In a significant step toward developing the Egyptian real estate market and enhancing transparency and credibility, the official launch of the Egypt Real Estate Government Platform (www.realestate.gov.eg) has been announced.
The official launch was held under Mr Ahmed Elbatrawy’s supervision, Chairman of E-Systematic, at a fascinating ceremony attended by ENG. Sherif El-Sherbiny, Minister of Housing and New Urban Communities, after three years of hard work, commitment, and dedication to achieve a breakthrough in the Egyptian real estate market.
A Game-Changer for the Egyptian Real Estate Sector
Powered by the Multiple Listing Service (MLS), this platform represents a significant shift in the real estate sector. It is a centralized hub connecting key industry players, including real estate agents, developers, financial institutions, and government entities.
More than just a database, the platform aims to create an organized, centralized real estate market that enhances transaction efficiency and guarantees the credibility of property listings.
The platform showcases various real estate products, including apartments, villas, commercial and administrative properties, large-scale real estate projects, tourism, and hotel units—reflecting the remarkable diversity of the Egyptian real estate market.
Additionally, it strengthens collaboration between the government and the private sector, allowing real estate companies and developers to list their projects, thereby fostering a comprehensive digital marketplace that benefits all stakeholders.
Digital Transformation in Real Estate Marketing
With the world rapidly embracing digital expansion, technology has become the most effective tool in real estate marketing. This platform facilitates seamless communication between buyers and sellers and enhances transaction transparency, making property searches more reliable and efficient.
Minister of Housing: A Comprehensive Strategy for International Real Estate Marketing
During the launch event, Eng. Sherif El-Sherbiny, Minister of Housing and New Urban Communities, emphasized that urban and real estate development is among Egypt’s top national priorities. He highlighted the pivotal role of the real estate sector in supporting the national economy.
He stated:
The Ministry of Housing is developing a comprehensive strategy to market Egyptian real estate internationally. This includes identifying target markets, cataloging available units, and listing them on a unified digital platform.
The minister also noted that the new platform will enhance Egypt’s global real estate investment map position, attract foreign investments, and open new opportunities for Egyptians abroad and international investors.
MLS System: A Transformational Approach to Real Estate Market Management
Ahmed El-Batrawy, Chairman of E-Systematic, expressed his excitement about the launch of the government real estate platform. He emphasized that it provides advanced digital solutions to regulate and organize the Egyptian real estate market after three years of continuous effort and determination.
He explained that the platform ensures verification of all real estate transactions and unifies property data, making it the only reliable source for real estate information.
El-Batrawy highlighted that the MLS system eliminates duplicate and fake listings, fostering trust between professionals and consumers while connecting the Egyptian real estate market to global markets.
Furthermore, he confirmed that the new system enables real estate professionals in Egypt to collaborate, share property listings, and access over 2 million real estate professionals in the U.S., Canada, Europe, and South America.
Boosting Foreign Investments and Cross-Border Transactions
El-Batrawy added:
“Thanks to this platform, investors will have access to accurate and up-to-date real estate data in Egypt, opening new doors for foreign investments and positioning Egypt as a key player in the global real estate market.”
The platform is designed to transfer data directly from the MLS system, ensuring that all listed properties are verified, accurate, and constantly updated.
Additionally, it builds consumer trust by eliminating fake listings and providing a secure and transparent experience for real estate transactions.
A Step Towards Digital Transformation in the Real Estate Sector
The launch of the Egypt Real Estate Government Platform marks a milestone in the digital transformation of the real estate sector. It provides an innovative tool for real estate developers and local and international investors to connect and explore Egypt’s latest real estate projects.
This platform is part of Egypt’s vision to enhance transparency and facilitate investor access to a more organized and efficient real estate market.
With this launch, Egypt is entering a new era of real estate development, supported by cutting-edge technologies that solidify its global real estate investment map position.
Check out the exclusive videos. This video provides in-depth insights into how the platform will revolutionize the Egyptian real estate sector, enhance transparency, and attract international investments. Click the links below to watch now:
