Saturday, 25 Mar 2023
Foundation stone laid for 1,000-unit housing project

Foundation stone laid for 1,000-unit housing project

The occasion was held in the presence of H E Sheikh Saif bin Mohammed al Shabibi, Minister of Housing and H E Talal al Rahbi, Deputy Secretary General, Supreme Council for Planning.

The project is the very first-of-its-type in the sultanate, aiming to offer about 1,000 housing units – from apartments to villas – to citizens in Muscat and South Batinah. It will see building of mosques, parks, a sports stadium, well being and industrial centres. The project aims at high quality housing in integrated neighbourhoods at affordable rates, as nicely as stimulating the economy and lowering government spending by involving the private sector.

H E Rahbi mentioned, “The residential project will reduce the waiting list for those seeking plots. This model will provide good accommodation at a reasonable cost and in an urban setting. “Units will be available for citizens who are eligible to receive plots subject to meeting certain terms that regularise the ownership of houses in this project. The Ministry of Housing is currently working on ownership rules for such housing units. SCP and the Ministry of Housing will discuss the provision of plots in various governorates for future residential neighbourhood projects.”

H E Shabibi added, “The Ministry of Housing has identified a quantity of web sites in some governorates and research will be performed to launch comparable projects.

“We have already identified a new location in Muscat and will present it to developers to develop it. We will establish new residential neighbourhoods in other governorates according to the number of applications submitted in each governorate.”

Information Source: Muscat Daily

Check Also

Face masks out of stock in Muscat pharmacies

Pharmacies in 19 currently sweeping the world.