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Over than OMR 32 Million the Value of Real Estate Trading in Dhofar, North Al Batinah and Al Buraimi Last April
Over than OMR 32 Million the Value of Real Estate Trading in Dhofar, North Al Batinah and Al Buraimi Last April
Published Date : 30/05/2019 Visitors Count : 141

The Ministry of Housing confirmed that the value of real estate activity in the governorates of Dhofar, North Al Batinah and Al Buraimi during April of current year amounted to more than OMR 32,173,000, while the fees collected amounted to more than OMR 2 millions.

Eng. Mohammed bin Mubarak Al Jabri, Director General of Housing in Dhofar Governorate, said that the total value of real estate activity recorded during last April in the governorate amounted to more than OMR 9,913,000 while the fees collected amounted to more than OMR 322,000 through the execution of 1,451 legal transactions of sale, donation, inheritance, swap, mortgage, mortgage release, utilization and division.

Eng. Al Jabri added that the transactions of the sale contracts in Dhofar governorate recorded 266 contracts, while 91 contracts were made in mortgage, 84 in donation, 25 in inheritance, 12 in swap, 32 in mortgage release, 12 deed stamping contracts and 19 contracts in division, in addition to 14 contracts in utilization. Al Jabri pointed out that the total number of deeds issued during the month of April reached 896 title deed. The directorate planned 2 schemes in the Wilayat of Salalah providing 1,393 land plot of different uses.

At the end of his statement Eng. Mohammed bin Mubarak Al Jabri, Director General of Housing in Dhofar, concluded that that the Directorate completed 108 procedures in the implementation and planning follow-up section, 5,972 in the geographic information systems department,500 procedures in the engineering drawing section, and 502 in the survey section.

On the other hand, Eng. Hassan bin Sulaiman Al Salmi, Director General of Housing in North Al Batinah Governorate, stated that the value of the real estate activity in the governorate during April of current year amounted to more than OMR 18,948,000, while the fees collected were more than OMR 1,098,271, through the execution of 7,367 legal transactions, including sale, donation, inheritance, mortgage, mortgage release, utilization and division.

Eng. Al Salmi added that during the same period, 1,170 contracts were registered in sale transactions, while 276 transactions were registered in mortgage, 303 in donation, 312 in inheritance, 20 in swap, 73 in mortgage release, 31 contracts in deed stamping, and 27 in the utilization transactions. Pointed out that the total number of land plots issued during last April amounted 5,026 title deed. The Directorate planned 5 schemes in the Wilayats of Saham, Shinas and Liwa that provided 31 land plots of various uses.

Eng. Hassan bin Sulaiman Al Salmi, Director General of Housing in North Al Batinah Governorate concluded his statement saying that the directorate completed 1,866 procedures in the implementation and planning follow-up section, 156 procedures in the geographic information systems section, 2454 procedures in engineering drawing section, and 225 procedures in the survey section.

 

Furthermore, Eng. Khamis bin Saif bin Zahran Al AbdulSalam, Director General of Housing in Al Buraimi governorate stated that the value of real estate activity recorded during the month of April in the governorate amounted to more than OMR 3,311,000 while the fees collected amounted OMR 634,326 through the conclusion of 1,220 legal transactions of sale, donation, inheritance, swap, mortgage, mortgage release, utilization in addition to division.

Eng. Al AbdulSalam added that new transactions were registered in the governorate including 174 in sale contracts, 36 mortgage contracts, 83 in donation, 15 in inheritance, 6 in swap, 9 in mortgage release,1 in division and the registration of 58 utilization contracts. The total number of land plots issued during last April reached 824 title deed.

Eng. Khamis Al AbdulSalam, Director General of Housing in Al Buraimi concluded his statement stating that the directorate completed 156 procedures in the implementation and planning follow-up section, 69 in the geographic information systems department, 381 procedures in the engineering drawing section, and 521 in the survey section.