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This type of land will be subject to fees within 140 residential neighborhoods in Riyadh

Noah by Noah
December 15, 2021
in World
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This type of land will be subject to fees within 140 residential neighborhoods in Riyadh
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The White Land Program announced the start of implementing the second phase of fees in the city of Riyadh, after completing all the necessary regulatory procedures, and according to the results of population and economic studies conducted by the program in cooperation with the relevant authorities. The city of Riyadh in order to achieve a balance between supply and demand, and to provide residential lands at reasonable prices.

The program explained in a press statement today that the second phase of fees will be applied in conjunction with the first phase to include more than 140 residential neighborhoods in the city of Riyadh according to the approved map and scope, targeting the developed lands of one or more owners with an area of ​​10,000 square meters or more, or the total developed lands for the owner One with an area of ​​10,000 square meters or more in one approved plan within the specified urban zone.

The program is expanding in The target area of ​​the city of Riyadh, to implement the first and second phases in additional neighborhoods in the same city, after the results achieved by the first phase during the past years, which resulted in the development of more than 102 million m2 by its owners and others under development or entered into the real estate supply.

The first phase also recorded the disbursement of more than two billion riyals of fee revenues to develop infrastructure, deliver services to more than 80 housing projects, and enable more than 185,000 Saudi families to obtain residential units and lands, bringing the total areas of land registered in the program to more than 500 million square meters in Riyadh. And Jeddah and the metropolis of Dammam and Mecca, and the issuance of 8000 payment orders since the beginning of the program.

The program witnessed support and attention in order to achieve its goals that serve the citizen and the sector in general, including the approval of the Council of Ministers to amend the list of white lands fees, to include 3 operational stages, namely: undeveloped lands with an area of ​​10,000 square meters or more within the scope determined by the Ministry in the phase The first, developed lands with an area of ​​10,000 m 2 or more, developed lands for one owner with an area of ​​10,000 m 2 or more in one scheme in the second phase, developed land with an area of ​​5,000 m 2 or more, and the total developed lands for one owner with an area of ​​10,000 m 2 or more in One city in the third stage.

The amendments also included the possibility of applying more than one stage in one city, in addition to the ministry conducting a periodic review of the situation in any city to decide the application of fees on the lands there, or suspending it, or applying one or more stages to bypass a certain stage and move to the next stage in the same city, in addition to issuing an order Sami Karim decrees that the bills of white land fees are contracts, privileges and penal papers according to the state’s revenue system.

It is noteworthy that the program announced earlier its expansion plan to include new cities, including Medina, Taif, Asir metropolis, Jazan region, Tabuk, and Al-Ahsa, to extend to other cities with the aim of strengthening the real estate development sector. The online portal for that.

Tags: feeslandneighborhoodsresidentialRiyadhsubjecttype
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