Following an in-depth analysis of the bottom line, back when all ongoing private housing work came to a six-month halt until owners present unit masterplans to verify fitting with building codes, Invest-Gate provides updates on the controversy over Egypt’s Construction Violations Reconciliation Law. We also give an assortment of developers' reflection entries to draw a complete picture of this so-called "tailor-made pandemic for real estate."

Over the years, building violations have posed a tremendous dilemma in Egypt. Correspondingly, the Egyptian government recently imposed a six-month ban on building permits, halting the construction of private housing in various urban cities. Invest-Gate digs deep into the matter and reaches out to several market experts to scrutinize this decision-making, which comes into effect after Egypt called for reconciliation over construction infractions recently, aiming to outline the law’s impact on private property developers and the overall real estate landscape.