World / Saudi arab new flats sold in one month new property market biggest oil exporter

Zoom News : Aug 22, 2022, 08:20 PM
Saudi Arabia is already a rich country because of its oil reserves. Now he has got another big source of income. Experts say that there may be a big change in the economy of Saudi Arabia in the future. In fact, the rapid sale of new Abdulsalam Almajed 300 apartments in the capital Riyadh indicates that the major oil producer will not lag behind in terms of property either.

Within a month, 300 apartments were sold on cash payment. The company did not even advertise for these apartments. It is being told that the cost of an apartment is Rs 2 crore. Almajed CEO Abdulsalam Almajed said the program, initiated by Crown Prince Mohammed bin Salman, aims to reshape the country.

Almajed said, now people's thinking is changing. Earlier people used to live in houses with high walls and small windows but now they need open space. The lifestyle of the people is changing rapidly. The architecture and creativity of Saudi Arabia have been used in making these flats.

Let us tell you that after the rise of Mohammed bin Salman in Saudi Arabia, there have been many reforms. Women have started getting exemption. Earlier the situation was that many landlords used to shy away from giving houses on rent to women. All the decisions of women's life were in the hands of men.

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