Implementation of thousands of housing units for low-income people in the 10th of Ramadan

Implementation of thousands of housing units for low-income people in the 10th of Ramadan
10th of Ramadan

Dr. Assem El-Gazzar, Minister of Housing, Utilities and Urban Communities, stated that thousands of housing units are being implemented for low- and middle-income citizens, as part of the presidential initiative, "housing for all Egyptians", in the 10th of Ramadan City.

The minister indicated that there is a continuous follow-up of the executive position of the units, as well as the services associated with them, to encourage the beneficiaries of the units to expedite housing.

Stressing that the 10th of Ramadan City always witnesses a high demand for booking these units, and the occupancy rate in the units is high social housing.

Engineer Alaa Manea, head of the 10th of Ramadan City Development Agency, said that the implementation of 21 buildings is underway, with 504 housing units for low-income “social housing” units in the 12th district, as part of the presidential initiative, housing all Egyptians.

Workers completing the implementation of the housing project for all Egyptians within the fourth phase in the east and west of Al-Andalus neighborhood, a model of 90 square meters per unit, as well as completing the implementation of project 298 building “housing for all Egyptians” in Al-Narges neighborhood, the fourth phase.

This is within the framework of continuous follow-up, advancing workflow at sites, and ensuring adherence to technical specifications during implementation.

Housing for all Egyptians

Housing for all Egyptians, the middle housing axis. It includes the implementation of 68 buildings comprising 1,632, with areas of (100-110-120) square meters/unit (fully finished), including connection works on utilities and landscaping works for the general site in the city.

Engineer Alaa Manea also followed up the completion of the implementation of 98 buildings in the 20th district, with an area of ​​90 square meters per unit, and the implementation of 178 buildings in the 21st district, in the fifth phase, “the residence of all Egyptians,” with an area of ​​90 square meters per unit.

The head of the 10th of Ramadan City Authority stressed that the business companies need to work at full capacity in all locations and quickly pay performance rates to complete the work within the specified time.

Prices of housing units

Prices of housing units for all Egyptians 2023 According to the Housing Fund, the prices of units offered in cities may range from 194,000 to 310,000 pounds, and the reservation down payment is about 10% for low-income units.

This is for a period of up to 30 years at a decreasing return rate of 3% annually, and the seriousness of reservation varies according to the unit’s size and price, but it ranges from 15 to 22 thousand pounds.