El Gazzar Says 2,500 Houses for Giza Slum Dwellers 37% Done

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 2,500 houses are under construction in October Gardens, designated for Giza's informal housing residents, hitting a completion rate of 37% ...

Some 1 mn Homes Link to Natural Gas Grid in FY 2019/20

The petroleum ministry has confirmed the delivery of natural gas to about 1.07 mn housing units in FY 2019/20, which 107% higher than the original target.

Work in Full Swing at New Mansoura’s JANNA, Sakan Misr

New Mansoura sees about 11,232 residential units (468 buildings) in the JANNA luxury housing project 75% completed, while 4,704 apartments (196 buildings) are 90% finished in the city’s Sakan Misr medium-income pr ...

1st Villa Launch at SODIC’s VYE Sells Out in 48 Hrs

Sixth of October for Development and Investment Company (SODIC) said the first batch of standalone villas in west Cairo's VYE project has been sold out, raising EGP 250 mn in sales within 48 hours only.

NUCA Cuts Late Fees on Different Properties in New Cities

The New Urban Communities Authority (NUCA) will cut late fees owed on residential and commercial properties in new cities for the next two months, in the efforts to spur owners to pay off their arrears.

CED, Al Oula Join Forces to Offer Various Mortgage Packages

Egypt's national developer City Edge Development (CED) and Al Tameer Mortgage Finance (Al Oula) have joined forces to provide a diverse range of mortgage financing activities to potential home buyers.

Mountain View’s Latest West Cairo Project Logs EGP 1 bn Sales

Egypt's property developer Mountain View has launched "MV Park - The Lake," its latest residential project in 6th of October City, generating sales totaled at EGP 1 bn.

Cabinet Reallots 707,000-Acre Coastal Lands for New Urban Project

Egypt's Cabinet has passed on the reallocation of four 707,000-acre land plots on the North Coast for the establishment of a new integrated urban community.

Mountain View Addresses Occupational Safety & Health to Combat Coronavirus

Mountain View has worked on a protocol for occupational safety and health amidst the Coronavirus pandemic, in an attempt to provide ultimate protection in workplaces and construction sites, reveals its Chairman Am ...

Egypt’s Property Exports to Rebound After Coronavirus Storm: Shoukri

Rooya Group Chairman and CEO Hisham Shoukri foresees a strong comeback of real estate exports as the Egyptian property market begin recovering after the coronavirus storm passes, with a special focus on serviced a ...

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