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 ...

Madbouly: Prices for Reserved Social Housing Units will not Increase

• Tuesday, 8th November 2016
• by Karim Mohy

The prices of the reserved social housing units will not increase following the flotation and subsequent devaluation of the Egyptian pound against the US dollar, according to Minister of Housing, Utilities, and Urban ...

Price of Construction for Social Housing Units Set to Increase

• Monday, 7th November 2016
• by Karim Mohy

The Ministry of Housing, Utilities and Urban Communities is preparing for an increase in the cost of building social housing units, to record EGP 155,000 per unit instead of EGP 135,000, in the contracts that will be ...

7,690 Social Housing Units to be Implemented in Beheira

• Monday, 7th November 2016
• by Karim Mohy

A total of 7,690 social housing units will be constructed in the governorate of Beheira in the Nile Delta, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

Housing Ministry Delivers 3,547 Units in Gharbeya

• Sunday, 6th November 2016
• by Karim Mohy

A total of 3,547 social housing units have been delivered to citizens in Gharbeya after the signing of contracts, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

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of Housing, Utilities, and Urban Communities received a report stating that approximately 11,800 citizens have withdrawn the terms and conditions for social housing, while 2,750 citizens have made a down ...

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.

Housing Minister Meets with World Bank Delegation

• Tuesday, 1st November 2016
• by Karim Mohy

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with an evaluation delegation from the World Bank to discuss projects that are set to be undertaken in the drinking water and sewage sectors.