Wednesday 07/May/2025 – 12:33 AM
The Ministry of Housing provided facilities in paying the late financial dues by exemption by 70% of the value of the delay fines if the all arrears are paid, for housing, professional and administrative units, commercial stores and villas of the housing financing fund, for a period of 3 months as of 1/6/2025 until 31/8/2025, according to the publication of the Ministry of Housing.
The facilities reflect a clear strategic vision from the Ministry of Housing to advance the wheel of development, and it comes within the framework of the directives of the political leadership in order to lift the burdens on the shoulders of citizens.
The facilities also come in response to requests submitted by citizens regarding obtaining new facilities related to the fund’s financial dues, which provides an opportunity for the fund’s customers who wish to correct their conditions by setting clear and specific executive rules for the success of the facilities process, and consolidating economic stability.
Conditions for obtaining a discount of 70% of delay fines
The facilities are applied to housing, professional and administrative units, commercial stores and villas in which there are cases of circulating lawsuits or issued by an elementary ruling or appellate trading on the condition of full price payment in cash, in addition to paying all judicial and administrative expenses and any other expenses.
In the event of a judicial dispute raised by the customer against the fund, facilities do not apply to all judicial cases against the fund, and facilities do not apply to all units, villas and stores issued to them decisions to cancel or final rulings that are enforceable as the provisions of the real estate regulations of the fund are applied, as well as the decisions of the Board of Directors in this regard.
