Latest in Tag: housing units Highlight
Latest in Tag: housing units
Abu Soma Development seeks to launch tourist housing units on 500k sqm land
Studying issuance of securitization bonds worth EGP 300m to be completed by end of December: El-Missiri
Egypt builds 194,200 housing units with EGP 79bn investments in FY 2019/20
Low-cost housing accounts for 56.2% of total units
Government builds 103,000 housing units worth EGP 23.5bn in 2020
Egypt’s Ministry of Housing, Utilities and Urban Communities has built 103,000 housing units, worth a total of EGP 23.46bn in investments, during 2020, according to Minister Assem El Gazzar.
Al-Sisi instructs adding 3,300 housing units to ‘Residence for all Egyptians’ project
This came during his meeting with Prime Minister Mostafa Madbouly, Minister of Local Development Mahmoud Shaarawy, Minister of Housing Assem El Gazzar, President’s Advisor for Urban Planning Amir Ahmed, and Head of the Armed Forces’ Engineering Authority Ehab El Faar.
Egypt builds of 281,000 housing units in 2018/2019: CAPMAS
The latest figures reflect a 13.8% decline in terms of unit construction and 11.5% decline in investments on the previous year, with 326,300 units built in 2017/2018 at an investment of EGP 106.9bn.
HDB, Buildings Finance Fund sign deal to facilitate application for housing units
Ghanem said the HDB would market the housing units offered by the fund through the bank’s website, to ensure transparency and equal opportunity, and to make it easier for citizens to apply for the units, whether inside or outside Egypt.
Israel approves construction of 715 housing units for Palestinians, 6,000 for settlers
Israeli army arrested 14 Palestinians in West Bank, denies summoning a child
Housing Ministry targets construction of 40,000 housing units at NAC end-June 2020
The Minister of Housing, Utilities and Urban Communities, Assem El Gazzar, said that the ministry aims to complete the implementation of more than 40,000 housing units as well as, completing a number of utilities and services projects in the New Administrative Capital (NAC) by the end of June 2020. The projects, due to be completed …
HDB signs agreement with Port Said Governorate to establish 294 housing units in Jawhara project
Bank granted mortgage funding for 22,000 social housing beneficiaries worth EGP 500m
Subletting social housing units still incessant
Daily News Egypt received some complaints from unit’s owners, noting that the subletting of the units is still incessant. Some owners are offering up their properties to workers and families at prices ranging from EGP 700-1,000 a month.
Shorouk, Madinaty, El Mostakbal hike prices by 20% in conjunction with offering housing units in New Administrative Capital
More prices hikes expected for property in El Mostakbal city as natural extension of New Administrative Capital, says Sabbour
Al Oula to finance 250 clients to buy social, middle class housing units
Al Oula to pump EGP 350m in Q1 2018, says chairperson
Construction companies demand Housing Ministry to contract with security companies to secure completed housing units
The contracting company’s responsibility ends immediately after the initial delivery, says Al Damrawi
750,000 housing units needed annually: Al-Sharif
Unlicensed real estate units in cities is estimated at 1.2 million
TMG to invest EGP 2.5bn in Madinaty, Rehab, Four Seasons in second half of 2016: executive vice president
41% sales of Madinaty housing units and infrastructure is fully complete
Banque Du Caire finances the purchase of 6,229 housing units for low- and middle-income individuals by end of May
The bank contributes EGP 6.5bn in the syndicated loan arranged for the benefit of the Social Housing Fund, says El-Zahid
NBE finances purchase of 8,600 low- and middle-income housing units with EGP 700m
Hegazy attributed the bank’s success in being able to finance its large number of clients to its ongoing cooperation with concerned parties, such as the CBE and the Mortgage Finance Fund (MFF), in addition to covering all geographic areas in Egypt
Capital Group Properties develop ‘Alburouj’ project with investments of EGP40bn
Project includes 30,000 units, built on 1,212 acres
Mortgage Finance Fund looks into 20,600 citizens competing for 14,400 housing units
The fund rejects 8,400 applications in New Cairo and 6th of October City
Constructing 150,000 housing units is largest projects and is implemented in record time: Melhleb
The year 2015 witnessed a major breakthrough in roads and bridges projects and a total of 130 roads are completed
Banking sector allocates EGP 10bn for Housing Ministry to build 450,000 housing units: Amer
About 90% of national output in advanced societies is based on small projects and small- and medium-sized enterprises (SMEs) which have become CBE’s new strategic goal now after they were neglected in the previous period
145,800 housing units were constructed during FY 2013/2014: CAPMAS
70.8% of the units were implemented through private sector investments of EGP 15.5bn
Ministry of Housing to allocate 5,000 land parcels in 10 new cities.
Draw entry fees are EGP 25,000 as down payment in cash or with accredited banking cheques in any Housing and Development Bank branch
Campaign to build studio apartments for youth
If the government decides to build such apartments, the bank will support the process, says Housing and Development Bank CEO
NBE to grant credit for 640 housing units
CBE launched mortgage initiative last April worth EGP 10bn for real estate financing involving funding housing for low-middle income classes at concessional terms