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The Ministry of Housing has begun procedures for reserving apartments in the second phase of the residential project in the New Administrative Capital. The units are located in the third (R3) and fifth (R5) residential districts. The announcement aims to enable employees transferred to work in the new capital to reserve their housing units through the Egypt Digital platform, in accordance with specific conditions, including restrictions on disposing of the unit before fully paying the purchase price, the requirement for contractual agreements in cases of job transfer, and the prohibition of ownership or disposal without prior approval from the Authority and the Ministry of Finance. The reservation includes units allocated to employees actually working in the capital, with obligations to pay installments and fines in case of delay. Strict legal conditions have been set to ensure the rights of the state and regulate dealings, with shares on a joint ownership basis according to the unit's area.
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