Are you looking for an opportunity to own a suitable apartment at affordable prices? The Egyptian government, represented by the Social Housing and Real Estate Finance Support Fund, announced the opening of a door Booking social housing apartments For the year 2024. In this article, we will review all the details you need to reserve an apartment: conditions, steps, and top tips to ensure that your application is successfully accepted.
What are social housing apartments?
Social housing apartments are subsidized housing units provided by the Egyptian government to low- and middle-income people, with the aim of providing safe and comfortable housing at reasonable prices and with easy payment systems extending over many years.
Target groups for booking social housing apartments in 2024
The project targets the groups most in need of housing, including:
- Low-income people: A monthly income of up to 10,000 pounds for a family.
- Middle income: Monthly income up to 18,000 pounds.
- Newly married young people: Apartments with small spaces that suit their needs.
- Free professionals: Provided that documents proving income are submitted.
Conditions required to reserve social housing apartments
To apply for social housing apartments, the following conditions must be adhered to:
- Nationality: The applicant must be of Egyptian nationality.
- the age: The applicant’s age is not less than 21 years and not more than 50 years.
- Income: Adhere to the income limits specified for each category.
- Residence or work: Application must be made in the governorate in which the applicant resides or works.
- Not owning a housing unit: The applicant or a family member does not own another state-subsidized apartment.
Steps to apply for reserving social housing apartments in 2024
1. Prepare the required documents
- A copy of the national ID card (valid).
- Proof of income certificates (salary items or bank statements).
- Recent utility receipt (electricity, water, gas).
- A copy of the marriage certificate (for married couples).
2. Registration on the Social Housing Fund website
- Enter the official website: shmff.gov.eg.
- Create a new account using phone number and email.
- Enter personal data and upload the required documents.
3. Pay the reservation deposit
- Pay the serious amount of the reservation through participating banks (such as the National Bank of Egypt or Banque Misr).
- Upload the payment receipt to the website to complete the order.
4. Follow up on the request
- After the application period ends, applications are screened to ensure that the conditions are met.
- You will receive a text message containing the status of your application and steps to complete.
Social housing apartment prices and payment systems
- Apartment sizes range from 75 square metres and120 square metres.
- Unit prices vary according to area and location.
- Payment systems include extended periods of up to 20 years With subsidized interest ranging from 3-7% According to the real estate financing system.
Cities included in the new announcement
Social housing apartments are available in a large number of new cities, most notably:
- Greater Cairo cities: October 6, Badr, Shorouk.
- Cities of Upper Egypt: New Minya, New Assiut, New Sohag.
- Delta cities: Sadat City, New Damietta, Kafr El-Sheikh, New Mansoura.
- Canal cities: New Ismailia, Port Said.
Important tips to ensure that your application for social housing is accepted
- Check data accuracy: Make sure all information entered is correct.
- Upload clear documents: Take clear photos of all required paperwork.
- Follow the application deadlines: Submit your application on time to avoid exclusion.
- Follow the status of your order regularly: Through the official website or the Social Housing Fund hotline.
Frequently asked questions about social housing apartments
What is the method of following up on the status of the request?
You can follow up on the status of your application via the official website or by calling the Social Housing Fund hotline: 1188 or 5777.
Is it possible to apply for more than one unit?
No, it is allowed to apply for only one housing unit per family (husband, wife, and minor children).
What are the documents that prove income for self-employed people?
- Bank statement for the last 6 months.
- A certified certificate from a chartered accountant showing the average annual income.
The 2024 social housing apartment reservation project is a real opportunity to realize the dream of owning a suitable home with the help of the Egyptian government. If you are qualified, do not miss the opportunity and start preparing your papers and applying as soon as the reservation window opens.
Do you have any other inquiries? Share with us in the comments and we will help you with all the details!
Source: n.misr5.com
