The Social Housing and Real Estate Finance Support Fund announced the opening of housing units for low- and middle-income citizens on October 2, 2022, as part of the President of the Republic’s initiative (Housing for All Egyptians 3). The units offered are subject to the new Central Bank of Egypt initiative for real estate financing with a decreasing interest rate of 3%. The 90 square metre units available under (Housing for All Egyptians 3) contain three rooms and a hall and are available for a maximum of 30 years.
Al-Fajr examines additional information regarding how to submit an application for the purchase of a housing unit inside of a housing project for all Egyptians in the report that follows. 3.
The following governorates and cities have units that are ready to be delivered right away: Luxor, Qalyubia, New Borg El Arab, New Fayoum, Fayoum, Kafr El Sheikh, Beheira, Assiut, Marsa Matrouh, Ismailia, Menoufia, Sohag, New Akhmim, Sharkia, Suez, Beni Suef, Gharbia, Damietta Aswan, Dakahlia
In the cities of New October (west of the airport), Jerza Al-Qatouri-Ayat, and Damanhour, some of them will be delivered within 18 months.
The new offering’s unit costs fall between 194,000 and 3104,000 pounds. The cost of a reputable reservation service is between 15,000 and 22,000 pounds. 10% of the unit price is required as a significant reservation deposit for low-income residents, while 15% of the unit price is required for reservations for middle-class residents.
1. The applicant buys the terms brochure from the post offices, which all Egyptians are permitted to withdraw from starting today, October 3, through October 27. For the seriousness of the reservation, the applicant must pay a fee; this fee varies depending on the applicant’s income. In addition to administrative costs at post offices, low-income individuals pay 15,000 pounds while those with normal incomes spend 22,000 pounds.
4- Next, the applicant logs onto the Real Estate Finance Fund’s online site at http://www. shmff. gov.
Example: By clicking the login button and entering his personal information, he is given a new account. 6- The applicant enters a mobile phone number for him, which will be used to receive a text message with a code number that he must input on the website to complete registration. The phone registered on the website is necessary because several text messages will be sent both during and after the application process.
7- He completes the form with his information, including his home address, place of employment, marital status, and wife/husband information. After paying the necessary sum, the centre Upload all relevant documents in a single PDF file no larger than 2 MB. The application process will be finished once your application has been delivered successfully.
How do I reserve a social housing apartment online?
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