Conditions, ways to buy public promotional housing
الشروق أونلاين
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Photo: Copyright
Government decided permanently in the conditions and ways to buy the public promotional housing, and prevents selling it, after that it put it in the list of refusal to sale or assignment, meaning that the price of apartment within this housing formula is supported by the state that allowed it for every citizen whose monthly income alone, or when accompanied by a wife exceeds 7 million centimes less or equal to 21 million and 600,000 centimes.
Housing Ministry got again, in the context of the Legislative Reforms, which it initiated, the government’s approval on the executive decree that identified the conditions and ways to by the public promotional housing, which became effective at the beginning of this month, as the legislative text clearly defines the term of the promotional housing, which is according to the text, a real estate project with a general benefit that takes advantage of the state assistance, and is devoted to people whose income exceeds their wages six times, or is equal to 12 times the national guaranteed minimum income.
Government listed within the eligibility requirements that the applicant, or his wife, should not have a total ownership or property for a residential use, or a piece of land that is suitable for building, and if these conditions are available to apply, a request to buy the public promotional housing on the printed model at a designated real estate.
Transfer of the granted housing ownership is related to the public promotional housing by paying the whole housing price, and in the case of the death of the beneficiary, the right to transfer the assets and liabilities is related to the granted housing, and cannot in any way for the beneficiary of the public promotional housing.
