Housing The offering of land to individuals has been stopped and it is satisfied with offering it to developers due to speculation

The Urban Communities Authority decided to stop offering lands to individuals and only offer it to developers, on a temporary basis, until the procedures related to organizing the offering are completed.

 

For his part, Dr. Walid Abbas, supervisor of the planning and follow-up sector at the Urban Communities Authority, said that the decision aims to prevent brokers from manipulating and trading in state lands, especially that there are speculations occurring on the lands that are offered by the Ministry of Housing in a large number of cities.

 

He added that what is meant by the decision is residential lands with small areas that are offered and were allocated to citizens through the lottery system, within the axes of social housing, the home of the homeland, the distinguished and the most distinguished.

 

He pointed out that the purpose of the decision is to regulate the process of construction and development in the new cities, as it has recently witnessed the spread of speculation operations as a result of the entry of a number of brokers to purchase lottery lands, which has affected the construction process and the main goal of offering these lands.