Latest in Tag: Residential units Highlight
Latest in Tag: Residential units
Royal plans to deliver 80 residential units in New Cairo this year
Real estate companies’ flexibility dealing with COVID-19 crisis helped them survive, says Chairperson
Egypt builds 326,300 residential units with EGP 106.9bn investments in FY 2017/18
According to the report, there is a 32.2% increase in the number of housing units implemented by the government, reaching 105,100 units in FY 2017/18, compared to 100,500 units in FY 2016/17.
Housing Ministry to establish over 1.1m residential units in 5 years
Establishing new urban communities became one of the engines of economic growth in Egypt and building sustainably is a priority in the country’s 2030 Vision, Khaled Abbas, deputy minister of housing, said. The ministry of housing plans to establish more than 1.1m residential units during the coming five years and we will be waiting for …
IDWBE injects EGP 675m to deliver gas to 375,000 residential units
Bank signs three contracts with Cairo Gas, Sinai Gas, PetroTrade
Abu Soma Development to deliver 200 residential units in Soma Bay by end-2018
Al Reef Villas project completed, says CEO
EGP 85.052bn cost of establishing 276,600 residential units in FY 2016/2017: CAPMAS
The fiscal year (FY) 2016/2017 witnesses the establishment of 276,600 residential units, implemented by the private and public sector at a cost exceeding EGP 85.052bn, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). In a recent report, the CAPMAS said that the government implemented 59,964 units with investments reaching EGP 34.206bn. Meanwhile, …
High-class lands lead price hikes of residential units
NUCA prepares the offering of new lands, square meter prices in New Cairo might reach EGP 6,000
Arab Union for New Urban Communities to build 30,000 residential units
Egyptian and Saudi companies will invest EGP 30bn to construct the housing units
7,000 social housing units in 6th of October to be delivered in 2016
Armed Forces Engineering Corps supervises 40% of units in 6th of October’s social housing project
SODIC and Heliopolis Housing sign Contract for Co-development of 655 acres in New Heliopolis
Minimum guaranteed revenues are estimated at approximately EGP 5.01bn to be paid over unequal annual instalments
New fund to compensate victims of real estate fraud
Ministry of Housing awaits upcoming law to send to parliament for approval
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
New Aswan City to see construction under much-delayed Social Housing Programme
The Ministry of Housing announced the construction of 4,000 units; 640 units already constructed
Dar Misr project implemented by 31%
The first phase includes establishing 13,269 units in New Cairo and 5,712 units in New Damietta
Dorra targets 10,000 residential units project
The company seeks to build 3,000 units per year
30,000 units issued for Social Housing Programme
Represents first time for programme’s units to be issued in Giza governorate, says Madbouly
Government builds 200,000 social housing units annually: Executive body head
Cost of social housing units does not exceed EGP 135,000, according to Salah Hassan
Arabtec seeks funds from banks
UAE construction company holds talks with domestic and international banks
5 years needed to implement Arabtec project
The Emirati company’s profits from the project will not surpass 7.5% of project’s cost
Families’ maximum income rose to EGP 3,000 per month in Mortgage Finance Law
Amendments will benefit applicants for 1m residential-unit project, housing minister says
Government delivered only 57 units from its 1m residential-unit project: EIPR study
Allocation for the project in FY 2014/15 state budget amounts to EGP 9.5bn in total
Al-Sisi amends Property Tax Law to exempt owning EGP 2m in one unit
Amended law says hotels, clubs, hospitals, medical centres and clinics affiliated to the armed forces are exempted from paying taxes
Property law approved, expected to raise EGP 3bn: Government officials
Tax rate applied will be 10% of the units’ rental value
5.14% year on year decline in construction spending: CAPMAS
Unstable economic situation in Egypt the main reason behind decrease in construction projects in 2012/2013, says agency
Bids for 50,000 residential units to be issued by NUCA
The units will be constructed in 15 different cities and governorates nationwide
9,125 residential units constructed in Beheira: Minister of Housing
Ministry of Housing implementing low-middle income housing projects across Egypt
50% of Egyptians ineligible to benefit from social housing programme: EIPR
Government minimum income regulations exclude poorest categories of Egyptians, but include the middle, upper middle and rich classes
Reservations of 50,000 residential units to be accepted by mid-April
Construction of the units, which is part of Egypt’s social housing programme, will be completed within a year, housing minister says
Field Marshal Al-Sisi announces one million residential units for youth
Army to cooperate with Emirati construction company Arabtec to supply units over period of five years
Natural gas delivery to homes registers a 30 years high
Chairman of EGAS attributes this increase to the accessibility of funding