25 Jumada I 1446 - 26 November 2024
    
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Eye of Riyadh
Business & Money | Monday 12 September, 2022 1:30 pm |
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Thakher Makkah Project Obtains Wafi Off-Plan Sales License

Thakher Development Company, the master developer of the master plan and infrastructure of Thakher Makkah project, has announced obtaining off plan sales permit from Wafi off-plan sales and rent committee in the Ministry of Municipal & Rural Affairs & Housing in Saudi Arabia. 

 

Thakher Makkah project is located approximately 1 km from the Grand Mosque (Haram) and a few kilometers away from the holy sites of Muzdalifah, Mina and Arafat.

 

The company added that granting off-plan sale license to both "Thakher Makkah Project" and "Novotel Makkah Residences", which will allow them to start the sale process, is a great achievement and a proof of the commitment and great efforts made by the company leading to the fulfilment of all the standards required by the Ministry of Municipal & Rural Affairs & Housing in Saudi Arabia.Eng. Abdulaziz bin Saleh Al-Aboudi, CEO of Thakher Development Company, said: “The fact that Thakher project obtained the license is a great recognition by the Ministry of Housing in Thakher project and the development company, and we are committed to deliver the project according to timelines”. 

 

The project’s first phase is almost completed, while the second phase is expected to be delivered in 2024.

 

Thakher Makkah project contributes to the Kingdom of Saudi Arabia’s ambitious vision 2030, which aims to host 30 million Umrah performers and six million pilgrims by 2030. The project is spanning over an area of 320,000 sqm. Upon completion, it will include about 100 land plots of various uses for hotels, residential, commercial, and service-related areas. Residential and hotel apartments units will be available in various categories, and the units will be also available for ownership. Among the international hotels in the Thakher Makkah, there are the Radisson Hotel, the Park Inn by Radisson, and the Novotel Hotel, the largest in the world in terms of rooms number.

 

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