Latest in Tag: Housing Highlight
Latest in Tag: Housing
EGP 426m invested in Beta Greens housing project
Beta Egypt for Urban Housing develops housing for middle-income citizens
Deadline extended to reserve units at Beit Al-Watan, Rehab, Madinaty projects
These units are complete and come in different models, ranging from 58-162 sqm, says the minister of housing
Housing, planning, local administration ministers face 67 requests for information, 12 inquiries on drinking water
Madbouly calls on MPs to help increase water network allocations by EGP 2bn
Despite a slight decrease in Q1 profits, SODIC is set for expansion and higher profits
SODIC announced the completion of a number of major projects, such as the Courtyard development and East Cairo projects, including Villette and Eastown
Over 21,300 plots of land to be opened for reservation
Area of plots offered ranges between 209sqm and 1,500sqm
NUCA assigns new units to contractors for Tahya Masr housing project
The project, which will construct 200,000 units, will be finalised within a year
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
Al-Sisi inaugurates housing, infrastructure projects across Egypt
The president instructed officials to begin work on these projects
Plan to develop 6th of October Gardens with EGP 1bn
Annual budget of EGP 2.5bn for 6th of October City Council
1,000 excluded from low-income housing for ‘insufficient wages’
Those in the lowest income bracket have been prohibited from applying to the Mortgage Finance Fund because their income does not meet the minimum limit
United Bank of Egypt to finance 1,000 housing units in Suez
The bank announced launching the project for those with low-income through a mortgage system
Ministry of Housing signs agreements to develop 3 informal settlements in Cairo
Development in the districts of Sayeda Zeinab, Mokkatam, and Abdeen will cost EGP 1bn
FEDCOC investors focus on low to median housing and Real Estate Developer’s Union Law
The FEDCOC seeks to add 500,000 housing units and prompt action on the union’s law by year’s end
Will launching World Day to Combat Housing Crisis solve Egypt’s deficit?
Launching such a day will not address real estate sector’s problems unless government takes real steps to address mortgage problems, says member of Real Estate Investment Division
Dar Misr project implemented by 31%
The first phase includes establishing 13,269 units in New Cairo and 5,712 units in New Damietta
New tenders to be offered by NUCA
Last week, the authority offered 5 bids in 3 new cities
Development works of 47 slums to be completed soon: Housing minister
32 areas will be developed during FY 2015/2016, Madbouly says
NUCA invests EGP 4.7bn during Q1 of FY 2015/2016
NUCA’s budget in current fiscal year reached EGP 33.2bn
Jordan’s Masaken Capital to acquire Cairo-based firm
Masaken Capital targets stock markets listing, projects for limited-income individuals
Misr Italia to establish 500 acre residential project in 6th of October City
Project will include administrative and commercial projects
Cairo suffers shortage of middle-income housing: JLL
Government and developers need to cooperate in fixing the shortfall, JLL suggested
Orascom subsidiary to build largest student housing project in US
Project would cost Weitz, which is a subsidiary of Orascom, a total of $245m
Government plans housing units for Batn Al-Bakara slum citizens: Mehleb
Egypt has 1,300 slums, including 340 high-risk areas, we look to remove them and move their inhabitants into safe houses, says prime minister
Upper Egypt-Red Sea road to be implemented in 1year
Road to cost EGP 104m, the ministry of housing indicated
NUCA implements Housing Ministry’s FY 2014/2015 plan
Authority continues to connect facilities to around 50,000 acres of land parcels allocated in previous FY
Government raises allocations of low-income housing by 19%: Finance Minister
Ministry of Housing plans to allocate 20% of the loan to fund housing unit rents
Ministry of Housing may provide lands in exchange for housing units: Badr El-Din
The Union of Real Estate Developers Law, and a fund for protecting consumers from commercial risks will be discussed, says the Real Estate Investment Division head
NUCA, housing ministry meet to resolve ‘Beit al-Watan’ land parcels issue
Rage among “Beit al-Watan” applicants due to government’s evasiveness
UAE to invest $2bn in Egypt in next FY in housing projects: Investment Minister
UAE Minister of State to coordinate between Kuwaiti, Saudi and Egyptian governments to determine spending of investments announced at Economic Summit
Final contract preparations for private sector partnership in 2 months: Amin Abdel Moneim
Ministry of Housing rushes to prepare contracts for partnership, on back of Economic Summit MoUs