Bahraini MP advocates six-month housing installment relief for homeowners | THE DAILY TRIBUNE | KINGDOM OF …

  • Date: 23-Apr-2024
  • Source: The Daily Tribune - Bahrain
  • Sector:Real Estate
  • Country:Bahrain
  • Who else needs to know?

Bahraini MP advocates six-month housing installment relief for homeowners | THE DAILY TRIBUNE | KINGDOM OF …




TDT | Manama     
The Daily Tribune – www.newsofbahrain.com
Bahraini MP Mohammed Al Maarefi has submitted an urgent proposal to the government, requesting a six-month exemption from monthly housing installments for beneficiaries affected by the recent heavy rainfall in the kingdom.
The explanatory memorandum accompanying the proposal highlights the need to provide relief to housing beneficiaries who suffered damages due to the torrential rains that struck Bahrain.
The proposal seeks to grant these individuals a six-month grace period on their monthly installments, allowing them to focus on repairing their homes, replacing damaged furniture, and addressing other damages incurred.
The memorandum stresses that many housing projects, particularly newer ones, suffered various damages due to inadequate planning of roads and infrastructure.
It holds several government entities, especially the Ministries of Works, Housing, and Urban Planning, accountable for these shortcomings.
The heavy rainfall caused significant damage to homes within housing projects, including water leaks, damaged walls and floors, malfunctioning electrical appliances, power outages, and damaged electrical wiring, posing safety and security concerns.
Financial resources
The proposal argues that exempting affected beneficiaries from their monthly installments would provide them with the necessary financial resources to undertake the necessary repairs and restore their properties to their original condition.
Furthermore, the exemption would allow them to replace damaged furniture