24/03/2015
East Chamber Head hails the Council decision
Alotaishan: the imposition of duties on white land is an important step to revive the real estate market
Praised the Chairman of the Board of East Chamber Management Abdulrahman bin Saleh Alotaishan the council decision to impose a fee on the white land in the interior residential areas, describing it as a supportive step to market the property, and will raise the level of participation in public life.
Alotaishan said that the Council recent decision will end part of the gap between supply and demand in the real estate market, which was a major cause of high prices in recent times, you will find that there are hundreds or even thousands of pieces of land is not sold and marketed, and not reconstruction , leasing and investmentand some owners refuse to sell the idea of the present, which contributed within a variety of reasons in higher prices, remained the center of the white pieces of houses and buildings, which contributed to the distortion of the outer shape of many of the charts ,, from here expect that this decision will contribute to resolving this problem, aswill put the white land for the public good.
Alotaishan believes that this decision will give an additional boost to the real estate market, especially since the decision prompt land in residential approved plans and the menu, which is served by schemes in full, the land where the ready-to-build and conversion of land space to homes or villas or commercial premises, to be an effective element in the processcomprehensive development, instead of leaving them in circulation among people without a land beyond the framework white.
The Chairman of the East Chamber said the first and last beneficiary of this step is the citizen, searcher for housing, where you will have the options in front of him and many offers of ready-to-build plots of land, served with all infrastructure services.
