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الوطن
Source: الوطن
24 Hrsالوطن
Source: الوطن
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The Ministry of Housing, Utilities, and Urban Communities has announced the launch of three types of residential units under the "Housing for All Egyptians 9" initiative. This includes a total of 25,000 units across cities and new urban areas, with different pathways for rental and ownership. The offerings include: 1. Rental Apartments: 15,000 units within new cities, available for 3 years with renewal options. Renters can apply to purchase the unit after one year. Allocations are conducted randomly through an electronic system. 2. Rent-to-Own Apartments (Immediate Handover): 5,000 units in 26 cities. These units are initially owned and become fully owned after 20 years, with allocation managed through a public lottery. 3. Rent-to-Own Apartments (Delivery within 3 Years): 5,000 units in 8 cities, with the same ownership and transition conditions as above, through a public lottery system. The initiative targets low-income citizens and aims to provide diverse housing options. Application submissions are open until October 28. Detailed conditions can be viewed in the brochures available through dedicated links for each unit type.
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