FINANCIAL NEWS

Social housing project to deliver 7,000 residential units in Egypt

28 Mar 2016

(MENAFN) More than 7,000 residential units in 6th of October will be given to buyers this year under the Social Housing Program, which covers 100,000 units in the city.

Additionally, 93,000 of which were planned, whereas 33,000 of them were given to dealers, but the names of the contractors were not mentioned.

Almost 150,000 residential units will be constructed by the end of this year, while a previous 100,000 units have been built under the program.

Owning an apartment needs a maximum family income of USD 4.48mn per year and a minimum income of USD 2.58mn a year.

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