Housing Minister plans real estate union law
Egyptian Housing Minister, Eng. Randa Mandouh, confirmed that the ministry is currently working on drafting a law to establish a Real Estate Developers Union aimed at regulating the real estate development market. The law seeks to set clear standards for joining the union, ensuring that it includes serious companies committed to executing projects and delivering units on time, while excluding struggling or non-compliant companies. The goal is to enhance transparency and discipline within the real estate sector and protect consumers' rights, without restricting the activities of dedicated developers, in line with President Abdel Fattah El-Sisi's directives.
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