Dar Misr Homes Allocates 6,520 units Through Lottery

• Tuesday, 20th December 2016
• by Farah Montasser

A public lottery was held to allocate 6,520 houses in Dar Misr project , a social housing project for middle income citizens implemented in several cities, on December 18, reported Al Borsa

Land Plots to be Allocated in Several New Cities

• Tuesday, 20th December 2016
• by Farah Montasser

A public lottery will be taking place as of today December 20 until December 27 to allocate land plots that were reserved previously in September, reported Invest-Gate

NUCA Facilitates Regulations for Investors

• Monday, 19th December 2016
• by Invest Gate

The New Urban Communities Authority (NUCA) has approved a number of facilitations for investors, including reducing administrative fees for land plots.

Marseilia Group Expects EGP 1 bn in Sales for 2016

• Monday, 19th December 2016
• by Invest Gate

Marseilia Group aims to close 2016 with sales worth EGP 1 bn from all its projects.

Several Social Housing Units Completed in New Cities

• Sunday, 18th December 2016
• by Farah Montasser

Approximately 20,000 social housing units are being delivered in New Aswan City and 320 social housing units are to be completed in 2017, according to Mostafa Saeed head of the City’s Authority.

Commercial Units Sold for EGP 6,000 Per Square Meter in Sadat City

• Sunday, 18th December 2016
• by Invest Gate

A total of 30 commercial units were sold in a public auction in Sadat City on Thursday, with prices ranging between EGP 2,600 and EGP 6,000 per meter square.

NUCA Approves Several Amendments Over Land & Housing Fees

• Wednesday, 14th December 2016
• by Farah Montasser

The board of the New Urban Communities Authority (NUCA) has approved the reduction of administrative fees that are applied on the purchase of land plots for an entire year, in efforts to facilitate procedures for inv ...

Several Hypermarkets to be Implemented in New Cities

• Wednesday, 14th December 2016
• by Farah Montasser

New Urban Communities Authority (NUCA) is expected to launch a number of hypermarkets branches across Sadat City and Borg El Arab City, reported Invest-Gate

Social Housing Projects Commence in Sales and Development

• Wednesday, 14th December 2016
• by Farah Montasser

Around 270,000 low-income citizens have placed total installments of EGP 1.08bn on 400,000 social housing units located in the new cities, reported Daily News Egypt

Egypt’s New Capital Completes 30% of its Infrastructure

• Wednesday, 14th December 2016
• by Farah Montasser

Approximately 30% of the first phase of Egypt’s Administrative Capital infrastructure has been completed, Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly informed President Abdel Fattah Al Sisi ...