NUCA
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Government Land
Gov’t Grants 3M Extension for Payment of Real Estate Arrears
Thursday, 14 January 2021
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has approved the extension of full payment of residential and non-residential arrears to March 15, with fines exemption.
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Government
NUCA Allocates 33 Land Plots in 14 New Cities
Wednesday, 6 January 2021
The Board of Directors of the New Urban Communities Authority (NUCA) allocates 33 land plots in 14 new cities for various activities
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Land
NUCA Allots 50 Plots in 16 New Cities for Mixed-Use Activities
Saturday, 2 January 2021
The New Urban Communities Authority (NUCA) has approved the allocation of 50 plots in 16 new cities for mixed-use activities, in line with the state's keenness to boost urban development and present additional investment opportunities across Egypt.
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Government
El Gazzar Calls for Regular Follow-Up on ‘Residence for all Egyptians’ Project
Saturday, 2 January 2021
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has emphasized the need for adherence to deadlines and continuous follow-up on the construction of housing units in the “Residence for all Egyptians” initiative.
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Government
Deliveries at NAC’s Capital Residence to Start January 3: Minister
Saturday, 2 January 2021
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has unveiled plans to deliver several housing units in Capital Residence, located in the New Administrative Capital's (NAC) R3 District, from January 3 to July 5.
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Developers
Mountain View Signs Deal to Develop IT Infrastructure at iCity Projects
Thursday, 31 December 2020
Mountain View has signed a strategic cooperation agreement with Huawei Technologies to develop information technology (IT) infrastructure at its “iCity” projects in east and west Cairo, with investments exceeding USD 1 mn (EGP 15.8 bn).
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Developers
Phase I of New Zayed’s Karmell Sells Out on Launch Day: SODIC
Thursday, 17 December 2020
Sixth of October Development and Investment Company (SODIC) sold out the first batch of residential units at its newest 240-acre west Cairo project in New Zayed, dubbed "Karmell," on the first day of launch on December 16.
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Land
NUCA Agrees to Develop Textile Industry’s State-Owned Unused Lands
Wednesday, 16 December 2020
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has witnessed the signing of a cooperation protocol between the New Urban Communities Authority (NUCA) and the Holding Company for Cotton, Spinning, and Weaving to develop some of the unused lands owned by the latter company or its subsidiaries across Egypt.
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Government
Over 9,000 Homes for NAC Employees Almost 92% Done
Monday, 14 December 2020
Merely 9,024 apartments (376 residential buildings) are almost 91.5% complete in Badr City, which are designated for the first batch of government employees to move to the New Administrative Capital (NAC) upon operation of the new city's ministerial district.
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Land
About 903 Acres Are Reallocated for Urban Expansion Into Giza: NUCA
Monday, 14 December 2020
Vice President of the New Urban Communities Authority (NUCA) for Commercial and Real Estate Affairs Mohamed Anwar Hilal said investors can apply for acquiring two state-owned parcels of 880.99 and 21.83 acres, separately, across Giza, which are being reallocated for the development of additional urban areas.
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Last Modified January 17, 2021