With funding of up to 91 thousand dinars.. Undersecretary of the Ministry of Housing and Urban Planning: Increasing demand to benefit from

With funding of up to 91 thousand dinars.. Undersecretary of the Ministry of Housing and Urban Planning: Increasing demand to benefit from

With funding of up to 91 thousand dinars.. Undersecretary of the Ministry of Housing and Urban Planning: Increasing demand to benefit from

Ms. Fatima Ibrahim Al-Mannai, Undersecretary of the Ministry of Housing and Urban Planning, confirmed that the "Tasheel+" program is witnessing an increasing demand from citizens wishing to benefit from this financing service provided by the Ministry, since the program was launched last April in conjunction with the Housing Finance Conference and Exhibition, noting that this program represents an additional financing option added to the financing options launched by the Ministry in 2022 There are currently six diverse, multi-purpose financing options to suit the housing needs of Bahraini families.
Al-Mannai explained that the financing of "Tasheel +" comes within the plan of the Ministry of Housing and Urban Planning and the Housing Bank to expand the financing options and housing solutions provided to citizens, as part of the immediate programs provided by the Ministry to obtain housing services, noting that the program provides many new features that came as a result of compatibility with the observations of members of the legislative authority and citizens' proposals to develop the financing service, as the minimum and maximum limits in this financing option were raised The maximum limit will reach 91,000 dinars and 81,000 dinars, according to the repayment plan chosen by the citizen, while the minimum financing value will be raised to 57,000 dinars. 
She also pointed out that the Ministry provided the option of merging the husband's and wife's salaries, with the aim of raising the value of funding to no more than the maximum specified within the program.

She added that the program's features also extend to expanding financing purposes, including the possibility of purchasing a unit, apartment, or residential voucher, in addition to providing the option to purchase and build a voucher, noting that the diversity of the program's purposes comes within the framework of continuing to diversify the options available to citizens to obtain housing services that suit their needs.

Fatima Al-Mannai pointed out that the increasing demand by citizens for financing services in general, and "Tasheel+" financing in particular, reflects the effectiveness of this option in providing housing services immediately, noting that this financing, in addition to other financing options, represents a fundamental pillar in the path of strengthening partnership with the private sector to provide housing services to citizens, in line with the objectives of the government's 2023-2026 program.
The Undersecretary added that citizens' interest in the financing options offered by the Ministry contributes to the expansion of the projects implemented by the Ministry within the government land development rights program, and other programs that aim to increase the real estate stock in various governorates of the Kingdom of Bahrain, noting that offering "Tasheel+" financing as an additional option to the options in conjunction with offering the "Al Naseem District" projects in Salman City, and the "Al Wadi" project in Al Buhair area, contributed to the depletion of unit reservations in record time In addition to the activity of the real estate sector in the Kingdom as a result of the demand of citizens benefiting from the housing financing program for real estate offered by real estate development companies.
She noted the efforts of the banks participating in the housing financing program, and their keenness to respond quickly to the housing programs offered by the Ministry, and to provide the necessary facilities and offers to ensure that beneficiaries obtain housing as quickly as possible, in addition to the role of real estate development companies that work to increase the real estate stock to meet the increasing demand as a result of the expansion of housing financing options.

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