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The Housing Authority in Sharqiya has withdrawn 65 buildings in the second phase of a social housing program from Majd Contracting Company due to poor construction work, for failing to comply with agreed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.

Mountain View-iCity to Launch Second Phase in New Cairo

• Sunday, 23rd October 2016
• by Karim Mohy

Private developer Dar Al Mimar Group, more commonly known as Mountain View, in alliance with Saudi-based Sisban Holding, will launch the second phase of the Mountain View-iCity development in New Cairo.

Several Contractors and Developers Involved in New Administrative Capital City

• Sunday, 23rd October 2016
• by Karim Mohy

The New Urban Communities Authority announced that approximately 20 requests have been offered by various contractors and developers to work on the capital.

Infrastructure Projects on Track in New Cities

• Sunday, 23rd October 2016
• by Karim Mohy

Five residential buildings have been completed as part of the social housing program in New Fayoum City, according to Mostafa Madbouly Minister of Housing, Utilities, and Urban Communities.

NUCA to Receive Its Last Share of Payment-in-kind Units in Madinaty

• Sunday, 23rd October 2016
• by Karim Mohy

The New Urban Communities Authority (NUCA) will receive its last share of payment-in-kind buildings in Madinaty spread over 1.1 mn square meters.

Awqaf Investment Arm to Begin Construction on Faraskour Compound in Damietta

• Thursday, 20th October 2016
• by Karim Mohy

Ibrahim Mahlab, presidential adviser for national strategic projects, has demanded construction begin on a residential compound in Faraskour, Damietta under the supervision of Damietta’s governor and the Ministry of Religious Endowments’ investment arm, El Watania Group for Awqaf Investments.

Tabarak Begins Construction on Capital East Residential Compound

• Thursday, 20th October 2016
• by Karim Mohy

Tabarak Holding has broken ground on their EGP 450 mn Capital East compound located in Nasr City and opened reservation applications.

New Obour City Authority Launches Property Code Enforcement Campaign

• Thursday, 20th October 2016
• by Karim Mohy

New Obour City Authority launched a campaign to enforce property codes in the city, removing and demolishing structures and encroachments found in violation of the codes, according to the authority’s head Amin Ghoneim.

Rock Eden Compound Sells 25% of its Units

• Thursday, 20th October 2016
• by Karim Mohy

Approximately 25% of the apartments in the Rock Eden Compound in 6th of October City have been sold, according to Adel Dous, Chairman of El Batal Group.

Homebuyers Protest Increase in Down-Payment for Social Housing Units in Port Said

• Thursday, 20th October 2016
• by Karim Mohy

Protests broke out in Port Said, demanding that the down-payment for units in the Social Housing Programme be paid to the governorate not the Housing & Development Bank, after they were asked to pay EGP 48,000 as a down-payment, in violation of the reservation contract.