Mazaya Qatar Delivers Sidra Residential
Compound to Qatar Foundation
October 15, 2018
Mazaya Qatar Real Estate Development Company
has handed over the Sidra Residential Compound to the Qatar
Foundation for Education, Science and Community Development, as
the complex is ready for housing and use of its vital
facilities.
Sidra Residential Compound has 1165
residential units covering an area of 143,000 square meters,
developed by Mazaya Qatar Real Estate Development Company for
the Qatar Foundation for Education and Science under
Build-Operate-Transfer scheme (BOT) for a period of twenty
years. The contract between the two parties stipulates that the
rent payment is payable by a six month in advance.
The delivery will take place after Mazaya
completes all construction and fit-out works, and after the
finalization and issuance of all official papers, last of which
is the completion certificate, issued after completion of all
the requirements, such as furnishing, installation of security
systems, and the appointment of a specialized company to manage
and maintain the complex.
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