Real Estate & Construction

Five people, including three Lattakia City Council members, died when an unlicensed four-storey building collapsed in the informal Al-Ghurraf neighbourhood of Lattakia’s Al-Ramal Al-Janoubi district after city authorities moved to demolish the structure on June 24.
The prices of building materials in the local market have been extremely volatile over the past two months because of the ups and downs of the currency rate and higher tariffs. The fluctuations are almost certain to curb construction activity.
TheDamascus governorate has released a new zoning plan, No. 105, for Qaboun, a formerly embattled and now heavily damaged residential district just north of the capital.
Government forces, including some affiliated with Iran, have taken positions in civilian houses in the Yarmouk Basin area, preventing some residents from returning to their villages years after Islamic State-aligned fighters were defeated. The area is in the western countryside of the Daraa governorate and is of strategic importance because it is located along the Israeli border.
The Damascus municipality recently announced that 50 additional hectares of land would be deducted from Harasta, a city just northeast of Damascus, and annexed to the new organisational plan of Qaboun, an adjacent suburb of Damascus, in accordance with the controversial Law 10.
The Syrian Ministry of Defence has laid claim to 12.5 hectares of land in the Moadamiyeh suburb of Damascus for the purpose of constructing residential buildings and a sports facility, a former official from the town’s municipality told The Syria Report.
Damascus Cham Holding has given more details on one of the large developments it is seeking to promote in Marota City.
Delays in the Marota City project are generating increasing criticism, including from a prominent Iran-linked investor who believes the project may eventually die.
The Damascus governorate has awarded three new building permits in the Marota City development, although all are for individual buildings.
The government’s plan to rebuild the Qaboun industrial area is facing stiff resistance from business owners, who have voiced rare public criticism of the project.
Al-Badia Cement, Syria’s sole private cement producer, posted an increase of 27 percent in its 2019 sales.
The Damascus Governorate has issued two new construction permits in Marota City over the last couple of weeks, raising them to four in total.
The Homs governorate will implement Law No. 10 in three neighbourhoods in Homs city, Governor Talal Al-Barazi said.
The government approved on November 27 the construction of what it calls an eco-garden and tourism project on one of the largest empty plots of land in Damascus, an initiative that will lead to the expulsion of several dozen families.
The second construction permit for a building in Marota City has been awarded, according to the project’s official Facebook page.


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