The Ministry of Housing plays a vital role in providing lands and housing units to citizens. However, to ensure that these processes run according to strict regulations, there are specific cases in which an allocation may be canceled. Let’s review these cases in a clear and straightforward way:
- If any violations are detected regarding the booking conditions or the requirements stated in the official brochure, this becomes a primary reason for canceling the allocation.
- Allocation may be canceled based on the beneficiary’s request if they decide not to proceed with the procedures.
- If the applicant fails to pay 50% of the unit’s value, along with the administrative fees (1%) and the Board of Trustees’ fees (0.5%) within the specified timeframe, the allocation will be considered void.
- A delay in paying two consecutive installments within the agreed-upon payment plan is another valid reason for losing the allocation.
- Selling, transferring, or otherwise disposing of the unit without obtaining prior approval from the authority or the relevant city administration leads to immediate cancellation of the allocation.
- Using the unit for a purpose different from the one it was originally allocated for is considered a violation and exposes the beneficiary to cancellation.
- Finally, failing to comply with the contract or not receiving the unit within the announced timelines may result in losing the right to the allocation.
Complying with these conditions and ensuring full adherence to all requirements makes the reservation and allocation process more transparent and organized for everyone. If you are considering booking a housing unit or a piece of land, it is essential to carefully read the conditions and follow all the procedures to protect your rights.
To follow the latest official offerings and browse thousands of residential properties across various cities, visit the Official Egyptian Real Estate Platform — your trusted destination for finding the right unit for you and your family. You can also explore the features of the AlMaqsad Park project in the New Administrative Capital.