There has been a 26.2% decline in the number of residential plots granted by the Ministry of Housing in the Sultanate in the first quarter of the current year, says the latest report from the (NCSI). The number of allotted residential lands fell to 7,581, from last year's 10,269 plots issued during the same period.
The greatest jump in the number of granted plots was recorded in the governorates of Musandam and Sharqiyah South. There was a whopping 3492.9% rise in the issued residential plots in Musandam, which rose to 503 from last year's 14, while in Sharqiyah South, granted lands increased by 125% to 360 from last year's 160.
Muscat registered a 46.1% growth in the number of lands issued at 738, while Dhofar logged a decline of 90.2% at 40 plots. The number of plots granted in Buraimi and Dhakliyah stood at 322 and 2,225, marking a rise of 51.2% and 80.5% respectively. Al Batinah North saw a 91.2% decline in the number of residential plots issued at 109 plots, while al Batinah South logged a 4.2% rise in allotments at 2,324. Sharqiah North and Dhahirah witnessed a decline of 78.5% and 94.4% at 371and 131 plots respectively. Al Wusta on the other hand logged a 118.1% growth in the number of issued residential plots in the first three months at 458.