(MENAFN- Muscat Daily) Muscat- The Ministry of Housing has allotted 17,447 plots across the country in the first five months of 2018, up by 32 per cent over the same period of last year. With a phenomenal growth in allotment of plots, the housing sector is expected to prop up in the coming months.
According to the monthly statistics released by the National Centre for Statistics and Information (NCSI), residential housing plot allotment in the Governorate of Dakhliyah rose by 18.1 per cent to 3,794 from January till May, 2018, compared to 3,213 residential plot allotments in the same period of 2017.
Housing plot allotments in the governorates of Muscat and Dhofar increased by 14.7 per cent and 1,104.2 per cent to 1,377 and 867 plots, respectively, during the five-month period of 2018. In addition, allotments rose by 150 per cent and 103.1 per cent to 1,400 plots and 2,781 plots in the governorates of South and North Sharqiyah, respectively. The Governorate of Dhahirah witnessed a 688.9 per cent growth in plot allotment at 3,211, while the housing allotment in Governorate of Al Wusta declined by 48.3 per cent to 424 plots, shows the report.
Plot allotments in the Governorate of North Batinah rose by 144.3 per cent to 513, while it declined by 28.4 per cent in the Governorate of South Batinah to 3,003 during the five-month period under review.
Residential plot allotments were down by 78.90 per cent in the Governorate of Buraimi (68 plots), whereas it fell by 99.1 per cent in Musandam governorate (eight). The Ministry of Housing had allotted 30,995 plots for housing in 2017.
MENAFN2106201801410000ID1097053222
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.