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Full exemption from late payment fines for residential units has been announced, contingent upon satisfying a specific condition, aimed at facilitating and accelerating the implementation of housing projects. Additionally, a deadline has been set for responding to land reservation requests for investment purposes, and final pricing has been made available through the electronic portal. Documents necessary for reserving 15,000 rental units for 2026 are also to be received. Moreover, the allocation process for apartments within the Building and Housing Cooperatives 2026 in 10th of Ramadan has commenced, and land handovers have begun in New Obour City’s District 33, with a comprehensive map and final timelines outlined for these procedures.
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