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Ministry of housing to finish the sorting of the second batch of “Housing” soon

Saudi Arabia - September 1, 2015
Ministry of Housing

The Ministry of Housing announced the imminent announcement of batch II of the beneficiaries of the residential support “housing” where reliable sources said that the ministry is currently screening applicants who have logged their data through the portal.

The consideration of applicants through the portal came after an increasing demand especially after the ministry has selected 700 thousand of persons entitled to housing support for various forms of housing units, lands and loans.

The sources also attributed the reasons for the sorting delay due to the rarity in residential products that meets the needs of the beneficiaries.

They also noted that with the cooperation with the private sector and considering the apartments as a product of the ministry as well as follow-up rounds of the projects which are currently being implemented along with the Real Estate Development Fund programs, the Ministry will be able to finish the sorting of the second batch within a short time.

 

Source: nsemnews.co

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