The Ministry of Housing will build approximately 3,000 middle-income housing units instead of 12,000 in the first stage of the Dar Masr housing project in 6th of October City.
The figures are as planned before the announcement of the first phase, according to Walid Abbas, Head of the Technical Office of the Planning and Projects Sector at the housing ministry.
“This comes as a consequence of low demand for units in the 6th of October City, there are only about 2,300 buyers, and the rest of units about 700 units and other units will be put up in the second phase of the project,” said Abbas.
Abbas said in a ministry statement Wednesday that the implementation will start on a selected piece of land on Wahat Road. There will be 200 units built in Badr City, where there are only 115 buyers, and 240 units in Sadat City, instead of 1,128 units.
According to the statement, Minister of Housing Mostafa Madbouly decided to implement the full number of units in the 10th of Ramadan City. This totals 2,616 units, although there are only 1,700 buyers, with the remaining units to be allocated in the next stages.
Madbouly meanwhile decided to double the project’s units in cities that witnessed a large turnout of buyers, including in the New Cairo, New Damietta, Obour and Al-Shorouk areas, the statement said.
Units for middle-income housing units income was between 25 November and 25 December, for 30,000 units in eight new cities. The Ministry of Housing received approximately 41,000 applications, according to the statement.
Madbouly said 13,512 units will be implemented in the New Cairo area, an increase of 6,480 units from the planned units. Approximately 24,000 applicants have applied for the units. The project is also building 5,856 units in New Damietta, rather than 2,616 units, up from 3,240 units.
The number of units in Al-Shorouk will be doubled to 2,639 units, rather than 1,607 units, and 2,139 will be built in Obour rather than 1,400 units.