Cabinet Approves New Conditions for Social Housing Reservations

• Tuesday, 25th October 2016
• by Karim Mohy

The Cabinet has approved amendments to the prerequisite conditions to reserve social housing units in an effort to facilitate the process for applicants.

Azmeel Group to Establish ‘Mini-Compound’ in New Cairo

• Tuesday, 25th October 2016
• by Karim Mohy

Azmeel Group for Real Estate has begun work on its New Cairo residential ‘mini-compound’ Al Kasr at a cost of EGP 60 mn.

Shorouk City to Deliver Dar Misr Units in November

• Tuesday, 25th October 2016
• by Karim Mohy

Shorouk City will be delivering the first phase of the Dar Misr project for middle-income housing, which includes 2,808 apartments in 120 building, next November according to Atef Zakaria Head of the City’s Development Authority.

1,750 Social Housing Units Finalized in Sadat City

• Tuesday, 25th October 2016
• by Karim Mohy

Sadat City is offering 1,750 social housing units out of a total of 5,000 units that were offered last year on contractors.

19,696 Social Housing Contracts Delivered in Sharqiya

• Monday, 24th October 2016
• by Karim Mohy

A total of 19,696 contracts for social housing units have been handed over to recipients of the units in the Sharqiya governorate and 10th of Ramadan City.

New Draft Law Proposed for Real Estate Appraisal

• Monday, 24th October 2016
• by Karim Mohy

The Egyptian Association for Real Estate Appraisers has presented a new law on real estate appraisal to the House of Representatives for review, according to the Head of the Association Zakaria El Gohary.

Public Lottery to Distribute 7,941 Social Housing Units in Port Said

• Monday, 24th October 2016
• by Karim Mohy

A public lottery will be held to distribute 7,941 units as part of the first phase of a social housing program in Port Said, according to MP Ahmed Farghaly.

Final Phase of Al Madina Al Monawara Compound on Offer in 2017

• Monday, 24th October 2016
• by Karim Mohy

Al Madina Al Monawara for Real Estate Investment will deliver the final phase of its 18-acre project in 6th of October City in 2017.

Leena Springs Phases 2 and 3 to be Delivered in December

• Monday, 24th October 2016
• by Karim Mohy

Egypt-based Leena for Tourism and Real Estate Investment will deliver the second and third phases of its 38-acre New Cairo development Leena Springs in December.

Contractor Removed from Sharqiya Project over Delays, Poor Construction Work

• Sunday, 23rd October 2016
• by Karim Mohy

The Housing Authority in Sharqiya has withdrawn 65 buildings in the second phase of a social housing program from Majd Contracting Company due to poor construction work, for failing to comply with agreed upon quality standards, and for completing only 20% of the total project.