Citizens to Finalize Payments for Dar Misr Units by February 5

Tuesday, 17th January 2017

The Commercial and Real Estate Sectors at the New Urban Communities Authority (NUCA) has set February 5 as a deadline for payment completion for Dar Misr reserved residential units, Invest-Gate reports.

Winners who received residential units in the first and second phases of Dar Misr project, a housing project for middle-income citizens, are to pay the remaining 20% of the unit’s value by February 5 at Housing & Development Bank branches, NUCA’s Supervisor of the Commercial and Real Estate Sectors Tarek El Sebaey announced, according to a released statement.

The first and second phases of Dar Misr project encompass 10,616 residential units, ranging from 115 to 150 square meters. Units were offered for applicants who were not able to receive homes in previous lotteries and also applicants who did not withdraw their downpayments, El Sebaey added.

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