Developers fear Government Competition in Real Estate Market -Sources

• Wednesday, 9th November 2016
• by Karim Mohy

Small and medium-sized real estate companies are reportedly growing concerned following the Housing Ministry’s offering of units at an unsubsidized cost of EGP 198,000, which will result in taking away a huge number ...

Mortgage Finance Fund Loans Remain Steady Amid Interest Hikes

• Sunday, 6th November 2016
• by Karim Mohy

The loans provided by the Mortgage Finance Fund for real estate, targeting middle- and low-income citizens, will remain steady amid a 3% increase in key interest rates at banks, Mai Abdel Hamid, Chairman of Mortgage ...

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of Housing, Utilities, and Urban Communities received a report stating that approximately 11,800 citizens have withdrawn the terms and conditions for social housing, while 2,750 citizens have made a down ...

Ministry Clarifies Status of Social Housing Applications in Port Said

• Wednesday, 12th October 2016
• by Fatma Khaled

Following the confusion that arose regarding the status of applicants in the social housing programme in Port Said, Head of the Mortgage Finance Fund Mai Abdel Hamid clarified that only 26,875 of the previous applica ...

MFF Head: VAT, Dollar Value to Increase Real Estate Prices

• Wednesday, 12th October 2016
• by Fatma Khaled

The increasing value of the dollar and the new value-added tax (VAT) are expected to result in an increase in the prices of social housing units, according to Mai Abdel Hamid, Head of the Mortgage Finance Fund.