Steps to book middle-income housing apartments in New Cairo with a down payment of 100,000 only
Steps to book middle-income housing apartments in New Cairo with a down payme
Many citizens are looking to book housing, utilities and new urban communities apartments in New Cairo for middle-income people. As well as families wishing to obtain an apartment in the New Cairo area, which has been increasingly sought after in recent days.
The economic housing financing account at the Ministry of Housing, Utilities and New Urban Communities begins, as a number of apartments have begun to be booked within middle-income housing in New Cairo. During this report, we review the steps to obtain a housing apartment in New Cairo as part of our daily services that concern a large segment of citizens.
Economic housing financing affiliated with the Ministry of Social Housing
Where it is scheduled to offer a number of remaining apartments in the Nahdet El Tagamoa El Thalathe project "Al Mostakbal 3 District" in New Cairo.
While the housing units were allocated according to the online booking priority system through the electronic booking website of the Housing and Construction Bank. He explained that all details related to the terms of the offering, the reservation method, locations, areas, prices and payment method are available on the electronic reservation website.
Details of booking middle-income housing apartments in New Cairo
- Reservations and applications start from October 30 until November 10, and will be through the Housing and Development Bank.
- EGP 100,000 is paid as a reservation down payment, in addition to EGP 500 in administrative expenses.
- This is done by transferring to the Housing and Development Bank.
- If you wish to pay in cash, it will be through the bank's branches in Nasr City, Fifth Settlement, Katameya and Dokki.
- The residential units offered for reservation are semi-finished, consisting of finishing the external facades, stairs and entrance, in addition to installing the main door of the building and the external doors of the apartments, balconies and windows.
The unit is delivered with white plaster, drainage pipes, external feed and electrical pipes.
Prices of medium-income housing apartments affiliated with the Ministry of Economy
The price per square meter was recorded at 6,250 pounds, while the 120-meter unit recorded an amount of 825 thousand pounds, 100 thousand pounds are paid as a reservation, then 30% of the unit price is completed one month after the end of the reservation, where 147 thousand and 500 pounds will be paid, and the remaining 70% of the unit price will be paid in 14 semi-annual installments, the value of each installment is 41 thousand and 250 pounds.
The 112-meter unit also recorded an amount of 725 thousand pounds, 100 thousand pounds are paid as a reservation, then 30% of the unit price is completed one month after the end of the reservation, where 117 thousand and 500 pounds will be paid, and the remaining 70% of the unit price will be paid in 14 semi-annual installments, the value of the installment is 36 thousand and 250 pounds.
Booking medium-income housing apartments in New Cairo
Conditions for booking medium-income housing apartments in New Cairo
- The applicant for the reservation must be “a natural person of Egyptian nationality”.
- The applicant must be at least 21 years old at the end of the reservation period and must have the capacity to act and contract.
The family (husband and wife) is not entitled to apply to reserve more than one unit, and in case of violation of this, they will be excluded from the reservation.
It is required that the applicant or any of his family members (husband, wife and minor children) according to what is stated here have not previously obtained a plot of land or a residential unit within the social housing project or Dar Misr or Sakan Misr, and in case of violation of this, they will be excluded from the reservation.