Deadline for application and housing unit prices for all Egyptians
The deadline for applying for the 2024 social housing apartments "Housing for All Egyptians 5" is approaching, as part of the presidential initiative dedicated to low- and middle-income people, during which 78,730 residential apartments were offered with areas ranging between 75 and 90 square meters.
Social housing apartment prices
The Ministry of Housing, Utilities and Urban Communities announced the prices of the 2024 social housing units for low-income people in the new cities, as the reservation down payment is 30 thousand pounds, for the ready-to-deliver residential units in the new cities, which number 12 thousand and 990 residential units, with prices ranging between 415 thousand pounds and 530 thousand pounds in the following cities: "New October, Tenth of Ramadan, New Borg El Arab, Sadat, New Akhmim, New Sohag, New Minya, New Qena, West Qena, New Thebes, New Aswan".
Prices of immediate delivery apartments
In the governorates, the price of the apartment ranges between 184 and 400 thousand pounds with a reservation down payment of 20 thousand pounds, and they are units ready for immediate delivery.
Prices of units to be delivered within 36 months
The prices of residential apartments that will be delivered within 36 months for low-income people range between EGP 542,000 and EGP 700,000 for about 41,782 housing units in the following new cities: "Capital Gardens, 15th of May, New October, October Gardens, 10th of Ramadan, New Borg El Arab, Sadat, New Minya, New Aswan".
Price of the terms and conditions booklet for social housing apartments 2024
The terms and conditions booklet can be purchased for EGP 300, and administrative expenses of EGP 355 can be paid, and a down payment of EGP 30,000 can be paid from the automated post offices in the designated cities.
Places to sell the conditions booklets for social housing 2024
The Ministry of Housing said that citizens wishing to purchase the conditions booklets to reserve social housing units 2024 should obtain them through post offices in various governorates across the republic, which start working from 8 am to 2 pm, and others start working during the evening period from 11 am to 6 pm.
Conditions for reserving social housing apartments 2024
The Ministry of Housing and Utilities has set the conditions that applicants must adhere to in order to obtain a housing unit, and the conditions are as follows:
- Contracting under the real estate financing system for low-income citizens with an interest of 8% annually, and for middle-income citizens 12% annually.
- The down payment for reserving housing units starts from 20% for an installment period of up to 20 years.
- The applicant must not be less than 21 years old when reserving social housing apartments 2024.
- The applicant is prohibited from purchasing units in cash, and is obligated to contract and pay under the real estate financing system.
- The age of the low-income applicant should not exceed 50 years, and the age of the middle-income applicant should not exceed the retirement age
Steps to apply for booking social housing apartments 2024
- Visit the Social Housing Fund and Real Estate Finance Support website.
- Choose to book units.
- Write the required data.
- Attach a copy of the national ID card, provided that it is valid.
- The applicant chooses the booking location and the floor he wishes to reside in.
- Finally, click on Finish.
Required documents to apply for social housing apartments 2024
- Computerized family registration + computerized marriage certificate.
- Insurance printout, if any + income certificate + utility bill.
- A copy of the national ID of the husband and wife and a copy of the children's birth certificates.
- A copy of the lease contract for the unit in which the applicant resides + a receipt for payment of the reservation deposit.
- A copy of the receipt for payment of the conditions booklet + the acknowledgment attached to the conditions booklet after it is signed by the customer.
- The reservation form attached to the conditions booklet, specifying the city to be booked, the governorate, and the type of unit