Installment of 511 pounds in 18 governorates, an apartment with immediate delivery, fully finished
Social housing apartments
In continuation of the Egyptian government's keenness, led by President Abdel Fattah El-Sisi, to provide decent housing units at reasonable prices for Egyptian citizens and families with medium and low incomes.
The Ministry of Housing and Real Estate Finance Support continues to open the door for applications for the supplementary advertisement apartments "Housing for All Egyptians 3".
The Social Housing and Real Estate Finance Support Fund has opened the door for families to apply for the supplementary advertisement housing units within the "Housing for All Egyptians" project in 18 governorates.. What are the details?
Social housing apartments in 18 governorates
The Social Housing and Real Estate Finance Support Fund announced the opening of applications for the supplementary advertisement housing units "Housing for All Egyptians" in 18 governorates, with a number of 130,000 apartments.
The Ministry of Housing, Utilities and New Urban Communities has provided the conditions booklet for housing apartments in the supplementary advertisement, through the official website of the Social Housing Fund, including details of applying for new residential apartments.
Those wishing to obtain residential units with immediate delivery within the "Housing for All Egyptians" project will have to pay EGP 35 as a transfer request fee at the post office.
The minimum income of the applicant must be EGP 1,200
No financial payments will be made at the present time
Instalments for social housing apartments, the supplementary announcement, Housing for All Egyptians
Instalments range between EGP 410 and EGP 476 for apartments with prices starting from EGP 194,000, and installments from EGP 445 and EGP 511 for apartments with prices reaching EGP 207,000
Conditions for applying for delivery units, Housing for All Egyptians
Those wishing to reserve a residential unit in the supplementary announcement with a delivery system after 36 months will have to complete the required down payment of EGP 6,000 for the reservation.
The amount must be paid at one of the automated post offices during the announcement period
The applicant must pay 35 pounds as a transfer fee
The applicant must pay quarterly installments starting 3 months after closing the advertisement for a period of 3 years
The value of the installment is 6 thousand pounds
The prices of residential apartments in the delivery system after 36 months start from 500 thousand pounds and reach 530 thousand pounds depending on the location of the unit
The prices of apartments may increase by 15% in the event of an increase in the prices of building materials
The minimum income of the applicant for these apartments must be 3500 pounds
The installments range between 1750 and 2230 pounds according to the income of the applicant and the financing period.