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Housing: Next August, the deadline for receiving the lands of the Bait Al Watan project in various new cities



Eng. Mohamed Anwar Hilal, Vice President of the Urban Communities Authority for Real Estate and Commercial Affairs, confirmed that the period set by the Urban Communities Authority Board of Directors for the Barrier of the Land of the Home of the Nation project to receive their lands in the month of August is due to expire, in order to facilitate the clients and take into account the pandemic conditions. Corona.

 

He explained that the 5-year period specified for implementation shall start from the date that the land is ready for receipt, and in accordance with the following conditions: That the plot of land is vacant and has not been allocated to others, and any issues brought to the authority or city body in this regard are waived, and any sums due on this matter shall be paid. The plot of land from the date that the land is ready for receipt is loaded with burdens from the date of maturity until the date of payment, before receiving, and the remaining period for implementation is not less than 3 years from the date of receipt including the issuance of licenses, and these facilitations do not entail any carryover of installments.

 

The Board of Directors had approved the allocation of a plot of land with an area of ​​1613 square meters in the seventh district service center in the Beit Al-Watan project, and a plot of land with an area of ​​3824 square meters, in the East Lotus area next to the plot No. Exchange them, according to the sale system in accordance with the applicable financial and accounting rules, and after paying the financial dues resulting from the use of part of those lands, under the usufruct system.

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