The New Urban Communities Authority (NUCA) has earmarked EGP50bn for the construction of 350,000 residential units in new cities, as part of the Ministry of Housing’s social housing programme. The construction of c150,000 units has already been completed, with a batch due for delivery in Tenth of Ramadan city in March 2017. Out of a total planned 500,000 units by the Ministry of Housing for its social housing residential community project, 375,000 have already been booked. The construction of c400,000 units are set to be completed before year-end.
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