Mahmoud Zayed: The government’s decisions regulate the real estate market, and we demand the development of implementation mechanisms that suit the nature of each project

 

 

 

Mahmoud Zayed, CEO of Leopard Construction and Development, said that the recent decisions issued by Prime Minister Mostafa Madbouly, which stipulated setting controls for the sale of units of real estate development projects to guarantee the rights of buyers, came at an appropriate time for the needs of the real estate market, in order to guarantee the right of buyers, developers separately. Either, especially since those decisions will reveal the serious developer who works based on a vision, study and specific goals, from the developer who harms the sector and buyers.

 

He pointed out that the government’s decisions to set controls for the sale of real estate development units will contribute to organizing a large sector representing 20% of the gross national product, especially with the state’s tendency to export real estate.

 

Zayed demanded that mechanisms be put in place to implement the Prime Minister’s decision in a manner that suits the conditions of the current projects in the real estate sector from the previous three years until the last proposals of companies’ projects in the administrative capital, east Cairo, and new urban expansions. These are the regulatory decisions of the real estate market