MNHD Records Revenues of EGP 1.4 bn in November

• Wednesday, 14th December 2016
• by Farah Montasser

Egyptian real estate company, Madinet Nasr Housing & Development (MNHD) has registered revenues of EGP 1.4 bn during the past 11 months, ending by November 30, reported Daily News Egypt

New Land Prices to be Set in New Administrative Capital

• Tuesday, 13th December 2016
• by Farah Montasser

The Administrative Capital for Urban Development Company will be holding a meeting within days to discuss the final pricing for the first land offering within the New Administrative Capital project, in efforts to attract investors, reported Al Borsa

Half a Million Social Housing Units Being Implemented Across Egypt

• Tuesday, 13th December 2016
• by Farah Montasser

Approximately half a million social housing units are currently being implemented in different phases, Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly at the second international conference for cooperative housing, reported Invest-Gate

Housing Ministry Offers Unsubsidized Social Housing Units

• Monday, 12th December 2016
• by Farah Montasser

The Ministry of Housing, Utilities and Urban Communities is offering new unsubsidized social housing units targeting citizens with monthly incomes ranging from EGP 4,000 to EGP 5,000, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly, reported Al Borsa

Development Tenders to be Offered within Several Cities

• Monday, 12th December 2016
• by Farah Montasser

Tenders will be offered to the Egyptian Federation for Construction & Building Contractors (FCBC) members, to develop different infrastructure projects within the social housing project at New Borg El Arab City, according to Head of the City’s Authority Ahmed El Desouky, reported Al Mal

ARCO Pursues Development in New Administrative Capital

• Monday, 12th December 2016
• by Farah Montasser

With more lands up for grabs next year, ARCO for real estate development is pursuing investment in the new Administrative Capital City, reported Al Borsa

Over 2,000 Land Plots to be Offered in 10th of Ramadan City

• Sunday, 11th December 2016
• by Farah Montasser

The New Urban Communities Authority (NUCA) will be launching 2,224 land plots in the 10th of Ramadan City for applicants who previously applied in May 2016 lottery but did not win, according to a statement from Minister of Housing, Utilities and Urban Communities Mostafa Madbouly

Ardic Sells 600 Units in Zizinia New Cairo

• Wednesday, 7th December 2016
• by Farah Montasser

Ardic for Real Estate Development has sold a total of 600 out of 1,800 units in its Zizinia project in New Cairo, and is studying increasing the EGP 8,000 price per meter square as a result of the recent economic decisions, reported Al Borsa

Coldwell Banker to Promote Projects Worth EGP 7 bn in 2017

• Wednesday, 7th December 2016
• by Farah Montasser

Coldwell Banker expects to promote projects worth EGP 7 bn during 2017, compared to EGP 5.5 bn during 2016, reported Al Borsa

Integrated Group To Develop Villa 55 Resort in Sharm El Sheikh

• Wednesday, 7th December 2016
• by Farah Montasser

The Integrated Group for Real Estate Development (IGRED) has launched its latest 100,000- square-meter resort, named Villa 55, in Nabq Bay, Sharm El Sheikh at a total cost of EGP 420 mn, reported Al Mal