Egypt- Housing Ministry agrees to extend money collection period for Dar Misr project until October


(MENAFN- Daily News Egypt) Board of the New Urban Communities Authority (NUCA) agreed in a meeting, chaired by Minister of Housing Mustafa Madbouly, to extend the duration of gathering the value of EGP 7,500 from units with the size of 100 sqm to 115 sqm, and the amount of EGP 10,000 of units with the size of 130 sqm, 214 sqm, and 150 sqm.

These amounts are the dues scheduled to be paid every three months in the first phase of Dar Misr'a project for middle-income housing until October 2016.

Madbouly said the board also has approved granting sports clubs a two-year deadline for completion of the extraction of the remaining licences, and implementing all establishments allocated in new cities with a condition of paying all dues before the deadline.

Madbouly added that this decision came in response to requests from the chairs of Ahly, Zamalek, and Al-Gezira on extending the duration of implementing these clubs in the cities of Sheikh Zayed and 6th of October City.

The minister announced approval of the NUCA board to allocate a plot of land on an area of 3,282 sqm to establish medical services for children. The allocation was done through a usufruct system.

The board approved the request of the Minister of Interior Magdi Abdel Ghafar to allocate plot of land number (59) in 10th of Ramadan City on an area of 1,000 sqm through transferring assets in favour of the Ministry of Interior. The allocation is to establish a Civil Status Affairs complex in 10th of Ramadan, according to the minister.


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