Oriana Papantoniou
In a recent development, Interior Minister Konstantinos Ioannou directed the Director of Planning to formulate a comprehensive proposal for a planning amnesty. While specific details are yet to be disclosed, the minister aims to unveil the plan in the coming months, focusing on providing relief to stranded buyers or individuals facing obstacles in obtaining property titles due to minor interventions in their homes.
Under the proposed plan, eligible parties could resolve their issues by paying a monetary fee, with all proceeds directed towards the affordable housing fund, in line with the Interior Minister's philosophy. Emphasizing simplicity, the minister highlighted the need to avoid the complexities that hindered a similar initiative in the past.
Despite the anticipated challenges, Ioannou envisions the plan as a crucial step in liberating both citizens and the market from the constraints imposed by land developers. These developers' actions have impeded the issuance of property securities, and the initiative aims to generate revenue for the implementation of an effective affordable and safe housing program.
[This article was translated from its Greek original and edited for brevity and clarity]
