sakani platform within 6 months.
- Start construction within 6 months if the land is marked, and within a year if the land is not marked.
- Completion of construction within a maximum of 3 years.
Enabling housing
The housing program explained the details of the program "Enable"which is the latest solution And the financing benefits provided by the Real Estate Development Fund within the housing support program, which aims to Enabling the financial beneficiary to own adequate housing in order to achieve the objectives of the housing program, one of the programs of the Kingdom’s Vision 2030.
Program advantages
Extending the real estate financing repayment period to 30 years for program beneficiaries "residential"
Most important objectives
- Enhancing the financing capacity of beneficiaries.
- Reducing the cost of Monthly installments.
- Enabling beneficiaries to obtain adequate housing.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
Follow Us
