homebuyers
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Government Land
Gov’t Grants 3M Extension for Payment of Real Estate Arrears
Thursday, 14 January 2021
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has approved the extension of full payment of residential and non-residential arrears to March 15, with fines exemption.
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Government
Deliveries at NAC’s Capital Residence to Start January 3: Minister
Saturday, 2 January 2021
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has unveiled plans to deliver several housing units in Capital Residence, located in the New Administrative Capital's (NAC) R3 District, from January 3 to July 5.
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Government
New Cairo Awaits Completion of 1,625 Dar Misr Units Next January
Thursday, 24 December 2020
Vice President of New Urban Communities Authority (NUCA) Abdulmutallab Mamdouh has inspected work on phase II of New Cairo's Dar Misr middle-income housing project, affirming that 1,625 apartments (69 residential buildings) are set for delivery starting from January 2021.
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Developers
SODIC, AAIB Partner to Offer E-Payment Solutions to Clients
Wednesday, 23 December 2020
Sixth of October Development and Investment Company (SODIC) has signed a partnership agreement with Arab African International Bank (AAIB) to provide customers with e-payment solutions through the developer's official website.
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Developers
MIP Posts EGP 2 bn Contractual Sales in 2020: CEO
Wednesday, 23 December 2020
Egypt-based real estate developer Misr Italia Properties (MIP) has managed to record contractual sales of EGP 2 bn in 2020, paired with the delivery of mixed-use units at five different property projects nationwide, despite the Coronavirus-induced slump.
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Developers
Al Marasem Begins Delivery of New Cairo’s Fifth Square Phase I
Tuesday, 22 December 2020
Al Marasem International for Development has commenced deliveries at the first phase of its New Cairo project, or "Fifth Square," featuring a total of 576 fully-finished residential units (42 buildings).
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Developers
AlKarma Rolls Out New EGP 1.8 bn Compound in Sheikh Zayed
Tuesday, 22 December 2020
AlKarma Developments has rolled out its newest property project in west Cairo's Sheikh Zayed, called "AlKarma Gates," with investments totaled at EGP 1.8 bn, intending for completion by 2024.
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Developers
Phase I of New Zayed’s Karmell Sells Out on Launch Day: SODIC
Thursday, 17 December 2020
Sixth of October Development and Investment Company (SODIC) sold out the first batch of residential units at its newest 240-acre west Cairo project in New Zayed, dubbed "Karmell," on the first day of launch on December 16.
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Business
Dubai’s Resale Home Deals Hit 7-Yr High: Property Finder
Thursday, 17 December 2020
The latest data by Property Finder Group shows Dubai's resale home deals have hit the highest record in almost seven years, with 2,179 transactions sealed in just one month.
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Developers
Al Arabia Constructs 50% of All its Property Projects Nationwide
Monday, 14 December 2020
Al Arabia Company for Real Estate Development has announced the completion of 50% of work on all of its real estate projects in New Cairo, coinciding with the celebration of its 17th anniversary as the Egypt-based developer offers potential clients with payment schemes of up to 72 years.
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Mabany Edris Launches its Latest EGP 1bn- Green 6 Compound
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Last Modified February 25, 2021