The New Urban Communities Authority has announced the launch of a unique investment opportunity through the immediate allocation system in Area K of the Distinguished Villas District in Badr City. The total value of the land is approximately EGP 11,727,510, at a price of EGP 12,930 per square meter, for a total area of 907 square meters. This step comes within the Authority’s strategy to boost commercial and administrative investment in the new cities.
The opportunity includes a plot of land designated for commercial and administrative use, classified under investment lands of less than 5 feddans. The building ratio is limited to 30%, with a proposed height of ground floor + 3 repeated floors (ground and first floors for commercial activity, while the second and third floors are allocated for administrative purposes).
Compliance with setback requirements is mandatory, with 5 meters at the front and 4 meters on the sides and rear, in addition to adhering to all civil defense regulations and respecting the height restrictions set by the Armed Forces.
The land is offered through an immediate allocation system, with all costs and responsibilities borne by the investor, including obtaining approvals from relevant authorities and providing parking spaces within the plot boundaries in accordance with the Egyptian Parking Code. The investor is required to conduct a thorough site inspection before applying to ensure full acceptance of the location and area upon submission.
The project implementation period is set at three years starting from the date of land handover. As for the payment model, the investor must complete 25% of the land value in Egyptian pounds, where 10% is paid upfront and an additional 15% within one month from the Board of Directors’ approval of allocation. This is in addition to administrative fees and a 1.5% contribution fee.
The remaining land value is to be paid over six equal semi-annual installments in Egyptian pounds, with the first installment due six months after the down payment. Financial charges will be calculated based on the interest rate announced by the Central Bank of Egypt, plus 2% as per Ministry of Finance regulations and 0.5% administrative fees.
This step is part of the Authority’s efforts to support and stimulate commercial and administrative investment in Badr City by providing premium land plots that meet market needs and contribute to the economic development of the area.
To stay updated with the latest official offerings and browse thousands of residential properties across different cities, visit the Official Egyptian Real Estate Platform — your safe destination to find a unit that suits you and your family. You can also explore more about the features of the Mamsha Avenue Project in the New Administrative Capital.