Tuesday, 02 January 2024 12:17 GMT

Aqarat Takes Legal Action Against Several Developers


(MENAFN- The Peninsula) The Peninsula

Doha, Qatar: The Real Estate Regulatory Authority (Aqarat) has referred several real estate developers to the Public Prosecution for violating the provisions of Law No. (6) of 2014, as amended by Law No. (5) of 2023.

These violations included failing to deliver units on schedule and conducting real estate development work without a license.

Aqarat emphasises the necessity for all developers to adhere to the laws and regulations governing the sector, thereby ensuring the protection of investors' rights.

These measures are part of Aqarat's ongoing efforts to strengthen compliance with real estate development regulations by all parties, thereby enhancing market stability and supporting its sustainable growth.

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The Peninsula

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