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03:49 p. M.
Monday 16 November 2020
Books – Muhammad Abdel Nasser:
The Ministry of Housing, represented by the Authority for New Urban Communities, began offering 820 fully finished housing units, as a first stage, with areas ranging from 83 meters to 100 meters on the Imbaba Airport land.
And the seriousness of the reserve begins today, Monday, November 20, until December 3, at the branches of the Housing and Development Bank. Electronic (online).
Masrawy publishes unit prices, reservation conditions and payment systems, which were the following:
Booking conditions:
– The applicant must be a natural person of Egyptian nationality and have the capacity to act or contract.
– It is allowed to request the reservation for a person in their capacity as natural guardian of a minor or guardian by virtue of a guardianship decision.
– The applicant or any of their relatives (husband, wife and minor children) has not previously obtained a unit or plot of land within the social housing project, and in case of violation of this, the reservation / assignment will be canceled.
– The residential units offered for sale are intended solely for residential use, and the buyer or his public or private successor has no right to change the use for which the unit is assigned, and in case of infringement of this, it will apply the real estate regulations of the Authority in this regard, with the termination of the contract without warning or warning or issuance of a judicial sentence and take the actions resulting from the Termination of the contract according to “current regulations in this regard, since only sale prices of units for residential use “.
– The reservation requestor acknowledges that he has read all the conditions, specifications, data and information, has accepted them and has sent them to the reservation after the reservation provider paid as final approval of these conditions.
Financial terms:
Unit prices are specified per square meter in the declaration of units in the attached tables, including the ratios of excellence for each unit.
The maintenance deposit established at a rate of 5% of the value of the unit and reflected in the real estate conditions in the brochure will be paid at the time of contracting.
– The applicant pays the serious amount of the reservation, which is 50 thousand pounds, in addition to 500 pounds for administrative registration fees.
– Complete the payment of 25% plus 1% of administrative expenses and 5.0% in favor of the Board, within a month from 12/20/2020 to 01/21/2021.
– The remaining 75% of the unit price will be paid in equal quarterly installments for a period of 3 years without interest, or 5 years or 7 years with interest, in addition to 2% for administrative expenses and 5.0% for charges.
The first installment expires after 3 months from the date of receipt of the unit.
prices:
The spaces within the Imbaba Airport apartments vary, ranging from 83 meters to 100 meters, and when applying the payment system in a unit with an area of 90 meters, the price is as follows:
The price per square meter is unified for all the spaces at 4,940 pounds, where the price of 90 meters reaches 444,600 pounds, 50,000 is paid serious reservation, then the seriousness of the reservation is completed for 25% of the unit price , where 67 thousand 819 pounds are paid.
Thus, there remains 75% of the unit price, to be paid in installments over 3 years without interest, so the quarterly installment is 27 thousand pounds, but if over 5 years the installment is 18 thousand pounds, even over 7 years, the fee is 15 thousand pounds.
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