Marrakech Housing Initiative: Dar Saada Group to Lead Rehousing effort

November 12, 2024

A ‍notable step towards improving living conditions⁢ in Marrakech is underway⁣ with the selection ‍of eight real estate operators to provide housing for families currently residing in unsafe and unsanitary ⁢areas. ⁣The initiative, launched through a call for expressions of interest, aims to deliver a total of 23,000⁢ properties to those in need.

The Residences Dar ⁤Saada (RDS) group emerged as the primary beneficiary of the program, securing the largest ⁣share of⁣ the housing allocation. RDS itself was awarded 7,650 units,⁢ while its subsidiary, Saada 10, received an additional 7,773 units. Combined, the RDS group will deliver over 67% of‍ the total housing – a ample commitment⁢ to the project.

Somebal followed as the second-largest provider, allocated 4,234 properties. Other companies selected to participate ⁣include Addoha,Immolog,Tanger sakane,and the Yousra real estate company. Though, the ‍Addoha group received a comparatively small allocation, with 87 units assigned to ⁢the main company and an additional 21 units to its subsidiary, ‍Addoha Essalam, totaling 108 units.

“This initiative represents a crucial investment in the well-being of Marrakech’s residents,” stated a representative from the city planning department. “providing safe and sanitary housing is fundamental to public health and economic opportunity.”

The project is expected to significantly improve the quality of life for thousands⁤ of families in Marrakech, addressing long-standing⁢ issues of inadequate⁢ housing and sanitation.The large-scale involvement of RDS⁣ and Saada 10⁤ underscores their pivotal role in realizing this ⁢aspiring goal. further details regarding the timeline for construction and distribution‍ of the properties will be released in the coming months.