The Ministry of Municipality announced Wednesday the details of its project to develop and launch the first phase of the State of Qatar’s real estate platform.

The platform collects real estate data from its various sources, with the aim of storing data within a central platform to achieve the future and strategic goals of the real estate sector in the State of Qatar, the Ministry said.

The project seeks to develop a central real estate platform that provides indicators for those involved in the real estate sector by collecting and analyzing real estate data from the various concerned authorities in the country, the Ministry added, noting that the first phase of the platform is the basic foundation on which the next stages are built to complete real estate platform development work.

In exclusive statements to Qatar News Agency (QNA), Director of the Technical Office at the Ministry of Municipality Tariq Juma Al Tamimi said the platform will provide the concerned authorities with an integrated system that can be benefited from by examining the data provided by this platform that supports the principle of transparency in order to facilitate guidance for future contracts.

The real estate platform will benefit the government agencies and the private sector, Al Tamimi said. He added that the second phase of this project seeks a more accurate linking with the concerned authorities, and the third phase will be concerned with launching services more effectively through this platform.

He added that the real estate platform for the State of Qatar will provide data in a more accurate and clear manner, as it works to lay the foundation stone for improving the private sector in the coming years, to reach the highest possible efficiency, indicating that the platform will provide service to all target segments, whether they are official bodies, individuals, owners or tenants.

The project came after the adoption of the strategy for the development of the real estate sector in the ministerial meeting on 1/12/2021, and accordingly, the transition from the planning stage and the adoption of the strategy to the implementation stage related to a set of steps, the most important of which is the launch of the platform, Al Tamimi added.

The use of the real estate platform will be available to most Qatari nationals and residents, he added, stressing the need to pay attention to the real estate sector as one of the most important sectors that have an impact on investments.

Source: Qatar News Agency