Home » Ministry of Housing
Tag:

Ministry of Housing

World

Title: New Housing Land Offerings in 18 Egyptian Cities

by Lucas Fernandez – World Editor
written by Lucas Fernandez – World Editor

Housing Ministry Announces Land Offering in 18 ‍Egyptian‌ Cities

Cairo, Egypt – The Ministry of Housing has unveiled a new offering of 2,333 residential plots ⁢across 18 new cities, catering to medium, distinctive, and most distinguished housing needs.⁤ Reservations⁣ will open on Sunday,⁣ September 14, 2025, and remain ​available for two months, ‌concluding on⁤ November 13, 2025, through‌ the dedicated website: http://https://reserve.newcities.gov.eg/.

This initiative addresses growing demand for homeownership and aims to expand ⁤housing options within newly ‌developed urban centers. The land release ​impacts ​prospective homeowners ⁢seeking to build in areas experiencing rapid growth and offers a ⁤range​ of⁢ property⁣ types to suit diverse budgets and preferences. Accomplished applicants will gain the ​chance ‍to construct homes in⁣ strategically‍ planned communities with modern infrastructure.

The 18 cities included in the offering‌ are: ‌6th of October, Al-Obour, Tenth of Ramadan, Al-Jadida, Al-Salih‍ Al-Jadida, New Fashn, New⁢ Fayoum, New Minya,⁣ Badr, New ‍Taiba, New Qena, New Nasser “West Assiut”, New Aswan, New Assiut, Sadat, New‍ Burj Al Arab, October Gardens, and New Sohag.

The breakdown of available plots⁢ is as follows: 1,221​ plots‍ designated‍ for medium housing in ⁣8 cities, 828 ⁢plots for distinctive housing in‍ 9 ⁤cities, and 174 plots for the most distinguished housing in 3 ⁤cities.

Detailed brochures outlining the conditions for ‌each housing category are available⁣ for ⁤download:

Distinguished‌ Housing ⁤Brochure
 Medium​ Housing⁤ Brochure
* ​ Most Distinguished Housing Brochure

0 comments
0 FacebookTwitterPinterestEmail
World

Housing Initiative Opens for Reservation in Egypt

by Lucas Fernandez – World Editor
written by Lucas Fernandez – World Editor

Egypt Launches “Your Home in Egypt” Initiative with Discounts⁣ for Egyptians Abroad

Table of Contents

Cairo,‌ Egypt – The⁣ Egyptian Ministry of Housing has launched the “Your Home in Egypt” initiative, offering approximately​ 3,000 housing, commercial, and⁣ administrative units across ⁢multiple new cities. the program ⁣aims to provide accessible housing options, especially for Egyptians‌ living abroad, with‍ special discounts and flexible payment⁣ plans.

The ⁤available units are distributed across several projects: ⁣”Diarna” in New Cairo, New Alamein, New Minya, ​New Assiut, New Sohag, New Damietta, May 15 ⁤City, and New qena;⁣ “housing Egypt” in New ⁤Alamein, New Mansoura, New Damietta, and New October City; “Dar⁤ Egypt” in Badr City and Burj Al Arab; “Jennah” in‌ New Mansoura and ​New Damietta;⁣ “Valley ⁣Towers” in October Gardens city,⁣ and “Valley Towers East” in Obour City.

Discounts for Egyptians Abroad

Egyptians⁢ residing abroad are eligible for a 7% discount on the ‌total price ⁢of​ the units. The Ministry of Housing is offering ⁤a payment period of up to 10 years. A reservation‌ deposit of $5,000⁤ per unit is required.

The initiative responds to requests from Egyptians abroad, as discussed with Minister of Housing⁣ Sherif El-Sherbiny during the sixth edition⁤ of the Egyptian conference ‍abroad, organized ‍by the⁢ Ministry of foreign ⁣Affairs. El-Sherbiny⁣ emphasized the initiative aligns with President Abdel Fattah El-Sisi’s commitment to supporting Egyptians abroad and strengthening their ties to ⁢Egypt, as well as their participation ⁢in the nation’s advancement.

Electronic ‍Registration and Payment

Registration, ⁣payment of the reservation deposit,‌ and access to detailed details regarding the initiative’s terms and conditions are available online. Prospective buyers can also view⁤ 360-degree ‌models of the offered units through the initiative’s website: http://beitakfemisr.com.

0 comments
0 FacebookTwitterPinterestEmail
News

Title: Zamalek Club Land Withdrawal: Ministry’s Explanation

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

Zamalek Club ⁢Land Allocation Withdrawn After Development Delays

Table of Contents

Cairo, Egypt – The Ministry of Housing has officially withdrawn land ‍allocated to Zamalek Club‌ in October Gardens City, citing a prolonged lack of ⁤development and⁤ failure to meet agreed-upon⁣ deadlines. The decision, ⁣implemented on August ⁢19, 2025, ‌follows a series ​of‍ extensions and warnings⁣ issued over the⁤ past two decades.

Historical context of the land Allocation

The land ‍was initially allocated to​ Zamalek Club in 2003. Despite this initial ‍allocation, progress on the project remained stagnant, leading to⁣ a decision in​ 2020 to cancel the allocation due⁢ to a perceived ​lack​ of serious intent to develop the site. This decision, though, was⁢ later reconsidered following a directive from the President of‌ the Republic to ‌support‌ the sports‌ sector.

In 2021, the Ministry of Housing granted ⁣Zamalek Club a two-year⁣ extension, until November 10, 2023, to complete construction and fully ⁢utilize the land. This extension came with the stipulation ‌that the land⁢ would revert to the October Gardens City Authority if⁣ the ⁤club failed to adhere to the new ‌timeline.

Did You Know?⁢ The initial⁣ land allocation in ⁢2003 aimed to⁢ provide ​Zamalek⁤ Club⁢ with ‌a modern sporting facility outside of the congested city center.

Timeline ‍of ⁤Events and Key Decisions

By November 10, 2023, the‍ completion rate of ⁢the project had onyl reached ⁢1% – ‌a‍ clear indication that the club was not making ample⁤ progress. ⁣ On April 4, 2024, Zamalek Club submitted ⁣an intensive schedule promising completion by July 2025, with a ⁢clause stipulating the land’s⁢ reversion ⁣to ⁢the October Gardens⁣ Authority‌ in case of non-compliance. ‌ Despite this pledge, subsequent‍ monitoring revealed no meaningful improvement ⁤in ⁤the ​completion rate.

On⁣ June 4,2025,the Ministry of Housing informed Zamalek Club of⁢ its intention to⁢ initiate legal proceedings to reclaim the land,citing the failure to meet the agreed-upon deadlines. The final ⁣withdrawal ‍decision was​ issued on June 11, ⁤2025, and fully implemented⁣ on August 19, 2025.

Date Event
2003 Land initially allocated to Zamalek Club.
2020 Initial decision to cancel land allocation.
2021 Presidential directive to⁣ support‌ sports ‍sector; two-year extension granted.
November 10, 2023 Completion rate‍ at‌ 1%.
April⁢ 4,⁤ 2024 Zamalek‌ Club submits revised completion schedule (target: July⁤ 2025).
June ⁤4, 2025 Ministry of Housing notifies Zamalek Club of intent‌ to withdraw land.
June 11, 2025 Official​ decision to withdraw land issued.
August 19,2025 Land withdrawal fully implemented.

Presidential Directive and Subsequent Opinion

A letter issued by the President of the ‍Republic regarding urban‍ planning, dated August 4, 2025, was ‍issued after the withdrawal decision. The Ministry of‍ Housing ⁢has stated that this subsequent opinion is therefore not relevant⁤ to the decision-making process.

pro tip: Understanding​ the sequence of events is crucial when analyzing complex⁢ administrative decisions.

This situation highlights the⁢ importance⁣ of adherence to agreements and the potential consequences of delayed ⁢project implementation, even with governmental support.‍ ⁢The case serves as​ a reminder of the need for clear ⁤timelines and accountability in ⁤large-scale development projects. As ​noted in a study​ by‍ the Project‍ Management Institute, clear communication and realistic ‍scheduling are key factors in project success⁤ [https://www.pmi.org/learning/library/project-success-factors-7489].

What impact​ will this land ⁣withdrawal‍ have on⁤ Zamalek Club’s future ​development plans? And how​ will this situation ⁣influence future land allocation agreements between⁤ the government and sports organizations?

Evergreen Context: Land Allocation and Development in egypt

Land allocation and development in Egypt⁤ are‍ often subject to complex⁢ regulations and bureaucratic processes. The Zamalek​ Club case underscores⁣ the challenges ⁣faced by organizations in navigating these systems and the importance of maintaining‌ consistent progress⁣ on approved projects. Recent government ⁢initiatives aim to streamline these processes and ⁤attract foreign investment‍ in the real estate sector, but challenges remain. The increasing ‌demand for ⁣land in​ urban areas,coupled ‍with ​limited availability,necessitates careful planning and efficient project execution.

Frequently Asked Questions

  • What ⁤was the ‍primary ​reason for the land ‍withdrawal? The ‌primary reason was the Zamalek Club’s failure⁢ to make substantial progress on development after multiple extensions.
  • When⁣ was the final ​decision to withdraw the ⁤land made? The final decision was⁤ made on June 11, 2025, and implemented on August 19,‍ 2025.
  • Did a‍ presidential ⁣directive influence the ‍decision? ‌A presidential directive was ⁣issued after the withdrawal decision, making it irrelevant to the process.
  • What ⁣was the initial year⁤ the land was‍ allocated ​to Zamalek Club? The land was initially allocated in 2003.
  • What percentage of the project was completed before the withdrawal? The project‌ was only ‍1% complete⁤ at the ⁤time‌ of ​the withdrawal.

We⁢ hope this report provides valuable ​insight into this ‍developing story.⁤ Please share‍ this article with yoru network,⁤ leave a comment ⁤below with your thoughts, and subscribe‍ to our newsletter ​for the⁢ latest updates.

0 comments
0 FacebookTwitterPinterestEmail
Business

Housing Corporations Face Financial Crisis: Rent Freeze Impact

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

Dutch Housing Corporations Face Financial Strain Due to Rent Freeze

AMSTERDAM — May 9, 2024 — The proposed rent freeze in the Netherlands could severely impact social housing, threatening the financial viability of housing corporations. The Social Housing Waarborgfonds (WSW) warns that more than half of the country’s housing corporations may face difficulties. This could lead to reduced investment in new construction and sustainability projects. As experts in the field, further investigation of this situation is crucial, so stay informed.

Dutch Housing Corporations Face Financial Strain Due too Rent Freeze

A goverment plan to freeze rents on social housing could plunge more than half of the netherlands’ housing corporations into financial distress,severely hindering new construction and sustainability efforts.

The Warning

The Social Housing (WSW) Waarborgfonds, an organization that guarantees loans for corporations building new homes, issued a stark warning after calculating the impact of the proposed rent freeze. The WSW anticipates significant financial repercussions for these entities.

Impact on New Construction

The government’s proposal to freeze social housing rents would deprive corporations of vital income. The WSW estimates that, within five years, 140 of the 262 housing corporations could face financial difficulties.

Did you know? Housing corporations in the Netherlands play a crucial role in providing affordable housing, managing approximately 2.4 million homes, or about 32% of the total housing stock.

Housing corporations rely on loans to fund new construction. The Waarborgfonds guarantees these loans, ensuring that projects can proceed even if a corporation faces unexpected financial challenges. Though, this guarantee is contingent on the corporation’s financial health.

The WSW warns that the rent freeze could jeopardize this system. Corporations will be able to borrow less due to the missed income. As a result, they can invest less in new construction, renovation and sustainability, the fund stated.

Capital Constraints

The WSW argues that the government is overestimating the financial flexibility of housing corporations. The capacity of corporations is in possession, in the stones, the fund noted, emphasizing that these assets cannot be easily leveraged for new loans.

Pro Tip: Diversifying funding sources, such as exploring public-private partnerships or attracting impact investors, could help housing corporations mitigate the financial risks associated with rent freezes.

Historically, corporations have sometimes provided mutual support, with stronger entities assisting those in weaker financial positions. Though, the WSW anticipates that this practice will become unsustainable, as all housing corporations will need to maximize their resources to maintain financial stability.

Minister’s Response

Minister Keizer, responsible for housing, did not initiate the rent freeze proposal. The agreement emerged from discussions among the coalition parties regarding the Spring Memorandum. Regarding the agreements made, she said: Would I have preferred this differently? Yes of course.

Frequently Asked Questions

What is the WSW Waarborgfonds?
The WSW Waarborgfonds is an organization that guarantees loans for Dutch housing corporations to build new homes.
Why is the WSW concerned about the rent freeze?
The WSW believes the rent freeze will financially weaken housing corporations, making it harder for them to secure loans for new construction and sustainability projects.
How many housing corporations could be affected?
the WSW estimates that 140 out of 262 housing corporations could face financial difficulties within five years.
0 comments
0 FacebookTwitterPinterestEmail
@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com