Installment plan for New Cairo Housing Scheme
The article details the installment plan for developed housing apartments in New Cairo under the lease-to-own system. The Ministry of Housing has set the monthly rent between 3,200 and 3,360 Egyptian pounds for units measuring 57 square meters, with an annual increase of 10%. A down payment of 9,602 pounds is required for three months' rent. The total amount to be paid over 20 years is approximately 2.17 million Egyptian pounds, with ongoing increases in installments throughout the period.
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