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The Ministry of Housing revealed that it was looking to start self-construction during the coming period. Al-Iqtisadiya learned that the ministry would start working on the self-build program for its beneficiaries. For its part, the official spokesman of the Housing Ministry, Saif al-Suwailem, said that citizens who bought houses on the date of issue of the royal order on January 5 and who were carrying Value Added Tax Launched by the Ministry a few days ago 9003.] The spokesman pointed out that the proof of payment of the tax and the first act of housing should be attached, provided that the price of the 39, compensation does not exceed 42.5 thousand, or 5% of the value of 850 thousand riyals. Within a maximum period of 30 days from the date of submission of the application and issuance of a VAT State Property Certificate.
While the spokesperson did not disclose the candidates to the VAT electronic portal, Beneficiary, pointing out that the registration on the portal does not mean The submission of tax compensation is a second step which occurs after the registration, indicating that yesterday, no compensation claim has been filed for VAT.
For his part, Mohammed al-Ghazwani, Undersecretary of the Housing Ministry for real estate development on the sidelines of the seventh installment of the "Residential" campaign 2018 yesterday in Riyadh, that housing in partnership projects with the private sector within the program "Residential" and the prices of about 850 to 900 thousand riyals, exceeding the price set by the Ministry of 750 thousand riyals, were part of the projects developed on the territory of the sector Because of the great size of these units.
He reported that the project aims to provide residential units and realize the desires of beneficiaries, highlighting the presence of four projects in the city of Riyadh currently, and some of them are in the neighborhood of 39, Al-Rimal, as the Annan residential project.
"Housing" new housing option is the loan to "buy a ready-made housing market" for those who are on the waiting lists are not allocated to them and enjoy housing options at the 39, advance, while confirming that Value Added No more than 850,000 of the value of the first housing "is available to all citizens who wish to own the first house, that they are beneficiaries of the Ministry of Housing and Real Estate Development or others.
The Ministry of Housing and Development Fund continued to announce "Residential," yesterday announced the details of the seventh installment of the total housing and financing options up to # 39 to 25048 includes housing units ready and under construction in partnership with qualified real estate developers, free land and real estate loans supported by the Real Estate Development Fund in partnership with For banks and financial institutions, bringing the total of what has been announced since January up to this month to option 153991.
The Housing Ministry said at a conference of press held yesterday in Riyadh that its new residential option Ready-to-sell ", allows beneficiaries enrolled on the waiting lists of the Ministry of Housing who wish to take advantage of this option to register their wishes via the residential portal .
All registered applications will be processed and verified as their owners do not have a previous residential option in addition to matching
These steps are part of the provision of more options, Citizens will be able to obtain adequate housing that meets their needs and commensurate with their capabilities, bringing the proportion of the property to 60% by 2020 and 70% by 2030 according to the objectives of the housing program.
B The added value of 850 thousand of the value of the first housing "has an effective role in lightening citizens and facilitates access to housing, noting that the portal (vat.housing.sa) is available to all citizens wishing to own the first house, that they are beneficiaries The Ministry of Housing and Real Estate Development Fund or others, through which they can issue a certificate of "VAT" according to electronic procedures characterized by clear and easy.
On the details of the housing options of the seventh installment of the program "Residential", That its housing units This lot targeted in particular the area of Makkah and the number of 8200 dwellings, this which indicates that the "residential" program is intended to provide units in all regions with a focus on densely populated areas experiencing higher demand for housing support.
The residential units provided by the program are characterized by the quality and variety of models and designs between villas and apartments, priced between 250 thousand and 750 thousand riyals, to meet the wishes of different social groups. , 1477 in Asir, 989 in Qassim and 717 in Azan, and 669 in the East, 500 in Medina and 125 in the courtyard.
Al-Ghazwani pointed out that the "residential" program continued during the last period of delivery of prefabricated housing and free land for beneficiaries. "Residential" in several cities, governorates and centers, highlighting the continuity of deliveries during the coming period.
He reports that exhibition projects under construction with qualified real estate developers of the company are experiencing an increase in bookings rates. 50 thousand different housing units were started for
Khalid Al Amoudi, General Supervisor of Real Estate Development Fund, confirmed that this installment of 8300 mortgages covering all areas of the Kingdom on the basis of waiting lists Most from among them came to Riyadh with 2190 loans, followed by Makkah with 1,346 loans and East Bank with 1,014 loans, highlighting the Fund's concern to provide beneficiary-tailored solutions through a range of services and services. equipment such as Know Your Role. Real estate in case The availability of the beneficiary, in addition to housing support for military personnel in the service.
Al-Amoudi explained that the real estate fund through its partnership with banks and financial institutions wishes to provide all the options to the beneficiaries, they can obtain the loan to buy prefabricated units As well as financing the existing loan, in order to serve all categories of waiting lists and thus help speed up their use of loans. At the end of the conference, the Ministry of Housing signed an agreement with King Abdullah Economic City to implement eight thousand homes for beneficiaries of the "Residential" program.
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