Latest in Tag: New Urban Communities Authority Highlight
Latest in Tag: New Urban Communities Authority
New Urban Communities Authority approves EGP 140bn budget for FY 2021/22
Authority to start building 150,000 housing units in some new cities
Egypt, China sign contract to design, construct 5 skyscrapers at New Alamein
Skyscrapers will be self-financed from NUCA’s resources
61 new cities developed on total area of 3.25m feddan: Assistant Housing Minister
New developments represent 1.5% of Egypt’s total area
NUCA sells 5k-feddan land plot in Capital Gardens City to TMG subsidiary
Project will see EGP 500bn of investments and create 3.5m jobs, says Hisham Talaat Moustafa
Housing Ministry receives land allocation requests totalling 5,500 feddan in 2020
NUCA issues 124 ministerial approvals for property projects, 7 masterplans for new cities
Amer Group, NUCA sign Porto Minya project purchasing contract
Amer for Touristic Development has signed a contract with the New Urban Communities Authority (NUCA) to purchase a 56feddan plot of land in New Minya,on which thePorto Minya development will be constructed.
NUCA Egypt bond wins top securitisation deal award
Authority has embarked on ambitious investment plan to develop several new cities across Egypt
NUCA to keep land rates unchanged for industrial projects until 30 June
Allocating 32 plots of land in six new cities to establish service, commercial, and administrative projects
NUCA commissions SECON to manage, market New Alexandria project
SECON to market 417-feddan urban area in the first phase of the project, says CEO
NUCA receives 700 requests for direct allocation of land
Total investments of projects scheduled for approvals recorded EGP 300bn, says Walid Abbas
Egypt’s government issues 100 approvals for real estate projects annually
State focuses on overcoming any obstacles facing investors working in New Alamein city
Better Home decides to abolish expenses of unit’s ownership transfer
The board of directors of the Better Home Group company issued a decision to abolish expenses of transferring units’ ownership in the company’s projects, estimated at about 6% of the total value of the residential unit, as a facilitation for customers. The company pointed out that the board of directors decided to abolish these expenses …
Housing Ministry surpasses real estate developers in sales of new cities
No competition exists between state, developers in new cities, says NUCA assistant housing minister
Tatweer Misr plans to develop 500 feddans in Sheikh Zayed
EGP16BN IL Monte Galala’s investments, 2,700 units sold out thus far, Says Managing Director
New Urban Communities Authority offers 15 plots of land to private sector
Total area is 4,524 acres, and targeted investments exceed EGP 500bn
Sale of Imbaba airport land raises dispute between residents, Housing Ministry
The Popular Committee for the Defence of Imbaba Airport Land is preparing to file a lawsuit against the decision
Social housing unit owners demonstrate in front of NUCA for once again failing to respond to demands
Social housing unit owners claim that basic services have yet to be provided
Housing Ministry agrees to extend money collection period for Dar Misr project until October
NUCA board has approved granting sports clubs a two-year deadline for completion of extraction of remaining licences, says minister
SWA to finish plan for 500-acre project next month: Palm Hills
Palm Hills plans to apply for new plots of land in West Cairo on areas ranging from 150 to 200 acres, says Yasseen Mansour
TE cooperates with NUCA to modernise telecom infrastructure
Eitesal holds conference to look into application of technological solutions for infrastructure of smart cities
EGP 8.5bn to be pumped in new capital, 1.5m acres
The share of the 1.5m acres project will amount to EGP 3.5bn while the New Administrative Capital will acquire the remaining EGP 5bn.
New administrative capital authority to be formed to negotiate with investors: Cabinet
The land of the first phase of the administrative capital is distinctive and will be marketed easily
NUCA, GAFI sign MoU to activate one-stop-shop system: Madbouly
Administrative fees reduced by 40%-50% within the amendments to the internal statute, says Madbouly
Indian company, Sednaoui control land allocated for new El-Mex Salines Company factory: CEO
Delay in transferring the company’s factory is causing losses estimated at EGP 46m, besides $20m layoffs and compensations, says Abdel Aziz
Banks, individuals can fund Capital Cairo project: EFCBC head
Egyptian real estate development companies can fund the other four stages of Capital Cairo by facilitating and selling lands, says Abdel Aziz
Facilities for 1,000 factories project are being finalised: Housing minister
Industrial zone is located on 1,046 acres; one-third of the area is dedicated for 1,000 factories, says Abdel Aziz
New budget of EGP 5bn allocated to Cairo Capital project: Housing Minister
NUCA adopted new budget for current fiscal year (FY) 2015/2016, with a value of EGP 33.2bn, says Madbouly
5,000 land parcels offered in 10 new cities
The lands range between 209 and 276 metres, and booking starts from 26 July to 27 August
Infrastructure planning for Cairo Capital to be completed within 4 months: Housing Minister
The minister added that the ministry seeks to finalise the contracts for the six projects announced in the Economic Summit, as well as solve investment problems.
EGP 425m of new budget goes to slums: Housing Minister
It will take the ministry 14 weeks to deliver unites of “1m unit” project to beneficiaries