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Saudi: Need to regulate real estate sector stressed

Posted on 27 October 2011

A number of prominent figures in real estate business have urged the authorities to regulate the sector and curb the number of offices mushrooming in various parts of the Kingdom in an extremely disparate manner.
They noted about 70 percent of real estate offices in Riyadh alone are functioning in an unorganized and unsystematic manner. These offices adopt all possible ways to earn huge profit without giving any consideration to the interests of their clients, according to a report in Al-Eqtisadiah business daily………………………………………..Full Article: Source


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