Good news for those wishing to book 90-meter housing apartments with a down payment of 30 thousand pounds
A large number of citizens are looking for Housing for All Egyptians 5 apartments, which are announced by the Ministry of Social Housing and booking in housing apartments, as citizens wishing to obtain housing units can enter the ministry's website.
New offering Housing for All Egyptians 5
In this regard, the Social Housing Fund is preparing to launch the new phase of Housing for All Egyptians 5 apartments within a few weeks, and the units will be delivered within 36 months from the date of application. In addition, ready-to-deliver units are being considered in several new cities and governorates.
Two models of units are available in the "Housing for All Egyptians 5" project. The first model is 75 square meters, fully finished and constitutes the vast majority of the units ready for delivery.
The second model is 90 square meters, fully finished and constitutes more than 80% of the units offered. These units will be delivered within 3 years from the date of sorting the applications, with the possibility of paying the units over a maximum period of 20 years.
Payment systems for the apartments of Sakan Lel Kol El Masryeen 5
The down payment for the units is expected to be between 30 and 35 thousand pounds, with quarterly installments paid for 12 installments. The value of the installment will be between 6 and 8 thousand pounds. The receipt payment will vary from one person to another based on age, monthly income and financing criteria.
The initial prices of the residential units are expected to increase by 15%, which means that the price of the residential units of social housing will start from 350 thousand pounds and reach 575 thousand pounds depending on the city. This is compared to the prices of the last announcement for the units of "Sakan Lel Kol El Masryeen".
Places to offer housing for all Egyptians 5 apartments
As for the places to offer these housing units, the "Housing for All Egyptians 5" units will be available in more than 12 new cities, the most prominent of which are October Gardens, New October, 15th of May, Badr, Capital Gardens, New Obour, 10th of Ramadan, Sadat, New Nubaria, New Borg El Arab, New Sohag, New Akhmim, New Aswan, West Qena, New Assiut, and New Fayoum.
Date of opening reservations for new units
As for the date of reservations for social housing apartments 2024, which thousands of young people in Egypt are waiting for, the Social Housing Fund announced its readiness to launch the new phase of the "Housing for All Egyptians 5" initiative within a few weeks, as part of its keenness to provide suitable housing at reasonable prices for low- and limited-income citizens.
This phase of the initiative is characterized by the possibility of delivering housing units to applicants within only 36 months from the date of application, in order for the Fund to quickly provide housing for beneficiaries, and it will also be offered within a few weeks.
In addition, the Social Housing Fund is studying the launch of ready-to-deliver housing units in a number of new cities and modern urban communities, to meet the needs of citizens who wish to obtain quick housing.
In the same context, Dr. Assem El-Gazzar, Minister of Housing, Utilities and Urban Communities, followed up on the latest developments in the implementation of units in the presidential initiative "Housing for All Egyptians" in the cities of New Cairo, Tenth of Ramadan and the Capital Gardens, through the results of inspection tours and reports on the initiative.
Dr. Assem El-Gazzar stressed the need to pay attention to the executive programs of the presidential initiative "Housing for All Egyptians", and the required quality in implementation.
Completion of the implementation of buildings and facilities in them
The Minister of Housing also directed the implementation of service projects at the sites of the presidential initiative "Housing for All Egyptians", in conjunction with the implementation of buildings, as well as paying attention to site coordination work first-hand at the sites where the implementation of buildings and facilities has been completed, to deliver the units to their beneficiaries with ready services.
In this context, Eng. Abdel Raouf El-Ghitti, Chairman of the New Cairo City Development Authority, inspected the progress of work in the units of the presidential initiative "Housing for All Egyptians" in the Third Settlement, as a new housing axis being implemented under the supervision of the city authority as part of the state's plan to provide adequate housing for all Egyptians.
The Chairman of the New Cairo City Development Authority explained that the presidential initiative "Housing for All Egyptians" includes the implementation of 222 residential buildings with 5,208 housing units with areas ranging from 90:120 square meters, 174 administrative units, and 81 commercial units, which are being implemented, noting that the completion rate has reached an advanced stage.
In the Tenth of Ramadan City, Eng. Alaa Moneeb, Chairman of the City Authority, followed up on the completion of the implementation of the units of the presidential initiative "Housing for All Egyptians - Middle Income Axis" in the regional services area.
Eng. Alaa Moneeb explained that 86 buildings with 1632 housing units are being implemented, and the average implementation rate is approximately 80%, as approximately 1152 units have been completed, including the connection works to the facilities and the general site coordination works in the city, noting that the areas of the units range from (100 - 110 - 120) m2 / unit, and they are delivered fully finished.
In the Capital Gardens City, Eng. Ammar Mandour, Chairman of the City Authority, inspected the work being implemented in the units of the presidential initiative "Housing for All Egyptians - Low-Income Axis" in an area of 2350 acres, accompanied by officials of the Authority, where he directed the need for continuous follow-up of the work to complete it with the required quality, and to ensure the quality of the materials used in construction and external finishes.
The Chairman of the Capital Gardens City Authority also followed up on some of the road works being implemented and the square located at the entrance to the city, stressing the need to intensify work in the square to complete it as soon as possible to facilitate traffic movement for residents and visitors to the city, and to enable work for the Agriculture Department in
