New Fayoum Completes 307 Social Housing Units

• Tuesday, 20th December 2016
• by Farah Montasser

New Fayoum City has completed approximately 307 social housing units at a cost of EGP 40 mn, according to Ashraf Abdel Rahman head of the City’s Authority, reported Al Mal

Public Service Projects to be Implemented in New Assiut in 2017

• Tuesday, 20th December 2016
• by Farah Montasser

Approximately ten new land plots will be offered for public services to investors next year in efforts to meet the demand on commercial areas, public services, offices, and entertainment areas in New Assiut City, reported Al Mal

Special Lands in Beit Al Watan Made Available for Egyptians Abroad

• Tuesday, 20th December 2016
• by Farah Montasser

The New Urban Communities Authority (NUCA) will be offering special new land plots for Beit Al Watan project for Egyptians abroad, reported Al Borsa

Dar Misr Homes Allocates 6,520 units Through Lottery

• Tuesday, 20th December 2016
• by Farah Montasser

A public lottery was held to allocate 6,520 houses in Dar Misr project , a social housing project for middle income citizens implemented in several cities, on December 18, reported Al Borsa

Marseilia Group Expects EGP 1 bn in Sales for 2016

• Monday, 19th December 2016
• by Invest Gate

Marseilia Group aims to close 2016 with sales worth EGP 1 bn from all its projects.

Al Asala Raises Prices of Units

• Sunday, 18th December 2016
• by Invest Gate

Al Asala Real Estate Co. has increased its selling prices for residential units located in compounds following the increase in prices of building materials, according to Hamdy Raslan, Sales Manager at the company.

NUCA Approves Several Amendments Over Land & Housing Fees

• Wednesday, 14th December 2016
• by Farah Montasser

The board of the New Urban Communities Authority (NUCA) has approved the reduction of administrative fees that are applied on the purchase of land plots for an entire year, in efforts to facilitate procedures for investors in new cities, reported Invest-Gate

Several Hypermarkets to be Implemented in New Cities

• Wednesday, 14th December 2016
• by Farah Montasser

New Urban Communities Authority (NUCA) is expected to launch a number of hypermarkets branches across Sadat City and Borg El Arab City, reported Invest-Gate

Social Housing Projects Commence in Sales and Development

• Wednesday, 14th December 2016
• by Farah Montasser

Around 270,000 low-income citizens have placed total installments of EGP 1.08bn on 400,000 social housing units located in the new cities, reported Daily News Egypt

Egypt’s New Capital Completes 30% of its Infrastructure

• Wednesday, 14th December 2016
• by Farah Montasser

Approximately 30% of the first phase of Egypt’s Administrative Capital infrastructure has been completed, Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly informed President Abdel Fattah Al Sisi, according to Al Borsa