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كشكول
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Source: كشكول
24 Hrsكشكول
Source: كشكول
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The Egyptian Ministry of Housing has launched the "Sakan Lil Masreyeen 9" initiative through the Social Housing Fund to provide 15,000 subsidized rental units across various governorates and new cities. The units are divided into three categories, differing in size: 75, 90 square meters, and 96-100 square meters (for the "Hayah Kareema" program). The initiative targets young newlywed couples and those covered by old rent laws, with specific conditions related to age and income. Rents range from 1,500 to 5,000 Egyptian pounds per month, with an annual increase of 7%. The initial lease term is set at three years, renewable up to a maximum of six years. After that, beneficiaries can choose to purchase the unit or continue renting at the market price. The application process requires a non-refundable registration fee of 365 pounds and a security deposit of 10,000 pounds, which is refundable at the end of the lease or if the application is rejected.
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