08:09 PM
Saturday 09 July 2022
Books – Mohamed Abdel Nasser:
The Ministry of Housing announced the updating of the reservation site in the Beit Al Watan project, to include new plots of land and housing units to accommodate the largest number of transfers, due to the high demand. From the site update directly.
The offering includes residential plots for individuals, plots of mixed activity, cemeteries, villas, various housing units (housing: luxury – above average – medium), and administrative units.
Project details available on the website at the moment:
1- Lands:
Residential plots will be offered for individuals in 9 new cities (New Cairo – 6 October – Sheikh Zayed – New Damietta – El Obour – El Shorouk – Badr – El Obour El Gadida – Sadat), and plots of mixed activity in New Damietta, as well as cemeteries in 4 new cities (New Cairo). – Badr – Tenth of Ramadan – New October).
2- Villas:
The offering also includes villas in the projects of the new administrative capital and the new city of Mansoura.
3- Luxury apartments:
The offering includes Al Alamein Beach Towers “North Edge” – Downtown Al Alamein – the Latin Quarter – Sawari Towers – Al Rehab and Madinaty – Jannah – the third residential neighborhood “R3” in the New Administrative Capital.
4- Medium housing apartments:
Above-and-average apartments will also be launched in the “Sakan Misr” project in the new city of Alamein, and the Majri Al-Ayoun wall project, in addition to offering administrative units, in (Downtown in New Alamein City).
5- The apartments of the Jannah project:
Jannah luxury housing project in 5 new cities (New Mansoura – New Cairo – Sheikh Zayed – 6 October – New Damietta).
Method of Payment:
The price per square meter is set in Egyptian pounds, provided that payment is made in foreign currency (dollars), and reservation and payment are made by bank transfer from abroad in dollars or from within, provided that the currency is available in bank accounts 60 days before the start of the reservation, and cash deposits in dollars are prohibited according to the instructions of the Central Bank of Egypt .
Terms and Procedures for Booking and Allocation:
– The occupant shall be of Egyptian nationality, and his age shall not be less than 21 years.
The real estate regulations of the New Urban Communities Authority are complied with, and the priority of booking is given to the priority of transferring the entire amount of the advance payment.
– If the full amount is paid at this stage or in the previous stages, 7.5% of the remaining amount following paying the advance payment will be deducted permanently, except if the payment is for the last installment.
The remaining installments are paid for all axes loaded with bank interest on the remaining balance at an interest rate of 3.5% annually, and the dollar equivalent of each installment and its interest is calculated at the rate of the day the installment is due.
The buyer of all the axes of residential and administrative units and villas, except for the units of the Al-Rehab and Madinaty projects, is obligated to pay a maintenance deposit of 5% for the two projects (Sakan Misr – Magri El-Ayoun Wall) to be paid with the down payment, and 8% for the rest of the units.
– Allocation will not take place without transferring the amount of the deposit in addition to the entire down payment. Until the establishment of the Occupants Union, the Authority shall undertake the disbursement of the proceeds of the deposit through a company that undertakes the management, maintenance, cleanliness and security of the project located within the scope of the unit.
– The buyer is obligated to pay any differences annually in accordance with what is done on the project units in this regard without any responsibility on the authority. Connect it to the unit.
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