23 Hrs
Source:
عكاظ
Saudi real estate system finalized
The article discusses the decision by the Saudi Cabinet to transfer digital and operational services related to real estate documentation to the General Authority for Real Estate. The aim of this move is to build an integrated real estate system that includes data collection, platform unification, and simplified procedures. The article affirms that the primary goal of this change is to improve the efficiency of the real estate market, increase its reliability, and protect the rights of investors and buyers by enhancing coordination and integration among various entities and systems. It also highlights that this measure is part of a broader strategy aimed at re-engineering the entire real estate sector and making a significant leap toward institutional maturity, where markets are built on trust, clarity, and data reliability—factors that boost investment attraction and sustainable market growth.
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