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Housing apartments for all Egyptians 5.. The idea of obtaining an ownership apartment has become a concern for a wide segment of citizens, which has led them to wonder about the details of offering apartments in installments from the Social Housing and Real Estate Finance Support Fund affiliated with the Ministry of Housing, Utilities and New Urban Communities.
According to previous statements by the Vice President of the New Urban Communities Authority, Dr. Walid Abbas, during an interview on the “Here is the New Republic” program, with the journalist Mona Al-Omda on Al-Nahar satellite channel, this proposal includes thousands of housing units for low-income people, stressing the push for work on the project and attention to national projects. In all new cities.
Conditions for booking housing apartments for all Egyptians 5
1- One of the conditions for booking apartments for all Egyptians 5 is that the applicant’s age must not be less than 21 years.
2- One of the conditions for reserving apartments for all Egyptians is that the applicant’s age must not exceed 51 years.
3- One of the conditions for reserving housing apartments for all Egyptians 5 is that the age of pensioners must not exceed 75 years as a maximum.
4- Also, one of the conditions for reserving housing apartments for all Egyptians is that the applicant must not have benefited from the state’s proposals before, whether residential units or plots of land.
5- One of the conditions for reserving housing apartments for all Egyptians 5 is to provide proof of obtaining a salary of no less than 2,700 pounds and no more than 7,000 pounds, whether you are single or married.
6- Among the conditions for reserving housing apartments for all Egyptians 5 is the submission of a residence document commensurate with the units available in the nearest new city, whether place of residence or place of work.
Documents required to reserve housing apartments for all Egyptians 5
1- A copy of the national ID card of the applicant and his spouse (valid).
2- Also submit the marriage certificate.
3- The birth certificate of the children is also submitted, if any.
4- Also submit proof of income documents, and the aforementioned income is the net monthly income of the applicant for reservation.
5- If the applicant is married, he must submit the details of his wife’s salary, and if she is not working, he must submit a declaration stating that.
6- The receipt for payment of the reservation deposit and registration fees obtained at the time of payment shall be submitted in the mail.
7- Any documents related to additional sources of income must also be submitted.
Housing apartment prices for all Egyptians 5
Prices of housing apartments for all Egyptians 5 range between 350 thousand pounds and 500 thousand pounds, as prices are determined according to each city.
- The advance reservation for the housing unit in housing apartments for all Egyptians 5 ranges between 25 thousand pounds and 30 thousand pounds.
The premium varies according to the income and age of the person who gets the apartment, and starts from approximately 1,100 pounds and reaches 2,500 pounds.
- 10% of the value of the residential unit is paid in the form of serious reservation and receipt payment.
- The installment period for residential apartments for all Egyptians is 5, from 7 years as a minimum period up to 30 years as a maximum period.
- The interest rate on the real estate financing loan for residential apartments for all Egyptians 5 does not exceed 3%.
