Residents in a district of Jeddah have created a web forum to voice complaints about a series of new developments that they fear could leave them out of pocket.
People in the city's Al-Nuzlah district fear the projects valued at SR25 million will force them to sell their properties for what they claim is inadequate compensation.
The Jeddah Municipality has signed a contract with the Jeddah Development and Urban Recreation Company to develop several districts in the southern parts of the city, including Khuzam area, Al-Nuzlah, Al-Sabeel and Al-Qurayyat districts.
Now, residents have set up the forum - www.nozla.com - which talks about a “war against the municipality”, according to Arab News on Tuesday.
Locals filed a complaint with the Municipal Council on Monday demanding more information about the details of the plan and what alternative housing options will be provided, if any, to the displaced residents.
Because many of the residents lack the deeds of the land that their houses are built on, compensation would be for an amount based on the equity of the land, but excluding the value of the land itself.
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST CONSTRUCTION & INDUSTRY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST CONSTRUCTION & INDUSTRY
LATEST MIDDLE EAST BUSINESS NEWS
- Politics & Economics: European bank shares plunge on Dubai debt concerns
- Politics & Economics: Moody's cuts Dubai GRI ratings amid debt delay
- Politics & Economics: Job losses seen slowing in UAE - StanChart
- Transportation: Abu Dhabi transport chiefs give Eid gift to motorists
- Banking & Finance: Cost of insuring Dubai's debt rises further
