"Tomorrow is the 5th public auction"
MCI Real Estate Shares Committee is putting 83 pieces of land in the scheme of Dorrat Al Jouf in Sakaka at public auction which will be held on Wednesday 25 / 12 / 1434 AH at the hall of Al Nazil Hotel in Sakaka at 4 p.m. This auction is the 5th this year .
These pieces of land, which have a total area of over 54,500 square meters , are located near to educational and health facilities , each piece of land is ranging in area about (475 to 1420) m 2 . This site is considered one of the most prominent sites in Sakaka for its height in the district level and it is near the project of Technical College for Girls and it has modern streets which are executed by Sakaka Municipality recently. These streets have the width of ( 30 - 25 - 20 - 15) meters. This scheme has been certified and developed and it is very close to the educational, health and entertainment projects.
Headed by His Excellency, the Minister of Commerce and Industry, the Committee pointed out that one of the conditions of the award in the auction is issuing a check on behalf of the Real Estate Shares Committee by 90 % of the value of the land and a check for the value of the pursuit for the marketing company and the balance will be paid during taking over .
It is worth mentioning that the auction for Dorrat Al Jouf scheme is the fifth hosted by Real Estate Shares Committee at MCI this year after the success of the previous auctions, as a prelusion for the highest income and re- equity for shareholders as soon as possible .