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English news

14-Feb-2016

Housing Ministry to launch sale of 21,307 residential land plots

The Ministry of Housing is planning to launch the sale of 21,307 residential land plots, in a public auction, with sizes ranging between 209 sqm and 1,500 sqm per plot. This represents phase one of a wider plan to offer a total of 60,000 units, with a total area of 35 million sqm, in new cities. 10,981 plots will be under the government’s social housing programme, while the remaining plots will be targeting higher-income brackets. Infrastructure works are underway for phase one. (Al Mal)

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