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English news

24-Jan-2016

NUCA to launch sale of 400 feddans in non-residential land in the short term

The New Urban Communities Authority (NUCA) is set to announce the sale of 400 feddans in non-residential land, over three launches, to be sold through the General Authority for Investment (GAFI), following the conclusion of the sale of the planned 1,500 feddans, which are planned to be developed into integrated communities. The land plots are spread over a number of new cities, including non-residential land plots in Dar Misr and the Ministry of Housing’s one-million-housing unit project. NUCA had announced previously that the sale is planned before end of June 2016. (Al Borsa)

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