2 Days
Source:
مصراوي
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Housing Authority addresses Jefira delay
The article addresses the crisis of the Jefira project, which arose due to delays in unit delivery since 2017. The Ministry of Housing intervened and assigned the project to new real estate developers to review its status and assess the issues. The focus is on protecting the rights of clients who have not received their units despite having paid the dues. The measures include studying the project's situation, identifying the problems, and announcing the names of the new developers within two weeks. Additionally, efforts are underway to prepare a new draft law to regulate the real estate sector, ensuring developers' financial solvency and reducing the risk of project failure. The article emphasizes that there are approximately three categories of project delays, with a primary focus on safeguarding customer rights and improving the management of real estate projects.
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