Riyadh municipalities finalize housing projects

The Ministry of Municipalities and Housing signed agreements with landowners and companies to develop four residential projects in the Al-Arid and Al-Narjis neighborhoods of Riyadh. The aim is to transform raw lands into integrated developments comprising diverse housing units, thereby increasing real estate supply and meeting market needs. This initiative is part of Saudi Vision 2030 to promote homeownership, focusing on strengthening partnerships between landowners and developers to improve land utilization efficiency, expand housing options, and support sustainable growth of the real estate sector in the city.

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