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The Ministry of Housing, Utilities, and Urban Communities has announced a package of facilitations and new regulations for the installment payments for transferring ownership of housing units and land plots in the new cities. These facilitation measures include discounts of up to 70% on residential units and 90% on lands exceeding 1,000 acres. The discounts are applicable in cities such as 10th of Ramadan, 10th of Ramadan Gardens, New Obour, October City, and Upper Egypt cities, for a period of one year. Additionally, the facilitation offers discounts on land plots across various activities, aiming to support an investment-friendly environment while safeguarding the rights of the state.
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