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Provided that the seriousness of the reservation is not withdrawn:
Minister of Housing: two new residential units in Al-Abar and Asiot cities are presented to those who were not lucky with the previous proposal
Dr. Asim Al-Jazar, the Minister of Housing, Facilities and Urban Communities, announced a supplementary proposal including 768 fully finished residential units with areas ranging from 89 to 93 m2, in Al-Abour Jida, and a number of residential units in Asiot Jida, through the manual public lottery system through the Bank of Al-Tamir and Housing, for clients who have not had the luck to reserve A residential unit in the Distinctive Housing Project with a modern nature, or the new Assiot City units that were proposed before, and they did not withdraw the seriousness of the reservation.
Dr. Walid Abbas, Deputy Chairman of the New Urban Communities Commission for Planning and Projects Sector – Supervisor of the Office of the Minister of Housing, confirmed that this proposal comes within the framework of the authority’s effort to provide diverse residential units to citizens in new cities, in implementation of the political leadership’s guidelines to provide various types of residential units to citizens according to their potential And it fits their needs.
Payment of 20% + (1% administrative expenses, 0.5% for the benefit of the Board of Trustees) of the total unit price is being completed within one month from the date of the end of the manual public lottery, 10% of the total unit cost upon receipt, and payment of The unit price (70%) remains on equal quarterly installments for (3, 5 or 7 years) with interest on the debtors balance, equal to the advertised interest rate at the Central Bank of Egypt at the time of withdrawal, plus 2% according to the instructions of the Ministry of Finance + 0.5% collection costs, the first installment is due after 3 Months from the date of receipt of the unit with instalment deferred checks prior to receipt and payment of the maintenance deposit, the family (husband, wife and children of the mansion) is not entitled to apply to reserve more than one unit, and the procedures are completed according to the rules applied in this regard.
Translated from Arabic




