الرئيسية / عقارات / Fawzy reveals fate of old rent units starting September

Fawzy reveals fate of old rent units starting September

فريق رجال الأعمال عقارات 06 August 2025 09:08 PM
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Fawzy reveals fate of old rent units starting September

Counselor Mahmoud Fawzy, Minister of Parliamentary Affairs and Political Communication, revealed the new rental rate and the fate of housing units governed by the old rent law, starting next month.

Fawzy stated following the Cabinet meeting that all units will pay a fixed rent of EGP 250 beginning in September 2025. This amount will be applied immediately until each area is classified as economic, middle-income, or premium.

He clarified that when an agreement is reached between the tenant and the landlord, the government will not intervene. If no agreement is reached, the landlord has the right to reclaim the property, and the tenant will be presented with several alternatives.

He stressed that eviction will not be enforced by law. Legal eviction can only occur through a court ruling issued upon a formal request by the landlord after the legally prescribed period ends.