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Contact Us 0100-9808-986
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The Cooperative Association for Construction and Housing is an important part of the cooperative housing market in Egypt and it is an economic entity capable of managing its own resources.
Under the authority of the General Authority for Construction and Housing Cooperatives,
The Association encourages the continued expansion of the cooperative housing sector as a solution to housing needs.
The General Authority for Construction and Housing Cooperatives has succeeded in establishing innovative partnerships between local communities and the public and private sectors for over 55 years.
Cooperative housing development in Egypt began with the establishment of the first housing cooperative called Al-Shamashirgi - the Housing Cooperative Association - in 1952 in Maadi.
This development expanded to include other cities and governorates with 21 housing cooperatives established by 1953 in Cairo, Giza, Sharqia, Dakahlia, Port Said and Asyut.
The General Authority for Construction and Housing Cooperatives has an impressive record of establishing innovative partnerships between local communities and the public and private sectors.
It also works to achieve broad consensus on diverse views across Egypt, as noted by the National Union of Housing Cooperatives.
In 2018, the head of the General Authority for Construction and Housing Cooperatives, Hossam El-Din Mustafa Rizk, celebrated the anniversary of the founding of the cooperative movement in Egypt where emerging cooperatives were transformed into decentralized and self-managed structures based on the legal framework of the Authority and the British Society for Industry and Savings.
More than 18,000 democratic cooperative organizations now provide their services to 25 million citizens in five sectors: consumer, agriculture, fisheries, housing and production.
The cooperative association is a concept based on the voluntary cooperation to achieve mutual economic, social and cultural benefit.
The idea of housing cooperatives first emerged in the 1930s with the aim of providing suitable housing for individuals, and these initiatives were based on individual initiatives with some state support.
The projects of the Cooperative Association for Construction and Housing are a solution to a number of issues facing the housing sector in Egypt.
The General Authority for Construction and Housing Cooperatives is establishing integrated housing cooperative complexes on phase one lands in new cities including October, New Cairo, Aswan, Asyut, Minya, Tenth of Ramadan, Damietta, Borg El Arab, Badr, Tiba, Sohag, Qena, 15th of May, and Sadat.
The projects consist of residential areas in addition to public service areas and investment service areas. These projects are being created to provide solutions to the general housing problem in Egypt and particularly in Port Said governorate.
This project is considered one of the most important projects currently available to address the housing problem, giving citizens the opportunity to own an apartment commensurate with their income level.
In addition, the Cooperative Association for Construction and Housing announces the offering of housing units in the Lulu Compound in Badr City for sale through an installment system. The project includes a plan containing 131,409 housing units.
In addition, Beheira Governorate is witnessing the establishment of an integrated residential/craft cooperative complex in Hosh Eisa, where the project includes a residential area of 10,545 square meters and a craft area of 13,099 square meters in addition to a commercial service area of 4,356 square meters.
These projects aim to provide housing and job opportunities at the same time by establishing a production workshop and achieving cooperative financing through a loan of 50 thousand pounds at a subsidized interest rate of 5% over 20 years.
In general, the Cooperative Association for Construction and Housing projects aim to provide sustainable solutions to the housing issue in Egypt by developing and establishing integrated housing cooperatives that allow citizens to own homes at a cost commensurate with their income.
The Cooperative Association for Construction and Housing announces the offering of housing units in the Lulu Compound in Badr City for sale through an installment system.
The Association aims to provide the opportunity for decent housing for citizens and facilitate the purchase process through flexible and easy payment plans.
There are 361 investment housing units available within the projects of the General Authority for Construction and Housing Cooperatives in Badr City. These are characterized by their distinguished locations within the compound.
This includes the Lulu New Cairo, Lulu Badr, Lulu October, and Lulu Tenth of Ramadan projects.
The Chairman of the General Authority for Construction and Housing Cooperatives announced that public lotteries will be held to allocate housing units in each project, on specified dates.
The public lottery for the Lulu New Cairo project will be held on Sunday, September 3, 2023, Lulu Badr on Wednesday, September 6, 2023, Lulu 6th of October on Monday, September 11, 2023, and Lulu Tenth of Ramadan on Thursday, September 14, 2023.
In a stunning surprise, the Chairman of the Board of Directors of the Cooperative Association for Construction in Alexandria announced huge discounts on the prices of units affiliated with the associations.
This comes within the association's efforts to enhance citizens' ability to own their own homes and improve their living conditions.
Those interested in obtaining the terms, specifications, financial amounts and all other conditions of the housing units can obtain the terms of reference for 300 pounds starting Monday, June 12 until Tuesday, June 27 at the main headquarters located in Nasr City.
The Cooperative Association for Construction and Housing seeks to provide a distinctive opportunity for citizens to own their own homes comfortably and conveniently.
The Cooperative Association for Construction and Housing for Employees of Aswan Courts and Prosecutions was established with the approval of the Aswan Governorate in a contract dated 1/10/2017.
It was established in accordance with the provisions of Housing Cooperation Law No. 14 of 1981.
The internal regulations and articles of association of the Association were registered with the Cooperatives Administration of the Aswan Governorate under No. 171 of 2017 on 1/10/2017.
The Association aims to provide construction and housing services to employees affiliated with Aswan courts and prosecutions, with the aim of improving living standards and providing safe and comfortable housing for its members.
The Association works to facilitate the construction and real estate purchase process for members, and provide appropriate financing to meet their needs.
The Association is also concerned with providing technical and legal advice to members regarding construction and housing projects.
To ensure the effective operation of the Association, a board of founders consisting of 51 members was formed.
The Association's activities are based on decisions made by the Board of Directors and the General Assembly in accordance with the internal regulations.
The Cooperative Association for Construction and Housing for Employees of Aswan Courts and Prosecutions is one of the important cooperative associations in the region, as it contributes to achieving sustainable development and improving the lives of employees and their family members by providing safe and affordable housing.
The Cooperative Association for Construction and Housing aims to meet housing needs in Egypt and provide suitable housing for individuals. The Association works on developing and establishing integrated housing projects that include residential units and appropriate infrastructure and basic services, with the aim of providing a safe and comfortable residential environment for individuals.
The Association seeks to achieve social justice in housing, as it works to provide housing for low- and middle-income segments of society, and maintains affordable prices commensurate with the individual's purchasing power.
One of the most important objectives of the Cooperative Association for Construction and Housing is to encourage cooperation and solidarity among members of society.
It aims to create a spirit of cohesion, participation and cooperation in building housing communities, where members participate in making decisions related to the development and management of projects.
In addition, the Association seeks to provide job opportunities and develop professional competencies in the field of housing.
It provides training and qualification for members and workers in the real estate field, with the aim of raising the level of services provided and improving the quality of housing projects.
As an existing economic entity, the Association works to achieve economic and social development in Egypt by providing investment opportunities and creating wealth.
It works to efficiently exploit its resources and manage them in a sustainable manner, with the aim of promoting real estate development and developing the cooperative housing sector in the country.
In summary, it can be said that the objectives of the Cooperative Association for Construction and Housing include providing suitable housing at affordable prices, encouraging cooperation and solidarity, developing professional competencies, achieving economic and social development, and managing resources efficiently and sustainably.
The Cooperative Association for Construction and Housing provides many important and necessary services to its members. These include:
Provision of housing units: The Association aims to provide affordable housing units to its members.
The Association implements residential projects with modern designs and high quality, suitable for the needs of its members.
These housing units include apartments, villas, twin houses, and residential buildings.
Housing finance: The Association provides housing finance services to its members, where members can obtain loans to help them purchase or build housing units. Loan terms and conditions are determined in accordance with the Association's law and regulations.
Maintenance and repair services: The Association provides maintenance and repair services for its affiliated housing units. Qualified and trained maintenance teams are provided to carry out the necessary work to maintain the safety and quality of the housing units.
Infrastructure and services: The Association provides infrastructure and services for the residential projects it implements. This includes building roads, sanitation networks, electricity networks, and providing basic services such as water, sanitation and electricity.
Housing insurance: The Association provides housing insurance services to its members. An insurance policy is provided covering potential risks to the housing unit such as fires and other natural disasters.
Project management services: The Association works to provide project management services to implement housing projects. This includes managing financial, marketing, engineering affairs, and overseeing project implementation.
The Cooperative Association for Construction and Housing provides comprehensive services aimed at providing affordable housing to its members and providing the necessary services to maintain the quality and safety of housing units.
The real estate projects implemented by the Cooperative Association for Construction and Housing are among the most prominent projects in the real estate market.
These projects are characterized by high quality and skilled execution, as the Association aims to provide suitable housing for community members and meet their housing needs.
The projects undertaken by the Association include a diverse set of housing units, including apartments, villas, townhouses, in addition to providing necessary facilities such as mosques, gardens, schools and commercial centers.
The Association also ensures in its projects the use of the latest technologies in the fields of construction and finishing to ensure the comfort and well-being of the residents.
In addition, the Cooperative Association for Construction and Housing places sustainability and environmental conservation at the forefront of its priorities.
The projects undertaken by the Association rely on the use of environmentally friendly building materials and promote renewable energy to achieve sustainable development.
Thanks to its strong reputation in the real estate market, the projects implemented by the Association are highly popular with investors and clients.
It provides lucrative investment opportunities and ensures good returns on investment.
In summary, the real estate projects implemented by the Cooperative Association for Construction and Housing are among the most important projects in the real estate sector, as it strives to achieve the desires and needs of individuals and ensure them a comfortable and integrated life.
The Cooperative Association for Construction and Housing plays an important role in achieving a positive impact on society.
It works to provide affordable housing opportunities for individuals and helps alleviate housing pressure in the general community. Cooperative associations provide land and housing units at reasonable prices and facilitating terms for their members, enabling them to obtain safe and adequate housing.
Construction and housing cooperative associations also encourage cooperation and solidarity among individuals in society.
It provides an environment where members can participate and share in making decisions related to the association.
Members work together and participate in developing and managing housing projects, which enhances the spirit of cooperation and solidarity in society.
In addition, construction and housing cooperative associations have a high degree of transparency and partnership based on trust between members and management.
Public money is managed efficiently and transparently, leading to better meeting the desires and needs of members.
The association's funds are allocated to the development and maintenance of housing projects, which contributes to improving the quality of life and infrastructure in society.
The role played by the Cooperative Association for Construction and Housing is vital to achieving sustainable development in society.
It promotes access to affordable housing and encourages cooperation and solidarity among individuals, leading to improved quality of life for individuals and enhancing economic development in society.
