12:15 PM Sunday, October 15, 2023
Books – Muhammad Abdel Nasser:
Today, Sunday, applications for apartments in the Ministry of Housing’s new offering, which includes the distinguished housing projects – Misr Housing – Jannah, began.
This offer comes in accordance with the immediate reservation mechanism adopted by the Ministry of Housing in a number of new cities, namely the cities of New Rashid, New Mansoura, Nasser, West Assiut, West Qena, and New Mallawi, for immediate reservation through the competent city agency.
The Ministry is offering apartments in a number of new cities and their distribution is as follows:
-New Rasheed City: 144 apartments.
-New Mansoura: 288 apartments.
-Nasser City, West Assiut, 192 apartments.
-West Qena: 144 apartments.
-New Mallawi: 148 apartments.
The reservation provider was as follows:
– Distinctive housing apartments, with a reservation deposit of 25 thousand pounds.
– Misr Residence apartments have a reservation amount of 50 thousand pounds.
– Jannah Apartments, the reservation deposit is 100 thousand pounds.
The Ministry of Housing confirmed that after paying the serious reservation deposit, payment of 10%, in addition to 1% administrative expenses + 0.5% for the benefit of the Board of Trustees, of the total price of the unit will be completed within two months from the date of notification of the allocation.
A 5% maintenance deposit will also be paid upon contracting and before receipt, and 5% of the total unit price will be paid upon receipt.
The remainder of the unit price will be paid in equal quarterly installments over a period of 3, 5, 7, or 10 years, bearing interest on the debtor’s balance equal to the interest rate announced by the Central Bank of Egypt at the time of offering, in addition to (2% + 0.5% collection expenses).
The authority confirmed that the first installment is due after 3 months from the date of receipt of the unit, with post-dated checks for the installments being submitted before receipt.
2023-10-15 09:15:00
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