Egypt's real estate industry has undergone rapid growth in recent years thanks in large part to the government's significant role in driving it forward. With a focus on boosting economic development and creating job opportunities the government has implemented an array of policies and initiatives geared towards advancing the real estate market. In this article, we will delve into the government's pivotal role in developing Egypt's real estate landscape. - Infrastructure Development: The government has made hefty investments in infrastructure development, which encompassed constructing new roads, bridges, and transportation networks. This has led to enhanced connectivity and accessibility making it more convenient for people to access real estate properties countrywide. - Regulatory Framework: To shore up the real estate market, the government has put in place a regulatory framework that encompasses laws and regulations governing property ownership, development and management. This has considerably boosted investor confidence in the market and established a level playing field for all stakeholders. - Tax Incentives: To encourage investment in the real estate industry, the government has implemented diverse tax incentives. Examples of these incentives include tax breaks for developers who construct affordable housing units and a reduction in taxes on property transactions. - Affordable Housing: The government has initiated various schemes aimed at offering affordable housing to low-income families. These initiatives have entailed building new housing units and providing subsidies and other incentives aimed at making home-ownership more accessible. - Tourism Development: The government has also been keen on expanding Egypt's tourism industry which has a significant impact on the real estate market. By promoting tourism, the government has created a demand for short-term rental properties and vacation homes which have supported the growth of the real estate market. - Collaboration with Private Sector: Finally, the government has worked closely with the private sector in developing the real estate market. Such collaborations have included partnerships with developers, real estate agents and other industry players which have helped to spur growth and innovation in the market.
Midtown New Cairo is located in 5th Settlement, New Cairo. The developer of Midtown New Cairo is Better Home.
The completion date for Midtown New Cairo is and the finishing for the properties are Fully Finished.
The starting price of properties in Midtown New Cairo is 4,218,750 EGP with a price per sqm of 31,250 EGP. The downpayment for a property in Midtown New Cairo is starting at 50% or 2,109,375 EGP. The number of installments for a property in Midtown New Cairo is 8 installments and has a payment plan of 2 years. The monthly payment of a property in Midtown New Cairo 175,781 EGP
Eastown District New Cairo (EDNC) is located in 5th Settlement, New Cairo. The developer of Eastown District New Cairo (EDNC) is SODIC.
The completion date for Eastown District New Cairo (EDNC) is and the finishing for the properties are Fully Finished.
The starting price of properties in Eastown District New Cairo (EDNC) is 11,488,000 EGP with a price per sqm of 71,000 EGP. The downpayment for a property in Eastown District New Cairo (EDNC) is starting at 15% or 1,723,200 EGP. The number of installments for a property in Eastown District New Cairo (EDNC) is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Eastown District New Cairo (EDNC) 239,333 EGP
Westin Park is located in Downtown , New Capital. The developer of Westin Park is Emtelak.
The completion date for Westin Park is and the finishing for the properties are Fully Finished.
The starting price of properties in Westin Park is 1,110,592 EGP with a price per sqm of 30,588 EGP. The downpayment for a property in Westin Park is starting at 30% or 333,177 EGP. The number of installments for a property in Westin Park is 36 installments and has a payment plan of 9 years. The monthly payment of a property in Westin Park 10,283 EGP
G3 Mall is located in MU23, New Capital. The developer of G3 Mall is United Development.
The completion date for G3 Mall is and the finishing for the properties are Fully Finished.
The starting price of properties in G3 Mall is 1,597,200 EGP with a price per sqm of 60,500 EGP. The downpayment for a property in G3 Mall is starting at 10% or 159,720 EGP. The number of installments for a property in G3 Mall is 26 installments and has a payment plan of 6.5 years. The monthly payment of a property in G3 Mall 20,477 EGP
Gusko Mall is located in R8, New Capital. The developer of Gusko Mall is Aqar Masr.
The completion date for Gusko Mall is and the finishing for the properties are Fully Finished.
The starting price of properties in Gusko Mall is 1,188,000 EGP with a price per sqm of 22,000 EGP. The downpayment for a property in Gusko Mall is starting at 7% or 83,160 EGP. The number of installments for a property in Gusko Mall is 28 installments and has a payment plan of 7 years. The monthly payment of a property in Gusko Mall 14,143 EGP
Matangi Oriental Coast is located in Port Ghalib, El Qoseir. The developer of Matangi Oriental Coast is OUD Developments.
The completion date for Matangi Oriental Coast is and the finishing for the properties are Fully Finished.
The starting price of properties in Matangi Oriental Coast is 998,250 EGP with a price per sqm of 16,500 EGP. The downpayment for a property in Matangi Oriental Coast is starting at 5% or 49,913 EGP. The number of installments for a property in Matangi Oriental Coast is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Matangi Oriental Coast 13,865 EGP