Urban Communities offer lands in 4 new cities at 3.5 billion pounds The Urban Communities Authority has offered a number of plots of land through the

Urban Communities offer lands in 4 new cities at 3.5 billion pounds


The Urban Communities Authority has offered a number of plots of land through the mechanism of direct allocation to investors in a number of new cities with financial returns estimated at about 3.5 billion pounds.

According to the website of the Urban Communities Authority, the cities in which the lands were brought up are Al-Minya Al-Jadeedah, Al-Shorooq, Al-Nubaria and Al-Shujha Al-Jadida, with activities that vary between residential, commercial, administrative and service.

3 pieces service activities in New Minya
In the new city of Minya, 3 plots of land were offered, including plot No. 64 in the first neighborhood, the first adjacent 2, with residential commercial activity with an area of ​​596 thousand square meters, at a price of 3785 pounds per square meter. , While the third is located in the tourist district, with commercial activity, on an area of ​​2000 square meters, at a price of 4,635 pounds per square meter.

41 acres integrated urban in the sunrise
In the city of Sunrise, it was announced that a plot of land with an area of ​​41 acres of integrated urban activity was announced in the fifth district of the city, and the price per square meter is estimated at 5675 pounds per square meter. , A plot of 4240 square meters, commercial activity, at an estimated price of 10255 pounds per square meter, and a piece of land with an area of ​​2432 square meters, at 9445 pounds per square meter.

3 plots of land for commercial activities in the new Nubaria
In the new Nubaria City, it was announced that 3 plots of the first plot of 10200 square meters would be offered at a price of 8045 pounds per square meter, and the second piece on an area of ​​1260 meters on the desert road with commercial activity at a price of 9255 pounds per square meter, while the third piece of the city would be on an area of ​​4,300 square meters, a commercial activity at a price of 9000 Pounds of a meter.

3 commercial plots in New Sohag
In the new city of Sohag, 3 plots of land were offered with commercial activities, the first piece with an area of ​​4457 square meters at a price of 2940 pounds per square meter and the second piece on an area of ​​180 meters with administrative commercial activity at a price of 4750 pounds per square meter and the third piece external services in the trees area on an area of ​​7 acres at a price of 1269 pounds per square meter.

General conditions for land reservation

In accordance with the conditions announced by the Urban Communities Authority, the advance payment is completed at 25% of the land value in the Egyptian pound, with a deduction of the amount paid as a reservation reservation, in addition to 1% administrative expenses and 5.0% for the Board of Trustees, within a month of the date of notifying the corporation of the commission. Payment of the remainder of the price in 6 equal semiannual installments in Egyptian pounds, the first installment of which is due 6 months after the date specified for the advance payment.
Share To:

Accounting WIKI

Post A Comment:

0 comments so far,add yours