Steps to apply for new apartments in social housing
Fully finished and ready-to-move-in 92-meter apartments with a down payment of 60 thousand ... Details
The Egyptian government, under the leadership of President Abdel Fattah El-Sisi, seeks to provide housing units within everyone's reach and at subsidized prices
For this reason, the Ministry of Social Housing announced the launch of residential apartments in various housing projects.
Date of launching social housing apartments
The Ministry of Housing, Utilities and New Urban Communities provided methods for booking housing apartments, as citizens wishing to obtain housing units can enter the ministry's website.
It is scheduled to offer 1,160 fully finished super deluxe residential units with areas ranging from 63 m2: 93 m2.
In a number of cities, including New Obour City and New Assiut, according to what Dr. Asim El-Gazzar, Minister of Housing, announced.
Date of applying for distinguished housing apartments
Reserving distinguished housing apartments will be through the electronic reservation priority system "online", through the website of the Housing and Construction Bank.
Where all the details, locations, areas, prices and payment methods will be available on the website of the Housing and Construction Bank, starting from Sunday, December 17, 2023.
Advance payment for booking distinguished housing apartments
The value of the advance payment for booking distinguished housing apartments announced is 60 thousand pounds in this.
In addition to 750 pounds in administrative expenses.
Conditions for booking distinguished housing apartments
Conditions for booking distinguished housing apartments are as follows
The applicant for the reservation must be a natural person of Egyptian nationality and no other.
The applicant for booking the housing unit must not be less than 21 years old on the date of offering and must have the capacity to dispose and contract.
The conditions that must be met also include that the family (husband, wife and minor children) is not entitled to apply to book more than one unit.
The provisions of Law No. 59 of 1979 regarding the establishment of new urban communities and the Authority's real estate regulations and their amendments, as well as the provisions of Real Estate Finance Law No. 148 of 2001 and its executive regulations and the decisions of the Central Bank issued in this regard and Law 119 of 2008 and its executive regulations are complementary and supplementary to the requirements contained in this booklet in matters not provided for in it.
The advertisement and the conditions booklet are considered an integral part of the sales contract and complement its provisions.
The residential units offered for sale are designated for residential use only.
The buyer or his general or special successor does not have the right to change the use for which the unit is designated. In the event of a violation of this, the Authority's real estate regulations shall be applied in this regard.
With the termination of the contract without notice or warning or issuing a judicial ruling and taking the procedures resulting from the termination of the contract in accordance with the rules in force in this regard, as the sale prices of the units have been set for residential use only.
Applying for any of the housing units included in this booklet is considered conclusive evidence of acceptance of all that is stated in the announced conditions booklet.
Steps to book units in the social housing project
1 - Log on to the website of the Housing and Construction Bank
2 - The conditions booklet is reviewed or printed to know all the details "areas - prices - building numbers" with the possibility of reviewing the reservation steps.
In the event that the applicant does not have a current account on the website, the applicant creates a new account by clicking on "Register a new user".
3 - Register the e-mail "E-mail" to ensure receipt of the password.
4 - Click on the "I want to apply" key and then extract the application number. The review screen will show the basic data and modify it as needed.
5 - After completing the review of the data, click on "Confirm" to display the application number on the screen, which is the number that will be used as an account number to transfer all financial amounts. The application can also be printed after that.
In this step, an amount of 60,000 EGP only is transferred, as a reservation deposit, in addition to an amount of 750 EGP as a non-refundable registration fee - in one payment and not divided.
The transfer must be made from the customer's account or a relative up to the second degree only, and the transferor bears the commissions and transfer expenses from his bank account to the account number, the form number obtained in the previous step at the Housing and Development Bank, Dokki branch.