During a meeting chaired by Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar, the Board of Directors of the New Urban Communities Authority (NUCA) has agreed to provide payment facilities by exempting 70% of the value of late fines on outstanding installments, Invest-Gate reports.

This exemption will be granted if the late dues are paid in full. The facilities apply to residential, administrative, and professional units, commercial shops, and various types and sizes of land (residential, commercial, service, investment, and industrial), as well as villas and beach units established by the authority.

The facility will be available for a two-month period from the date of announcement in daily newspapers.

El-Gazzar clarified that these facilities apply in the following cases: allocated cases and cases where cancellation decisions have been issued due to non-payment of financial dues, provided that the cases are still in the possession of the client and have not been withdrawn from the authority.

The facilities are subject to certain conditions, including adherence to specified timelines for implementation and the waiver of all lawsuits filed against the Authority or its agencies.

Waleed Abbas, Assistant Minister of Housing for Community Affairs at NUCA, emphasized that these facilities do not apply to lands allocated under the partnership system, as well as lands that have been canceled, withdrawn, and are currently in the possession of the agency.

Additionally, the facilities do not cover amounts due for completing the value of advance payments.