At a public lottery held on Thursday, 983 units part of Dar Misr middle-income housing project in New Damietta were distributed among winners, reported Al Borsa.
The lottery was open to applicants who provided a down payment. Supervisor of the Commercial and Real Estate Sectors at the New Urban Communities Authority Tarek El Sebaey said, “non-winning applicants are to receive a full refund on their payments on January 8.” Dar Misr Projects includes 10,600 units across 10 cities in the governorate of New Damietta.
Board Member of the Engineering Authority in the Housing & Development Bank Mohamed El Alfy advised non-winners this time around to open bank accounts in the Housing & Development Bank titled “Special account for middle-income social housing units.”