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Housing Minister plans real estate union
The Ministry of Housing is working on preparing a draft law to establish a Real Estate Developers’ Union, with the aim of regulating the real estate development market and promoting discipline and transparency. The law will set clear standards for joining the union, limiting membership to serious companies committed to executing their projects and delivering units on time, thus ensuring the protection of citizens' rights. This measure aims to build a more disciplined real estate market that supports fair competition and enhances trust in the sector, without unjustly restricting developers' activities, while focusing on improving the quality of the real estate development profession in Egypt.
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