“Egypt Property and Investment Show” was held by UAE-based Al Nayrouz Exhibitions and Everest Real Estate Investment held from September 5 to 8, under the auspices of Prime Minister and Minister of Housing, Utilities, and Development Mostafa Madbouly.
Aiming to cater to all social classes, the event showcased a vast collection of developments from all over Egypt, including the New Administrative Capital (NAC), Mostakbal City, New Cairo, 6th of October City, Red Sea cities, Alexandria, and New Alamein.
A large number of visitors paid a visit to benefit from the discounts and payment facilities offered during the event.
“I actually decided to attend the event to have an idea about the projects offered nowadays in the market, but I was tempted with the payment plan of a North Coast project and I just paid a down payment a while ago,” Mohamed Ghoneim, a 35-year-old civil engineer, told Invest-Gate.
To lure potential homebuyers, the real estate developers offered units with different areas and designs, with various payment plans up to ten years and down payments starting from 0%.
Dalia Shehata, a 42-year housewife, said, “I am interested in buying a house in the New Administrative Capital and the event was a fruitful opportunity for me to have an overview of the developing projects there. I am 70% sure I will be sealing a deal today.”
The property exhibition was held at Egypt International Exhibition Center (EIEC), bringing together an array of major Egyptian developers such as Orientals for Urban Development (OUD), MBG Development, Edge Holding, and Real Mark.