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Mohammad Fawda on Customer Rights
Recent directives from President Abdel Fattah El Sisi emphasize the need for a comprehensive review of real estate developers' commitments to ensure their timely deliveries and protect customer rights. They call for the implementation of legal measures against failing companies and reaffirm that manipulation or procrastination are not permitted in the real estate market. The focus is on that adhering to contracts and respecting consumer rights are fundamental to building trust and ensuring market stability. It is stressed that serious companies must adhere to their schedules and maintain their reputation. The success of the real estate market depends on the responsibility and transparency of companies, and there is a need to reform the relationship between developers and clients to strengthen the balance between protecting consumer rights and encouraging investment.
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