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Coming soon .. Announcing the opening date for reservation:
Minister of Housing: 984 residential units proposed in the first phase of Valley Towers project in October Gardens
Butcher: The offered units are in a prime location near the Egyptian Museum and direct view of the pyramids
In a meeting chaired by Dr. Asim Al-Jazzar, Minister of Housing, Facilities and Urban Communities, the Board of Directors of the New Urban Communities, agreed to propose 984 residential units in the first phase of the “Valley Towers” project, in the city of October Gardens, with areas ranging from 95 to 100 m2, according to the price per square meter approved by the Main Real Estate Committee, a date will be announced OPEN FOR BOOKING , COMING SOON
The Minister of Housing pointed out that the residential units proposed by the Valley Towers project are in a prime location in the city of Hadeik Oktober, on Oasis Road and near the Egyptian Museum, overlooking directly the pyramids, stating that this proposal comes within the framework of the efforts of the state represented in the Ministry of Housing and its various destinations, to provide residential units of various types to meet the needs Diverse community slices in getting the right housing units.
Regarding the financial transaction, Dr. Waleed Abbas, Deputy Chairman of the New Urban Communities Board for Planning and Projects Sector – Supervisor of the Minister of Housing: A reservation seriousness is paid in the amount of 150 thousand pounds, in addition to 1000 pounds of non-partial study fees, and a payment of 20% is supplemented in addition to (1% of expenses Administrative +0.5% for the board of trustees) of the total cost of the unit, within a month from the end of the manual ballot procedures.
10% of the total price of the unit is paid upon receipt, the maintenance deposit is paid according to the set of terms and conditions, the rest of the unit price (70%) is paid in quarterly installments equal to a maximum of 7 years, charged with interest on the balance of the debtors, the interest rate announced at the Central Bank of Egypt is equal to the time Offer plus (2% according to the Ministry of Finance + 0,5% collection costs), the first installment is eligible 3 months after the date of receipt of the unit with the presentation of deferred checks in installments prior to receipt, in case the client wishes to pay the full price, or pay an advance part of the remaining price of the unit (expeditious payment) including Exceeding the 30% required and timed percentage, the scheduling on the balance owed is recalculated in accordance with the Financial and Accounting Rules, Systems, adhering to the percentage of interest declared by the Central Bank of Egypt at the time of withdrawal.
Translated from Arabic




