Omani Home inks deal to provide home financing for new projects | Omani Home inks deal to provide home financing for new projects -
home-financing

Omani Home inks deal to provide home financing for new projects

: Tuesday, May 06 - 2014 @ 11:08

Omani Home Real Estate Development Co has signed a memorandum of understanding with Bank Muscat to provide ‘baituna’ home finance for Al Mabelah Residence and Bait Yousif Building projects, Times of Oman has reported. Baituna home finance is aimed at offering citizens and residents easy access to mortgage finance. The construction of Al Mabelah Residence project, comprising 80 villa units, started by the end of 2013 and is expected to be completed in three phases over a period of 30 months. Bait Yousif Building is a 12-floor residential/commercial project located in Mabelah south.

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Tuesday, May 6- 2014 @ 11:08 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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