Housing for low income pushed
United Arab Emirates: Sunday, April 20 - 2008 at 09:53
The Abu Dhabi Government said it will ask real estate developers to allocate 20% of their number of housing units for lower income groups, reported Gulf News. A housing study conducted by the emirate's Department of Planning and Economy found out that majority of the developers are focusing on the high-end market, which contributes to the imbalances in the housing market. The study seeks to be presented to the Abu Dhabi Executive Council for adoption.
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Medilyn Manibo, Assistant News EditorSunday, April 20 - 2008 at 09:53 UAE local time (GMT+4)
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