These major projects will completely transform real estate in Morocco

After a “major” decline in 2022, induced by the drop in cement sales (-10.6 %) and the number of real estate transactions (-15.4 %). Moreover, as well as by increasing construction costs, the tightening of the conditions for granting credits and the deterioration of the purchasing power of households, the Moroccan real estate sector “should experience a notable recovery from 2024, From the joint organization by Morocco of the 2030 World Cup, as well as by the launch of the direct housing aid program, which aims to renew the approach to support access to real estate property and to strengthen the purchasing power of households by direct financial support for buyers, “said the report.

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The program to reconstruct. Meanwhile, rehabilitate the areas affected by the earthquake of Al-Haouz, will also contribute to relaunching the these major projects will completely sector. In addition, At a cost estimated at 120 billion dirhams, this program launched in 2024, will continue until 2028. This dynamic will also be supported by the continuation of rehousing. resettlement projects within the framework of the program “Cities without slums”, as well as rehabilitation operations threatening ruin. In the Casablanca-Settat region. the actions of the company CASA Define and housing (CIE) made it possible to relocate 38,055 families and to reinstall 4,271 families in 2023, notes the document.

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In the field of land conservation. topography and cartography, “efforts have continued to generalize land securitization and cover the entire national territory with a modern network and digital maps, in order to support the implementation of public and social development policies, especially in rural areas”, underlines the report which indicates that “the national agency of land conservation, these major projects will completely cadastre and cartography (ANCFCC) made a total of 462,509 land titles in 2023, including 211,624 from the rural world, an increase of 5 % compared to 2022 ”.

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And to add: “This increase reflects the agency’s commitment to facilitate the access of small farmers to land ownership. to support rural development by improving the social and economic situation, securing land and the encouragement of agricultural investments. “The report also highlights the securitization of 1. 109,234 hectares in 2023, an increase of 64 %, stressing that the reforms of the sector of public establishments and companies (EEP)” require to strengthen the professionalism of governance and management bodies within these institutions “.