DMA, CallisonRTKL Launch Strategic Partnership to Manage New Cities

• Sunday, 6th November 2016
• by Karim Mohy

Dar Al-Mimar Architects (DMA) has signed a strategic partnership agreement with with CallisonRTKL, a global management company, to manage smart cities and undertake smart urban development.

Housing Ministry to Promote Projects in New Alamein City

• Thursday, 3rd November 2016
• by Karim Mohy

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with several tourism investors to discuss plans to promote new projects in New Alamein City.

Housing Ministry Offers 600 Social Housing Units for Victims of Ras Ghareb Floods

• Thursday, 3rd November 2016
• by Karim Mohy

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly confirmed that the ministry will be offering 600 residential units to victims of the torrents that occurred earlier in Ras Ghareb.

11,800 Citizens Withdraw Terms & Conditions for Social Housing

• Thursday, 3rd November 2016
• by Karim Mohy

The Ministry of Housing, Utilities, and Urban Communities received a report stating that approximately 11,800 citizens have withdrawn the terms and conditions for social housing, while 2,750 citizens have made a down-payment.

New Administrative Capital Seeks Presidential Approval on Land Pricing

• Thursday, 3rd November 2016
• by Karim Mohy

Land prices in the first phase of the Administrative Capital have been determined by the Administrative Capital Development Company and will be announced to the presidency for approval, to be offered next month.

Sodic Predicts Delivery of 900 Units, 15% Price Increase Next Year

• Thursday, 3rd November 2016
• by Karim Mohy

Sodic projects that it will deliver 900 residential units by the end of the year, and that property prices will increase by 15%, but that this will not impact stable demand on real estate in the market.

5,340 Social Housing Units Completed in New Beni Suef

• Wednesday, 2nd November 2016
• by Karim Mohy

A total of 5,340 social housing units were completed in New Beni Suef City, at a cost of EGP 570 mn, according to Nour El Din Ismail, Head of the New Beni Suef Authority.

Sodic Appoints US-based Sasaki for East Cairo Project Master Plan

• Wednesday, 2nd November 2016
• by Karim Mohy

Sodic has assigned US-based design firm Sasaki to develop the master plan for its new project in east Cairo, set to be built on 655 acres.

Amaer to Increase Prices of Nasr City Properties

• Wednesday, 2nd November 2016
• by Karim Mohy

Amaer for Real Estate increased the prices of units in one of its Nasr City projects by 10% in the past two months, according to Hany Mokhtar the company’s Chairman, reported Al Mal.

State to Offer Land at 35% Discount

• Wednesday, 2nd November 2016
• by Karim Mohy

The Supreme Council for Investment has agreed to provide a 35% discount on land prices for a period of two months until the end of the year.