RIYADH: ROSHN, a real estate company owned by the Public Investment Fund, on Tuesday obtained a license from the Kingdom’s Wafi off-plan sales and rent program.
The license will now enable the developer to begin off-plan sale of its first residential project “SEDRA Neighborhood” in Riyadh.
SEDRA comprises more than 30,000 housing units, with more than 4,500 houses to be built during the first phase, with an urban character and a Salmani architectural style inspired by Najd architecture, reflecting the identity of the city of Riyadh.