The General Assembly of the Real Estate Development Chamber at the Federation of Egyptian Industries held its meeting on Wednesday to review the chamber’s performance and key developments in Egypt’s real estate sector. Under the decree, the cost was set at EGP 1,400 per square metre in Greater Cairo, Alexandria, and some areas along the Cairo–Alexandria Desert Road; EGP 1,000 per square metre in other governorates excluding Upper Egypt; EGP 800 per square metre in Upper Egypt governorates; and EGP 300 per square metre for buildings in villages. The chamber also participated in establishing two new units under the New Urban Communities Authority: the Real Estate Market Regulation Unit and the Real Estate Export Unit, aimed at increasing developer participation in decision-making. In addition, the preliminary activation of the national real estate platform was announced to allow companies to begin initial registration. Shoukry concluded that the chamber will continue working to support developers, address challenges facing the sector, and introduce practical solutions to ensure sustainable growth in Egypt’s real estate market.

Source: Daily News Egypt March 08, 2026 18:17 UTC