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"Maskan" Housing Program: 131,000 reservations for 1,747 plots in fourth phase


"Maskan" Housing Program: 131,000 reservations for 1,747 plots in fourth phase

Minister of Housing, Utilities, and Urban Communities, Dr. Assem El-Gazzar, revealed that the "Maskan" housing program's fourth phase for small residential plots has garnered a significant response, with over 131,000 preliminary reservations received for the 1,747 plots available.

Announced on Tuesday, the electronic reservation window opened on April 1st, 2024 and will close on Thursday, May 30th, 2024.

He highlighted the overwhelming public interest in new city development, citing it as a testament to the government's successful strategy. These cities are envisioned as hubs for business and entrepreneurship.

He pointed out that in New Nasser City (West Asyut), preliminary reservations for premium lands surpassed 11,000. New Minya City reached 30,000 preliminary reservations for medium-sized plots, reflecting a surge in interest for Upper Egypt's new cities. Badr City exceeded 23,000 preliminary reservations for medium-sized lands, signifying the positive ripple effect of the New Administrative Capital on surrounding areas in East Cairo.

The Minister indicated that the fourth offering includes 1,747 plots of land, distributed on the different housing axes as follows:  65 plots of land on the axis of the most distinguished lands in the cities of: 6th of October - 15 May - Shorouk - 10th of Ramadan; 826 plots of land on the axis of distinguished lands in the cities of: New Borg El Arab - New Nasser "West Asiut" - New Malawy - New Fashn - New Akhmim; 856 plots of land on the axis of medium-sized lands in the cities of: Sadat - New Minya - New Asyut - Badr - West Qena - New Luxor.

Dr. Walid Abbas, Deputy Chairman of the New Urban Communities Authority for Planning and Projects, Supervisor of the Minister of Housing's Office, announced that over 10,000 people have already submitted payment receipts to secure land in the latest offering. This initiative reflects the New Urban Communities Authority's commitment to providing easier access to small residential plots through the booking website (https://reserve.newcities.gov.eg/)

This is in order to provide land for citizens who wish to build their own homes, permanently and easily, without any priority, whether to enter the site, transfer the seriousness of the reservation, or book a plot of land.

The official highlighted the program's popularity with over 265,000 registered accounts on the "Maskan" website. Booking is straightforward:

Those who wish to book have to:

1-      Create a new account for new customers, fill in the required data such as the national ID number, the name from the national ID card, the email address, the mobile number and the current address.

2-      Choose the axis and the city and choose the location, click on the word "Details" to display a list of all available plots of land: sketches and a detailed table.

3-      Complete the booking procedures explained in detail on the site, including: entering the payment currency for the remaining land price and entering the completion percentage for the remaining land price, and even extracting the booking form that includes all the data listed by the booker, and it is signed, and attached after signing on the website, as well as attaching a booking fee receipt and study expenses.

He explained the website's features for booking prime land (most distinguished plots): bookers can see how many others are interested in a specific plot. In case of congestion on one plot of land, payment in US dollars (deposited at least 60 days prior) gets priority.

For all other plots (distinguished & medium):The booking goes to the applicant offering the highest percentage payment towards the remaining land price and in case of a tie, a public lottery will determine the winner.

The Vice President of the Authority for Planning and Projects affirmed that the chosen payment method and completion percentage cannot be modified after paying the value of the seriousness for each axis (EGP 350,000 for the most distinguished plots, EGP 100,000 for the distinguished plots, EGP 25,000 for the medium plots). It will be confidential until the booking period ends.

The Authority will electronically review applications within days of closing the booking window and notify you of the results shortly thereafter.