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Real Estate Companies Paralyzed in Arequipa Due to Delays in the PDM

Summary by Diario Correo
More than 50 real estate projects are paralyzed in the city of Arequipa due to the lack of urban allotments linked to the approval of the Metropolitan Development Plan (DPM), a situation that has generated uncertainty among companies in the sector and delayed important investments in the region.Michael Cerpa, head of sales of Ocean Condominiums Camana, pointed out that several real estate companies purchased land with the expectation of developi…
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More than 50 real estate projects are paralyzed in the city of Arequipa due to the lack of urban allotments linked to the approval of the Metropolitan Development Plan (DPM), a situation that has generated uncertainty among companies in the sector and delayed important investments in the region.Michael Cerpa, head of sales of Ocean Condominiums Camana, pointed out that several real estate companies purchased land with the expectation of developi…

·Peru
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Diario Correo broke the news in Peru on Tuesday, June 16, 2026.
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