• Offering of a competitive tender for the sale of land in the AlMajd Participation Scheme in the city of Ar Rass, in the Qassim region.

    22/01/2024

    ​Gentlmen/ Members of the Chamber

    Greetings,

    Asharqia Chamber extends its warmest greetings to you and informs you of receiving a letter from the Saudi Chambers Union, number (45103000), dated (6/7/1445 AH). The letter refers to the General Real Estate Authority's letter, number (2374), dated (4/7/1445 AH), regarding the contribution of Mudh Residential Scheme associated with/ Ismael Real Estate Offices. This concerns the land with document number (271), dated (24/9/1424 AH), registered with the Real Estate Contributions Committee.

    Based on the Cabinet's decision number (130), dated (7/5/1429 AH), forming the Real Estate Contributions Committee, and Cabinet Decision number (48), dated (14/2/1430 AH), approving the working mechanism of the Real Estate Contributions Committee, and Cabinet Decision number (297), dated (13/7/1435 AH), amending the working mechanism of the Real Estate Contributions Committee.

    The committee is currently in the process of selling the contributed land and aims to provide a greater opportunity for investors to apply to purchase the contributed lands it manages. This is in line with the letter from the Director-General of Education in the Qassim Region, number (4500687092), dated (20/6/1445 AH). The letter indicates that the piece to be sold by the committee is an educational facility within a new and growing development plan.

    Details of the competition for sale, to be conducted through direct sales, can be accessed through the following link or by scanning the QR code below (http://go.ac.sa/4a5). This allows interested parties to submit their purchase offers.

    Sincerely 



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