The Ministry of Housing has allotted 17,447 plots across the country in the first five months of 2018, up by 32.0 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 Al Dakhliyah governorate rose by 18.1 per cent to 3,794 during January-May period of 2018, compared to merely 3,213 residential plot allotments in the same period of 2017, shows monthly statistics released by the (NCSI).
Housing plot allotments in Muscat and Dhofar governorates increased by 14.7 per cent and 1,104.2 per cent to 1,377 and 867 plots, respectively, during the five-month period of 2018.
In addition, plot allotments rose by 150 per cent and 103.1 per cent to 1,400 plots and 2,781 plots in Ash Sharqiyah South and Ash Sharqiyah North governorates, respectively.
Adh Dhahirah governorate witnessed a 688.9 per cent growth in plot allotment at 3,211 plots, while Al Wusta governorate is housing allotment declined by 48.3 per cent to 424 plots, shows NCSI report.
Further, plot allotments in Al Batinah North rose by 144.3 per cent to 513 plots, while it declined by 28.4 per cent in Al Batinah South at 3,003 plots during the five-month period under review.
Residential plot allotments were down by 78.90 per cent in Al Buraymi (68 plots), whereas it fell by 99.1 per cent in Musandam governorate (8).
The Ministry of Housing has allotted 30,995 housing plots in 2017.