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Housing: Ministry to save half a million AADL stalled projects

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Housing Ministry started to withdraw AADL housing projects that were postponed to ensure their completion, in coordination with the Guaranty Fund, which has guarantee funds at the same level by the real estate agencies, in parallel with the inclusion of this category of dealers in the black list, and preventing them from participation in any future projects.

Echorouk informed sources from the ministry said in response to a question about real estate agencies which conducted fraud operations against citizens, explaining that the ministry launched the process of withdrawing projects and delivering important achievement to the contracted institutions, which will be assembled in “Cartel” which mission is accomplishing the stalled projects that were announced previously.

Housing and Urbanism Ministry opened investigation for nearly a year on ways of how real estate agencies can obtain these projects, as it counted nearly half a million houses with the clavicular and covalent formats, which completion delayed for more than six years, granting a large number of them “under the table”, and under crooked ways, and decided on the other hand to find the legal formula for the withdrawal of stalled housing projects by dealers laggards and to ensure the completion of the major regional institutions that are specialized in the field of construction, including those contracted under the narrow list.
Real estate agency completed projects in lands that belong to the state in Algiers
In the context of fraud operations against citizens, Algiers Wilaya disowned the project of AADL houses completion in the site called (Riah Koubra) “big winds” at the level of Cheragua and Ouled Fayet municipalities, which is sponsored by the company “SARL LIBAL”, that is located in the cooperative real estate Yasmine No. 66 in the Road of Ouled Fayet (Algiers), and explained that this company has completed houses on Real Estates that belong to the state properties, believing that it violated the existing laws in this area by acquiring unlawfully state properties.
In a communication has to be upgraded opposed accomplished through decode noose residential programs Trkoah returns the benefit of subscribers and citizens in general being a connecting their neighborhood southern route metrical Highway 36 and the road, and called on concerned citizens to take caution in this regard.
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