Dr. Asim Al-Jazzar revealed, housing Minister Utilities and Urban Communities, on the details of the ministry’s proposal, represented by the New Urban Communities Authority, 20044 housing units in a number of new cities, with projects (Paradise – Dar Egypt – Egypt housing), explaining that it will start the day after tomorrow, Sunday, January 15, 2023, until 11.59 pm on Thursday, February 16, 2023, registration on the website of the Housing and Development Bank “www.hdb-reservation.com”, while the reservation of units starts from 10 am on Sunday, March 5, 2023, until 11:59 pm on Monday, March 6, 2023, and the allocation is made on the “online” first-come-first-served basis.
The Minister of Housing said: 10,872 housing units are being offered in the “Jannah” project, with areas ranging from 100 to 161 square meters, in 6 new cities (6 October – Sheikh Zayed – New Damietta – New Cairo – New Mallawi – New Mansoura), in addition to offering 512 housing units in the project. “Dar Misr”, with areas ranging from 100 to 150 square meters, in 4 new cities (15 May – Obour – New Damietta – New Burj Al Arab), in addition to offering 8,660 housing units in the “Sakn Misr” project, with areas ranging from 106 to 133 square meters, in 11 cities. New (New October – New Cairo – New Obour – Hadayek October – New Minya – Shorouk – New Mansoura – New Damietta – West Qena – Nasser “West Assiut” – New Alamein).
Engineer Hatem Hassan, Vice-President of the New Urban Communities Authority for Commercial and Real Estate Affairs, explained that the value of the seriousness of the reservation for “Jannah” units amounts to 100 thousand pounds, and for “Dar Misr” units it amounts to 80 thousand pounds, and for “Misr Housing” units it amounts to 70 thousand pounds. EGP, other than registration fees, and the payment of 20% in addition to (1% administrative expenses + 5.0% for the benefit of the Board of Trustees) of the total unit price, within a month starting from 03/26/2023, until 05/04/2023.
The Vice President of the New Urban Communities Authority for Commercial and Real Estate Affairs added: 10% of the total unit price is paid upon receipt, and 70% (the rest of the unit price) is paid in equal quarterly installments for a period of 3, 5 or 7 years, bearing interest on the debit balance equal to the price of The interest announced by the Central Bank of Egypt at the time of offering, in addition to (2% according to the instructions of the Ministry of Finance + 0.5% collection fees), and the first installment is due after 3 months from the date of receiving the unit, provided that postdated checks are submitted before receiving it, and unit holders can pay the rest of the price The unit, the value of which is 70% of the total price, through the real estate financing program at the Housing and Development Bank in accordance with the applicable rules, with the obligation to pay any amounts due to the Authority as soon as their deadlines come, until real estate financing is obtained.
Regarding the steps to reserve units, Eng. Hatem Hassan indicated that the first step (submission) starts from Sunday, January 15, 2023, until 11:59 pm on Thursday, February 16, 2023, when entering the website (www.hdb-reservation. com), for the Housing and Development Bank without a password, to view or print the conditions brochure, to see all the details (spaces – prices – building numbers), with the ability to review the reservation steps (video / written), and in the absence of an existing account, a new account is created By clicking on (New User Registration), filling in the required data, then entering the site again, pressing the (I wish to apply) key, then (extracting the form number), and a screen will appear to review the basic data and modify it as needed, and after completing Data review The customer presses (Confirm) to show the form number on the screen, which is the number that will be used as an account number for transferring all amounts of money, and the form can be printed after that.
He added: The customer transfers the amount of the seriousness of the reservation, in addition to non-refundable registration fees – in one and indivisible payment – provided that the transfer is made from the account of the customer or a relative up to the second degree only, and the transferor bears the commissions and transfer expenses from his bank account to the account number (No. The form that was obtained) at the Housing and Development Bank, Dokki branch, by one of the following methods: (Transfer from the customer’s account in all banks inside Egypt via “ACH”, or Swift code (HDBKEGCAXXX), or transfer from any branch of the Housing and Development Bank in In the event that the customer has an account in the bank, or in cash with one of the branches of the Housing and Development Bank, a message (SMS) will be sent stating that the seriousness amount of the reservation has arrived within 72 hours (3 working days) of transferring the seriousness amount of the reservation, and in the event that the message does not arrive during that period, it must Contact the bank’s call center.
Engineer Hatem Hassan explained that the reservation of the units starts from 10 am on Sunday, March 5, 2023, until 11:59 pm on Monday, March 6, 2023, when entering the site again with the national number and password, and pressing “I wish to apply.” Then, clicking on the “Reserve Now” icon, a screen will appear showing the basic data of the previously registered form (for viewing only), then a screen will appear representing the data of the available units for reservation, arranged as follows (province – city – region – unit type – building number – unit number ), then pressing the reservation confirmation key with the ability to print the entire form data.