Ministry of Development: Building Permits up by 26% in YTD Sept

30 November 2017 – Eje Prime

Permits for the construction of new homes are soaring. The number of permits granted by the Colleges of Technical Architects for the construction of homes amounted to 60,695 during the first nine months of the year, up by 26.8% compared to the same period in 2016, according to data from the Ministry of Development.

In September alone, the number of permits amounted to 6,718, up by 35.2% compared to the 4,968 granted during the ninth month of last year. If we also include the permits granted for extensions, renovations and restorations, the total figure between January and September amounts to 82,262, up by 19.5% compared to a year earlier.

In September, the total number of permits amounted to 9,038 compared to the 7,378 granted during the same month last year, according to the same source.

Original story: Eje Prime

Translation: Carmel Drake