Al Bilad newspaper 10,000 units in the housing finance exhibition and virtual tours available on the (Bayti) platform – 2024-02-16 18:37:55

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Thursday, February 15, 2024


Participants in the Housing Finance Exhibition in its third edition confirmed the availability of a large and diverse base of financing offers and housing projects that are considered favorable opportunities for citizens to obtain housing services within a short period, and they highlighted the importance of joint work between real estate companies to participate in the exhibition and the Baity Real Estate platform. bh), which contributes to diversifying housing options and solutions for citizens, as there are 1,774 units available in the Muharraq Governorate, 4,969 units in the Northern Governorate, 907 units in the Southern Governorate, and 1,614 units in the Capital Governorate.

The participants in the exhibition, including developers, real estate companies and banks, praised the interest of His Majesty King Hamad bin Isa Al Khalifa, King of the country, may God protect and preserve him, and the follow-up of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, may God protect him, in providing a decent life for citizens and their interest in the file. Housing permanently, and they indicated in special statements to Bahrain News Agency (BNA) that there are great efforts with rapid pace and tangible results for coordination between the government sector and the private sector in order to provide adequate housing through the efforts of the staff at the Ministry of Housing and Urban Planning and with the interest and follow-up of Her Excellency Mrs. Amna Bint. Ahmed Al Rumaihi, Minister of Housing and Urban Planning.

They indicated the availability of 10,000 different units ready for immediate use, offered by 28 companies with the presence of 8 commercial banks that provide exclusive services and special offers to visitors to the exhibition. They pointed out the availability of multiple housing options, including apartments, villas, and lands, some of which have technological techniques to make them smart, with the ability to control devices. The house and doors through phones and tablets, in addition to the advantages of future expansion, the use of roofs, the increase in the number of rooms, and other features.

Mr. Khaled Al Khaja, Senior Director of Sales and Marketing from the Housing Bank, confirmed the bank’s participation in the third edition of the Housing Finance Exhibition, which began on February 8 and continues until February 17 from 10 am to 10 pm, and indicated the participation of 28 companies providing 10,000 properties in line with the new housing finances from The Ministry of Housing and Urban Planning, with a presence that exceeded previous exhibitions, in addition to the participation of 8 banks that presented exclusive offers to citizens. He said that what is distinctive about organizing this exhibition is the embodiment of the partnership between the government and private sectors to provide appropriate housing options. He said that the Northern Governorate is the one in which the largest number of Offers.

Al Khaja also explained the importance of the (Bayti) platform, which provided digital solutions through artificial intelligence to provide a comprehensive platform that includes properties offered for sale in various governorates of Bahrain. He said that the platform is easy to use, and provides an interactive screen that displays and allows entry to the property virtually. It is a smart, interactive platform named “The Consultant.” The digital platform, which displays the platform and provides details of purchasing and benefiting from bank offers, making a monthly payment plan, specifying the monthly payment amount, and concluding with an explanation of the positive feedback from the platform that attracted citizens, as the platform that a distinguished Bahraini team worked on has proven its success.

For her part, Engineer Fatima Al-Sulaiti from the Urban Planning and Development Authority explained that the Authority’s participation is to provide all information about the property offered for sale in order to facilitate the usufruct process, and to provide the necessary information related to the division of the site and determine the zoning and regulatory requirements for reconstruction, including setbacks and the number of floors, in addition to the definition. With the electronic services provided by the Authority, 11 services were launched, including land division, classifications, inquiries about real estate, and others.

In turn, Mr. Talal Kamal, a sales coordinator at Naseej Company, which is considered one of the real estate developers participating in the Housing Finance Exhibition, said that Mr. Talal described the Real Estate Finance Exhibition as a very important exhibition as it enhances the partnership between the government and private sectors, and indicated the presence of a number of important and distinguished projects such as the development of a project. Basateen, Nasayem Arad, and Canal View on Dilmunia Island, in addition to the availability of apartments for investment in Dilmunia, the Nasayem Arad project, and the provision of three- and four-bedroom villas in addition to lands. He pointed out that there are a number of villas in Basateen, some of which are available and some of which have been sold, and there is another group in areas Different, citizens are very interested and ask about the services available in this exhibition, which brings together several parties in one place.

In addition, Zainab Muhammad, Director of Public Relations at Nasser Real Estate Agency, said that this is not the company’s first participation, as it offers exclusive offers to citizens, and also displays other properties through the (Bayti) platform, and noted that what is offered on the Baiti platform is a small number of the many available at The company, as there are other options not listed on the platform. The company also provides services for using residential apartments in attractive residential towers that provide vital facilities such as a health club, a children’s play area, and a public swimming pool for residents of the building or residential tower, which provides an attractive option for its residents, in addition to services. Others, such as apartments, villas, and lands in various locations, including Bu Quwah, Al Lawzi, Diyar Al Muharraq, Ras Hayyan, and others. She drew attention to citizens’ interaction with the exhibition, calling on everyone to visit companies and banks and see the services provided, especially since some offer exclusive offers through the exhibition.

In the same context, Batoul Abdullah, Managing Director at Majestic Real Estate Company, explained the importance of the exhibition and their participation in it for the second time in a row, and indicated the provision of a number of properties through the Bayti platform that are compatible with housing financing, and indicated that the prices are affordable for everyone, as the exhibition represents a great opportunity for citizens and companies, and the procedures Easy to have banks, companies and developers in one place.

As for Mr. Qasim Hassan, a real estate consultant at Delmon Gate, he explained the company’s participation for the third time in the third edition of the exhibition, as offers are available to the exhibition’s customers, with the possibility of recovering 8 thousand dinars immediately, and that there are lands starting from 44 thousand and villas starting from 105 thousand, with a number of 3 rooms available. And 4 rooms, which have encouraging specifications, and he praised the exhibition and the satisfactory and promising results of the exhibition as well.

Mr. Yousef Zuleikh from the sales department at Al Baraka Bank explained the bank’s participation in providing the necessary financing to citizens, and highlighted the uniqueness of the bank in providing a construction financing service that extends for ten years. He said that the exhibition organized by the Ministry of Housing and Urban Planning is very successful, and he praised everyone’s participation in providing A package of options and services for citizens. There is competition in providing services, and there are special offers and prizes amounting to a thousand dinars for the first 8 people to benefit from the services. He called on everyone to enter the comprehensive (Bayti) platform to benefit from all information related to benefit.

Finally, Mr. Ahmed Al-Makhlouq from Effect Real Estate Company, (a real estate appraiser participating in this exhibition), said that participating in the success of the housing initiative in organizing this exhibition and achieving its objectives requires the solidarity of all its participants, as it allows the presence of all parties in one place to present distinctive offers. He said that the company provides its special offers to citizens visiting the exhibition, and said that the prices of apartments are from 40,000, villas are from 90,000, and lands are from 49,000 in all areas of Bahrain, and all services are available through the distinctive and unique (Bayti) platform that provides 360 images of the property. degree, and there are virtual visits as well.

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