Book your apartment in the Ministry of Housing with a down payment of 14 thousand and a monthly installment of 600 pounds
With a down payment of only 10 and a monthly installment of 600 pounds, receive your apartment in the 16th offering of the Ministry of Housing
With a monthly installment of 600 pounds, details of the announcement to book social housing apartments.
With a down payment of only 10% and a monthly installment of 600 pounds, receive your apartment in the 16th offering of the Ministry of Housing
The Ministry of Housing, Utilities and Urban Communities announced the offering of social housing apartments or housing for all Egyptians, which is one of the most important projects offered by the Ministry of Housing, Utilities and Urban Communities, represented by the Social Housing Fund.
The housing units of the Ministry of Social Housing under the name of housing for all Egyptians, are one of the most important projects offered by the Ministry of Housing, represented by the Social Housing Fund.
This is what a large number of citizens are wondering about, as many Egyptians ask about the application dates for social housing apartments, which are offered by the Ministry of Housing, Utilities and Urban Communities for low- and middle-income people, known as real estate financing.
In an interview with Dr. Mai Abdel Hamid, CEO of the Social Housing Fund, she said that there is currently no offering for the social housing project, as the fund finished the last offering of housing for all Egyptians, or what is called the 18th announcement, at the end of last year, and the results for each project were announced.
Dr. Mai Abdel Hamid, CEO of the Social Housing Fund, added in television statements that it is expected that a new announcement will be issued by the end of this month, as work is currently underway to complete the delivery of apartments for previous announcements.
Dr. Mai Abdel Hamid, CEO of the Social Housing Fund, added that the new announcement will be the new announcement for booking social housing.
This will be in a number of new cities, most notably New 6th of October, October Gardens, 15th of May, New Obour, Sadat City, and some cities in Upper Egypt. Required papers and documents to reserve middle-income housing units in "Sakan Misr", "Dar Misr" and "Gannat Misr"
1- Dr. Mai Abdel Hamid announced that the Ministry of Housing has not yet set a specific date for the 18th announcement for social housing, but it is expected to be at the end of this month.
2- She also added that the apartments being offered will be fully finished and with areas ranging between 90 and 75 meters, and there are other areas from 100 to 120 meters for middle-income people and are more expensive than social housing.
3- Mai Abdel Hamid added the prices of social housing apartments, there are two types of social housing apartments, the first type is the highest and is implemented within 3 years from the start of the application.
Dr. Mai Abdel Hamid added that the last announcement reached the price of a 90-meter apartment at 310 thousand pounds, and a 75-meter apartment at 245 thousand pounds, and it is certain that the price will increase in the new announcement for social housing apartments.
Mai Abdel Hamid also added that the second type of social housing apartments are units that were previously implemented and are located in Upper Egypt and Lower Egypt cities, and the price of the unit ranges from 197 thousand pounds to 210 thousand pounds.
4- Dr. Mai Abdel Hamid added that the method of booking in social housing apartments:
She said that to book a unit in the social housing project, several steps are taken, starting with going to the post office and purchasing a conditions booklet, and paying the reservation fee for the project at the post office as well, but we are waiting for the announcement of the dates for this step through the Social Housing Fund.
Dr. Mai Abdel Hamid added that the second step for the method of applying on the website, uploading the required papers, and waiting for the result of the application, after which the payment of quarterly installments begins.
As for the third step, it comes after the end of the payment of quarterly installments, which is the field inquiry to verify the accuracy of the data, and transferring the file to the financing authority, then receiving the unit subject to reservation, if the applicant complies with the conditions.
5- Dr. Mai Abdel Hamid also added that the terms and conditions booklet can be purchased from the post office for 150 EGP, and the reservation deposit is 15,000 EGP, then quarterly installments are paid for up to 12 installments, the remaining 2,600 EGP every 3 months, until the date of receipt.
6- Mai Abdel Hamid added that the launch of the social housing advertisement falls within the new real estate financing initiative with a return of 3% and a repayment period of 30 years, after paying 10% of the value of the housing unit as a reservation deposit for the unit.
7- She also added that whoever applies to reserve a housing unit within the launch of the social housing advertisement will receive cash support from the state that may reach 60,000 EGP for each beneficiary, depending on his age and income, in addition to the land and utilities support that all beneficiaries of social housing units receive.
8- Dr. Mai Abdel Hamid, CEO of the Social Housing Fund, added that the monthly installment in social housing apartments ranges between 600 pounds and 1200 pounds.
But there are several factors that determine the value of the monthly installment, and these things are:
The age of the applicant.
The price of the apartment.
And the monthly income.
The younger the age and the higher the income, the lower the monthly installment.