NUCA Allows Construction of Additional Floors in New Cities

New Urban Communities Authority (NUCA) is now allowing owners of small plots of land in new cities to build an extra floor.

Assiut to Offer 66,000 sqm to Investors in August

Assiut Governorate, in cooperation with the Ministry of Investment, will offer 66,000 square meters for investors in a one-stop window in August.

Ministry of Housing Offers Land in Upscale Areas in New Cairo

Ministry of Housing, Utilities and Urban Communities is working on launching a tender for land plots in New Cairo, the category of land offered will be Distinctive. The highest category of land offered by the state, ...

Heliopolis Company Set to Sign EGP 100M Contract for Water Plant

Heliopolis Company for Housing and Development, Egypt-based construction company, plans to sign a contract within two weeks to implement water tertiary treatment plant in New Heliopolis City, said Khaled Marasi, its ...

Eradicating Informal Settlement Areas is Government’s Top Priority

President Abdel Fattah Al-Sisi stated the government’s commitment to eradicating informal housing settlements (ashwa’yat) through the social housing projects implemented by the state.

Deadline Extended to Reserve Units at Beit Al-Watan Project

The Egyptian cabinet agreed to extend the land reservation deadline for Egyptian expatriates for the Beit Al-Watan project and the units at the Rehab and Madinaty project until July 21st due to numerous national hol ...

Slum Development Fund to Embark on New 200 Acre Project

A new urban development project is due to be built in Al Salam district, east Cairo on the Belbeis Road over a 200 acre area. The project is a collaboration between the Slum Development Fund and the Integrated Urbani ...

Rental Properties to See a 25% Spike During Summer Months

Summer rentals are expected to increase by 25% this summer, according to real estate market stakeholders, the highest increase in rental prices.

FEI: A Spike in Real Estate Prices Expected

Real estate prices are expected to rise in the upcoming period due to the increase in construction material prices, according to Ahmed Abdel Hamid, chairperson of the Building Materials Chamber at the Federation of E ...

Al Ahly to Deliver 1,286 Units in Amwaj

Al Ahly for Real Estate Development intends to hand 1,286 residential units as part of the Amwaj project in 2017, said its Chairman, Hussein Sabbour.

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