Real Estate Regulatory Authority will soon launch several initiatives to boost the real estate sector

Eng. Khalid Ahmed Saleh Al Obaidli, the chairman of the Real Estate Regulatory Authority, has stated that in addition to plans to improve the legislative framework, the authority will soon launch several initiatives to boost the real estate sector in collaboration with relevant entities. This underscores the authority's commitment to acting as a catalyst and partner for the private sector. 

He said that the state's implementation of massive projects in a short amount of time to host major events, including the FIFA World Cup Qatar 2022, has accelerated the state's real estate boom.

Additionally, it will shortly implement the Real Estate Development Regulation Law, which will address a number of issues. Additionally, he stated that the Authority will activate the real estate dispute resolution committees and create a digital portal with all verified information regarding the state's real estate market.

Sheikh Khalifa also pointed out that state-run initiatives under the Qatar National Vision 2030 offer more chances for the nation's real estate industry to grow with sincere private sector involvement.

The Acting General Manager, many members of the Real Estate Committee, several QC board members, and several businesspeople from Qatar were also present at the meeting.