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Public auction plan for commercial units
The Ministry of Housing announced the auction of 33 commercial shops in New Badr City, offering a seven-year usufruct rights, aimed at supporting commercial activities and providing investment opportunities. The shop sizes range from 25 to 63 square meters. To participate in the auction, bidders must pay a security deposit of 50,000 Egyptian pounds and pay 10% of the auction price upon winning, in addition to administrative fees and trustees' rights. The auction session is scheduled to be held on August 4, 2026, at the New Badr City Development Authority headquarters.
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