Government Offers Lands for Cooperative Housing in 15 Cities

• Tuesday, 13th December 2016
• by Farah Montasser

A total of 2,000 acres of lands will be allocated for cooperative housing projects in 15 cities, announced Head of the General Authority for Construction & Housing Cooperatives Hossam Rezk

34,800 Land Plots to be Allocated Across 8 New Cities

• Monday, 12th December 2016
• by Farah Montasser

A public lottery will be held next week to allocate a total of 34,800 land plots within the social housing program located across eight new cities, according to a statement from the Ministry of Housing, Utilities, and Urban Communities

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

Social Housing Land Plots to be Allocated December 19

• Monday, 12th December 2016
• by Farah Montasser

Egypt’s social housing project continues with more land plots to be offered through a public lottery held from December 19 until December 27, according to a statement from Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly

983 Units Allocated in Dar Misr Project, New Damietta

• Sunday, 11th December 2016
• by Invest Gate

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.

Housing Projects for Youth to be Developed in New Valley

• Sunday, 11th December 2016
• by Invest Gate

A total of 421,700 square meters of housing projects across three villages in New Valley governorate have been dedicated for youth at affordable prices, announced to Governor of New Valley Mahmoud Ashmawy, according to Al Borsa.

Cabinet Approves Deadline Extension for Real Estate Projects

• Sunday, 11th December 2016
• by Invest Gate

Following numerous requests from contractors to postpone projects delivery dates, the Egyptian Cabinet has agreed to extend deadlines on real estate projects, according to Head of the Egyptian Federation for Construction & Building Contractors Hassan Abdel Aziz, Al Mal reported.

Government to Raise Tariff on Water Bills Next Month

• Sunday, 11th December 2016
• by Invest Gate

The Egyptian government is expected to raise water bills fee in houses and commercial areas as of January 2017 “in an effort to decrease subsidy on drinking water,” Mohy El Seir, spokesman for the Holding Company for Water and Wastewater, told Invest-Gate.