Furthermore, he pointed out that the banking and real estate sectors are currently the main supporters of the Egyptian economy, where the growth rate of the real estate sector has always been greater than the growth rate of the GDP–an indicator of the strong performance of Egypt’s real estate sector.
Company sold 300 units in project’s first phase, says CEO
Elmasria Group for Real Estate will begin marketing 650 new units in its Beet Elmasria project in Sixth of October city, with targeted sales of EGP 250m. Omar El Kady, head of the sales department, said that the project includes about 1,350 units, 700 of which have been marketed and are being delivered and the …
The ministry of housing should provide fair prices to attract Egyptians abroad to pay for it by US dollar
600,000 units have been offered so far in social housing project over two years as part of the ownership system
Revenue growth continues to be driven by unit sales in MNHD’s various projects as well as unit deliveries at the company’s Tag Sultan development, with a deliveries target of 450 units for 2016
A total of 5,352 new housing units are being built in the city, says Madbouly
The housing units are being sold despite penalty of one-year prison sentence and fine not to exceed EGP 7,000
Forces Engineering Corps received lands from NUCA for second and third phases
Every unit consists of three rooms; one hall, one bathroom and one kitchen, an area of 90 sqm
Real estate prices in Egypt will not decrease; solution is to increase income and we need 500,000 housing units annually, says real estate expert
Development projects will take place in Sadat, New Qena, and New Tayba
