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Housing Ministry to Deliver Residential Plots in West Cairo

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has stated that the 6th of October City Development Authority will start handing over the most distinguished residential plots in the ninth district of the urban area,. El Gazzar further elaborated, in a recent ministerial statement, that the delivery date will start from October 10 until June 14, 2021. It is worth noting that New Urban Communities Authority (NUCA) will offer 3,098 housing plots across 11 new cities, ranging between 209 and 287 square meters, through a land lottery system from September 15 to October 15.

2020-11-29 11:55:48

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Ta'et Nour.. An Egyptian architect won second place in the 2020 International Design Award …

Architect: Archilab - Hani Maher Location: Assiut Governorate - Egypt With a distinguished project, the Egyptian architect Hani Maher and his team, the Archilab Office of Architecture, won the second place in the International Design Awards 2020, which are awarded by the Architecture Community Organization concerned with global architecture of value, which awards prizes to projects with a distinctive and sustainable environmental or social impact around the globe "Ta’et Nour" (Window of Light/Hope) is the project that enabled Architect Hani Maher and his team to win this big global award, as it aims to house approximately 60,000 individuals who currently reside in slum areas under high pressure electric towers in Assiut Governorate, which are classified as high-risk areas and unauthorized residential zones. The idea of the design The design team took into account the social privacy of the Upper Egyptian community in terms of isolation and their desire to preserve family privacy, and then the design came to the maximum degree on social aspects while devising new ways to use the space in line with the nature of the population and nature of using their houses, where residents can raise poultry and preserve food or grain in places designated for that purpose within their units. The designer was interested in creating open spaces within the overall plan, such as parks and sport centers and several spaces were employed to develop handic...

2020-10-15 17:39:29

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A cooperation agreement between Banque Misr & HDB (Housing & Development Bank) to market commercial and residential urban projects

Banque Misr signed a cooperation protocol with the Housing and Development Bank (HDB), with a view to setting up mechanisms for joint cooperation to establish and market major residential, commercial and administrative projects. Mr. Mohamed El-Etrebi, Banque Misr COB and Executive manager signed the protocol with Mr. Hassan Ghanem, Chairman of the Board of Directors of the Housing and Development Bank.The signing of the protocol comes within the framework of the implementation of the general policy pursued by the state, which aims to expand the establishment of major projects, especially those that lead up to providing housing and job opportunities. Banque Misr owns many distinguished  land plots that are suitable for establishing projects (residential / commercial / administrative / entertainment) and the Housing and Development Bank (HDB) has extensive experience in the field of constructing and marketing distinguished residential, commercial, administrative and entertainment projects everywhere in Egypt, and it has specialized calibers qualified enough to carry out such  Projects. Based on the vital role of Egyptian banks in advancing and driving the economy, the agreement allows granting financing to unit buyers within the framework of the laws and regulations governing the real estate market in Egypt. It must be noted that real estate financing is granted in a way that serves all segments of citizens to achieve public benefit for all parties of the sys...

2020-11-12 15:29:43

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