The Ministry of Housing has allotted 30,083 residential plots across the country in the first 10 months of 2018, up 17.8 percent over the same period of last year. With a phenomenal growth in allotment of plots, the housing sector is expected to prop up in the coming months.
Among various governorates, residential housing plot allotment in Ad-Dakhliyah governorate rose by 7.74 percent to 7,124 during January-October period of 2018, compared to 6,612 residential plot allotments in the same period of 2017, the monthly statistics released by the Centre shows.
Housing plot allotments in Muscat and Dhofar governorates increased by 12.84 percent and 7.02 percent to 2,470 and 961 plots, respectively, during the 10-month period of 2018.
In addition, plot allotments rose by 16.54 percent and 55.79 percent to 3,058 plots and 4,627 plots in Ash-Sharqiyah South and Ash-Sharqiyah North governorates, respectively.
Adh-Dhahirah governorate witnessed a phenomenal 256.29 percent growth in plot allotment at 5,747 plots, while Al Wusta governorate is housing allotment declined by 42.17 percent to 550 plots, shows NCSI report.
Further, plot allotments in Al-Batinah North rose by 10.91 percent to 722 plots, while it declined by 6.49 percent in Al-Batinah South at 4,740 plots during the 10-month period under review.
Residential plot allotments were down by 90.26 percent in Al Buraymi (71 plots), whereas it fell by 98.94 percent in Musandam governorate (13).
The Ministry of Housing has allotted 30,995 housing plots in 2017.