3 golden opportunities to obtain an apartment in comfortable installments from the government

During the current period, a number of government agencies provide multiple opportunities to obtain an apartment in many projects within medium and luxury housing, to increase the diversity of beneficiaries of housing units according to their financial level.

43 ready units in Helwan

The first project is presented by the Executive Agency for Joint Projects, affiliated with the Ministry of Housing, where the apartments are located in the residential complex in the Cairo Governorate in the Helwan area, and the conditions documents are presented at the agency’s headquarters in Helwan.

The number of apartments reaches 43 residential units, ready for receipt during February 2024, complete with facilities, provided that the units are semi-finished, and are located in the first neighborhood of the new residential community, Atlas, Helwan.

Area and unit price

The agency confirmed that the units come in sizes ranging from 67 to 96 metres, as the specifications document was presented at the agency’s headquarters in Helwan.

The price per meter was recorded at 7,475 pounds to 7,549 pounds, while the 90-meter apartment recorded 686 thousand pounds, while the 67-meter apartment reached 507 thousand pounds, and the 96-meter apartment recorded 727 thousand pounds.

Urban Development Fund apartments

The second project, which is the Urban Development Fund apartments, is located in 8 governorates and applications continue until December 31. The apartments are located in the governorates of Cairo, Qalyubia, Sohag, Fayoum, Minya, Sharkia, Kafr El-Sheikh, and Dakahlia.

Apartment prices

Prices start from 760 thousand pounds up to 1 million and 300 thousand pounds, while others reach 3 million to 4 million and 600 thousand pounds.

The payment systems include paying 15% of the unit value in advance, with the remainder of the apartment price being paid in installments over 5 years without interest.

Booking method

The Urban Development Fund has assigned a hotline number to the project, 15444; This is with the aim of facilitating the communication of citizens wishing to make reservations to inquire and inquire about everything related to the project, including payment systems and their facilities.

Premium housing apartments

The third project, which is the distinguished housing apartments, offers 1,180 fully finished residential units, distributed in the cities of New Obour and New Assiut, with areas ranging from 63 to 93 square meters.

The units offered will be on a first-come, first-served reservation system through the Housing and Development Bank website www.hdb-reservation.com, which has made available the offer terms and conditions brochure, reservation method, locations, spaces, prices, and payment method via the bank’s website.

- New Obour City New Obour City

 Includes apartments with areas of 89 and 92 square meters, at a price of 7,245 pounds per meter, with a down payment of 60,000 pounds.

The 90-meter apartment was recorded at 684,000 pounds. A 60,000-pound reservation is paid, then the 20% reservation advance is completed, where 87,000 pounds are paid, and then at the time of the contract, 68,000 pounds are paid.

New Assiut City 

In the city of New Assiut, the area is 63 square meters, which is a unified area for all units. The price per square meter was 6520 pounds, with the value of the unit reaching 410 thousand pounds, and the seriousness of the reservation is 50 thousand pounds.

After the allocation, the serious reservation advance of 20% is completed, where 38 thousand pounds are paid, then at the time of receipt, 41 thousand pounds are paid.

Thus, the applicant has paid 30% of the apartment price, leaving 70% to be paid over 3 to 7 years. The quarterly installment, if paid over 3 years, will be 35 thousand pounds, and if paid over 5 years, it will be 25 thousand pounds, and over 7 years, it will be 21 thousand pounds.