Residential Plots See Great Demand in New Cities in Upper Egypt

Residential Plots See Great Demand in New Cities in Upper Egypt

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, states that there is a great demand for the reservation of various residential plots (medium housing, distinguished housing, and the most distinguished housing), with a total of 3,677 plots in new cities of Upper Egypt, Invest-Gate reports.

El Gazzar explains that there are 12,731 citizens who take reservation forms from the website of the Housing and Development Bank, adding that 12,731 of them paid the down payment of the reservation. The reservation continues until Thursday, July 21st.

For his part, Waleed Abbas, deputy minister of housing and supervisor of the NUCA Planning and Projects Sector, confirms that the plots of medium housing amount to 1,760 plots and the number of citizens who take reservation forms for them is 18,891 citizens. Further, the number of those who pay the down payment of the reservation is 8,083 citizens

These plots are offered in New Minya, New Sohag, New Qena, New Fayoum, New Akhmim, New Assiut, and New Beni Suef.

Moreover, 1,740 plots for distinguished housing are offered and the number of citizens who take reservation forms is 14,360 citizens. These plots are offered in New Minya, New Qena, New Sohag, New Assiut, New Nasser (West Assiut), New Taiba, New Fayoum, and New Akhmim. There are 4,117 citizens who pay the down payment of the reservation.

As for the most distinguished housing plots, which are 177 plots, the number of citizens who take reservation forms is 4,368, while 531 citizens pay the down payment of the reservation.

The most distinguished housing plots are offered in New Aswan, New Sohag, New Beni Suef, New Assiut, and New Minya.

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