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Housing land in New October at 22000 pounds per meter
The Ministry of Housing, Utilities, and Urban Communities has announced the sale of investment lands in New October City on a usufruct basis. Prices range between 22,010 and 22,225 Egyptian pounds per square meter. The lands are located in various areas, including North of the Airport, Beni Beitak, North of Al-Waha, and the Fourth Logistics Zone, with sizes exceeding 21,000 square meters. Conditions include adherence to a building ratio not exceeding 40%, specified building heights, and a maximum construction period of three years. Payment terms require a 15% down payment of the land’s value, with the remaining balance payable in six semi-annual installments.
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