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Oman sets three-stage licensing process for real estate projects as deals rise 5.4%
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Oman sets three-stage licensing process for real estate projects as deals rise 5.4%
MUSCAT : The Ministry of Housing and Urban Planning said the Real Estate Regulation Law represents a major milestone in the development of the sector by bringing various property-related activities under a single legislative framework. The law covers real estate development, off-plan sales, brokerage and property valuation, joint property management and escrow accounts. It aims to create a more stable, competitive and sustainable investment envi…
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