(MENAFN- Muscat Daily) Muscat- The registrations for the sale and purchase of commercial and industrial real estate would be done only through registered real estate brokers, the Ministry of Housing announced on Sunday.
'We want everybody to know that registration available at the ministry venue for commercial and industrial sale registration, now will only be done through a registered broker and it will be done only online,' Siham Ahmed al Harthi, director general of real estate development at the Ministry of Housing said while interacting with media persons in her office.
She said that a list of all 160 registered brokerage houses is available on the Ministry of Housing's website. As the number of brokerage houses is increasing, the list will be updated on a regular basis, she added.
'The new arrangement is aimed at streamlining real estate activities in the sultanate. We are still getting a large number of visitors for registrations and the new system will help in reducing the numbers,' Siham said.
'We are working towards putting the list on map, so that people could see which broker is near to their location,' she added.
Siham, however, added that registration of residential properties will continue to be done at the ministry venue for the time being due to various reasons.
MENAFN1510201801410000ID1097570108
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.