The NUCA has handed over a 500-feddan plot of land to Emaar in Sheikh Zayed Extension City for another full-service residential project with investments worth approximately EGP 37.8bn and will create more than 70,000 direct and indirect jobs.
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During a Sunday press conference, Emara stressed that without establishing cooperation between real estate developers and the state, there will be no new cities, noting that the state builds infrastructure of new areas, which facilitates developers’ work later.
New mechanism encourages companies to acquire new land in a safe, stable way away from land dealers, brokers, says developer
Ministry issued 115 ministerial approvals on new real estate projects, distributed over 15 cities during past year, including 23 projects in New Administrative Capital, says Abbas
EGP 7.8bn of sales achieved from offering 5 skyscrapers in New Alamein city, says Abbas
The decision regulates the process and limits the violations in buildings, says consultant
The main companies are Mountain View, Talaat Moustafa Group, Hyde Park, and Mall of Arabia
The authority spent EGP 24bn on social and middle-income housing projects, as well as installing facilities
The New Urban Communities Authority (NUCA) has received an offer from Egyptian and Arab alliances to develop partnership projects. The authority has requested companies to make offers to compete on the projects of the second phase. The planning and projects sector has completed the preparation of lands for investment and service activities, in addition to …
The New Urban Communities Authority (NUCA) has decided to give the recipients of about 17,100 pieces of land in the social housing axis in seven new cities a deadline to complete the payment of the rest of the advance of the land reservation. Tarek El-Sebaay, supervisor of the commercial and real estate affairs department at …
The New Urban Communities Authority (NUCA) has announced launching a tender for the supply and installation of 315 electronic remote street lighting, monitoring, and control devices for several new cities. The authority set 5 October as a deadline to open technical and financial specification envelopes presented by competing companies. The New Nubaria City is offering …
The main roads in 6th of October City are being developed at a cost of EGP 2.1bn