Real Estate   Brief of meetings Objectives Related articles from Business Monthly Committee work plan AmCham related member companies Contacts List of Committees | Previous Years

Objectives

• Modify and simplify the legal procedures and regulations in the Real Estate finance system
• Increase public and developer understanding and awareness of the mortgage system
• Create an extensive Real Estate Database (Multiple Listing Service)
• Establish Escrow Services
• License all Real Estate agents
• Turn Egyptian Homeowners Association into an effective institution with real legal authority

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Committee Work Plan

• Meeting with the Minister of Housing, Utilities and Urban Communities, in order to seek out his cooperation in the attainment of the Committee's objectives
• Joint Meeting with the Legal Affairs Committee, in order to discuss the legal framework surrounding the Real Estate market in Egypt
• Meeting with the Chairmen of both the Association of Real Estate Developers and the Association of Real Estate Brokers, in order to discuss and potentially strengthen their role in the Real Estate market

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Contacts

Chairman: Mohamed Abdallah, Coldwell Banker Affiliates of Middle East & Greater Africa
Co-Chair: Hala Bassiouni, Egyptian Housing Finance Co

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