Saudi Ministry of Housing to approve home plans in 60 days
Itmaam centre's programme part of ministry's mandate to raise citizen home-ownership in line with Vision 2030 goals
Saudi Arabia’s Ministry of Housing said its developer services centre, Itmaam, had started implementing a programme to approve housing plans within 60 days, in line with a directive issued by HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defence of Saudi Arabia as part of the Vision 2030 economic diversification mandate to raise home-ownership within Saudi Arabia’s citizens.
An agreement has been signed with Saudi Arabia’s Ministry of Municipal and Rural Affairs to support the expedited approvals programme, with the aim of accelerating urban development in Saudi Arabia.
Itmaam’s programme is expected to raise real estate investment in the kingdom, and incentivises developers through the provision of electronic platforms to save resources and facilitate housing procedures smoothly, the housing ministry said in an Arabic-language statement.
General supervisor of Ministry of Housing’s real estate development agency, Mamdouh Al-Sharhan, said the agreement would ensure various agencies concerned with real estate development in Saudi Arabia worked together to deliver the aims of the country’s leadership.