Iraq sets price for Al-Jawahiri residential city at 900k IQD per square meter
Ministry spokesperson Nabil Al-Saffar stated this is part of a major push to address the country's housing crisis through the development of several new cities. Other major projects moving forward include Ali Al-Wardi and Al-Fursan in Baghdad, Dhifaf Karbala, Al-Janain in Babil, and Al-Ghazlani in Mosul.
Al-Saffar clarified that the government retains a 10% to 25% share in these projects, which will be allocated to deserving groups who do not own homes. He also noted that the Al-Fursan city is specifically designated for Ministry of Defence personnel at reduced prices.
This long-term strategy of building new, integrated residential cities is seen as a key government solution to increase the housing supply and provide citizens with new opportunities for home ownership.
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