Housing Ministry to put 138 lots up for grabs in 8 new cities

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Mon, 03 Sep 2018 - 10:40 GMT

BY

Mon, 03 Sep 2018 - 10:40 GMT

FILE -Minister of Housing Moustafa Madbouly

FILE -Minister of Housing Moustafa Madbouly

CAIRO - 3 September 2018: The Housing Ministry will put 138 lots up for grabs in eight new cities in Egypt, the prime minister has said.

Moustafa Madbouli said Monday that areas of the housing lots range between 500 and 7,544 square meters.

The lots will be available in New Cairo, the 10th of Ramadan, Obour, May 15, Badr, New Damietta, New Minya and Shorouk cities, Madbouli said.

Those who wish to register are required to place a down payment of not less than 25% of the value of the land as stated in the request for proposal, said Tareq el Sebai, the deputy chairman of the New Urban Communities Authority (NUCA).

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