Doha: The Ministry of Municipality and Environment’s (MME) recent implementation in the amendments to the building permit systems, which focuses on the use of electronic system for obtaining permits and the need for certificate of construction completion and service delivery procedures, is expected to prompt highs in building and construction during 2020, Ezdan Real Estate has said in its latest report.
According to the authorities, the procedures will include consolidating the permit procedures process for the site boards, as well as cancelling “Kahramaa” inspection at the stage of building completion (only applicable on warehouses) and billing fees for delivery of “Kahrama” services in the first bill (only applicable on warehouses).
The amendments shall also include cancelling inspection of telecommunications service providers at the stage of building completion, and other additional amendments which promote the electronic system of licensing for building projects in Qatar.
The report highlighted that the volume of sales registered from January 26-30, 2020 by the Ministry of Justice’s Real Estate Registration Department stood at 91 real estate sales deal, worth QR307.3m. The real estate deals were closed across 7 municipalities including Umm Salal, Al Khor, Al Thakhira, Doha, Al Rayyan, Al Shamal, Al Daayen and Al Wakra. The deals entailed vacant land plots, accommodation buildings, multi-use buildings, and multi-use space.
Al Rayyan Municipality ranked first in terms of the highest deal value by selling a 5,528sqm house in Al Waab, at QR48.7m, accounting for QR818 per square foot. The real estate activity during this week has not witnessed any exceptional property sales that may contribute to raising the total value of real estate sales index.
However, Al Shamal Municipality witnessed one real estate deal and is considered the lowest by value throughout the week, for a 490sqm vacant plot of land in Al Ruwais area, with an extremely low average price of QR127, totaling QR670,000, the report added.
