Doha: Qatar Development Bank (QDB) on Monday launched the second phase of the BINAA National Platform showcasing the list of Qatar-based contractors and consultants registered on this platform who intend to present optional home designs for the benefit of citizens utilizing the housing loan program.

According to Qatar News Agency, the platform was launched in partnership with the Ministry of Social Development and Family (MSDF) and the Ministry of Municipality (MoM). It offers complementary and optional designs with different spaces and models, with future expansion options also available. The platform provides a variety of design models, including classical and modern styles, aligned with cost-effective engineering standards to meet the citizens' needs.

The designs include architectural, electrical, and mechanical layouts to optimize the time and efforts required to secure official consents from competent authorities. All designs have received initial approvals from MoM, accelerating the process of obtaining essential licenses. Citizens can select suitable designs via the platform and access detailed quantity schedules with varying finish levels, offering clarity on projected costs.

Bati Rashid Al Noaimmi, Senior Manager of QDB's Department of Housing Loans, emphasized QDB's commitment to offering diverse options to meet citizens' aspirations. The cooperation with MSDF and MoM aims to streamline the procedures of securing approvals, thereby implementing projects based on sustainability criteria in alignment with the Qatar National Vision 2030. Al Noaimmi highlighted that QDB strives to offer creative housing solutions to advance the real estate sector in Qatar.

QDB is also planning to introduce additional housing designs and services to optimize the tasks of building homes. Furthermore, starting from June 2025, only contractors and consultants registered on this platform will be exclusively entitled to participate in implementing new projects for citizens who benefit from housing loans.