Distribution of 6,800 housing units underway in Bahrain

TDT | Manama                                                       

The Daily Tribune – www.newsofbahrain.com

The Housing and Urban Planning Ministry has continued the distribution of 6,800 housing units to the beneficiaries of the Salman, East HiIdd and East Sitra cities.

The Ministry also continued the disbursement of housing financing to the citizens. The housing services are being distributed to the beneficiaries based on the directives of His Majesty King Hamad bin Isa Al Khalifa, and the order of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

In a statement, the Housing and Urban Planning Ministry said that the distribution of the 6,800 units will continue until the end of February, 2024, noting that after the electronic draw on the housing units, the beneficiaries sign the owner-ship contracts, finalise the required legal procedures and then receive their units’ keys.

Regarding the financing schemes, the Ministry indicated that the beneficiaries receive the financing option they choose, including Tas’heel Aqari”, “Tas’heel Al Bait Al Oud” and “Tas’heel Ta’awon”, or ” Mazaya”, the newly launched category.

The Ministry indicated that the number of those applying for housing financing schemes through its website is growing steadily, as those schemes are flexible and offer a wide range of options.