Al Ajlan Group and Ammar Real Estate are offering 500 housing plots by public auction.29 April 2013
Ajlan and Bros. Group and Ammar Real Estate today are launching the Ewan plan, which includes 500 residential plots, at auction in Khobar, and the Ewan plan is located in the city of Al-Azizia in Al-Khobar, and its area is estimated at 868 thousand meters distributed over 500 residential plots. It is considered the most suitable at the level of the region, and this is what makes it a competitive factor for those looking for land, construction and development, as the city of Azizia witnesses a wide construction movement by developers, investors and citizens.
The Ewan residential plan is owned by the Ajlan and Bros. Group and Ammar Real Estate Company. Ajlan Al Ajlan, Chairman of Ajlan and Bros. Group, said that the Ewan plan constitutes an addition to the integrated services residential plans.
He added that the Saudi real estate market is active, interactive and capable of growth and correcting the supply and demand equations, and Al Ajlan stated that there is a pivotal role that real estate developers play, which is to pump more plans and ready lands in record time away from the bureaucracy, thus allowing multiple options for those wishing to housing and real estate investors.
Abdul Hadi Al-Qahtani, CEO of Ammar Real Estate Company, said that Ammar Company, in alliance with Ajlan and Bros. Group, are working side by side in developing real estate projects that will constitute a qualitative addition to the market, stressing that the real estate market in the Eastern Province is still in great need for integrated services with reasonable prices for those wishing to live. And for real estate developers.
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