[size=36]The Investment Authority: We will take measures to prevent cases of trading and brokerage in housing units for the Basmaya project[/size]
[You must be registered and logged in to see this link.][You must be registered and logged in to see this link.]
The National Investment Commission announced, on Monday, that it has taken legal and administrative measures to control cases of "trading and brokering" in the prices of housing units in the Basmaya residential project recently, noting that a decision was taken to legalize property transfers until further notice and limit them to 100% payment. % until new instructions are issued in this regard.
In a statement received by Mawazine News, the head of the commission, Suha Daoud Najjar, said, "We would like to point out to the honorable citizens that the National Investment Commission has taken several legal and administrative measures to prevent cases of trading and brokerage in residential units of the Basmaya residential project, which recently caused a price hike of nearly 40% above Its actual price, which burdens the citizens of the real buyers with limited and medium incomes, for whom the project was established.
She indicated, "The authority, at the direction of Prime Minister Mustafa Al-Kazemi, and the cabinet vote, reduced the amount of the down payment for a housing unit from 25% to 10% of its total value, and for all spaces, and worked to extend the payment period in an effort to contribute effectively to solving the problem." The housing crisis, and to prevent cases of speculation and profit at the expense of the original cost and income of citizens, and the sums resulting from the dollar price difference were borne in a way that does not affect the citizens who want to buy.
And she continued, "We confirm that we have taken, starting today, a decision to legalize ownership transfers until further notice and limit them to 100% payment, until new instructions are issued in this regard. and the beneficiary.
She added, "We have directed that sales and purchases be restricted only through the National Investment Commission in accordance with the fundamental instructions announced on the authority's official websites, and deterrent legal measures will be taken against any employee or representative of any other institution involved in the project who is proven to be involved in promoting or facilitating these illegal transactions."
Najjar concluded her statement by saying, "We assure our esteemed citizens that the authority will provide new meals from the apartments that will be distributed to citizens by lottery, and at the same time we call on citizens who wish to obtain a housing unit in the Basmaya project not to resort to brokers' networks and to inform the authority of any case of extortion The buyer is exposed to it by any party, and on the contrary, he will have participated in wasting the efforts of the government, the authority and all the parties supporting the project by providing modern, decent and subsidized housing for the Iraqi citizen. Ended