Aqarmap.Com Says Demand on Housing Increased by 17% in Feb

Egypt’s Political stability within the early of 2014 contributed in boosting the deferred demand for residential units over the past years, as the indexes of demand on real estate increased by 17% within last February, Amad Almsaodi, CEO of Aqarmap.com said.

He added in keynote speech at City Scape Summit 2014 today that the indexes of Aqarmap.com succeeded in monitoring the movements of the real estate market in Egypt during the last period, revealing that the individuals’ trends towards  owning  areas by the stability of political situations in state.

El Harm, Al-Mohandseen, Sixth of October ,El Rehab and New Cairo are much closer zones to real estate developers’ concerns in Egypt by the upcoming phase, as well as the investors trend to own areas near of Madinety and New Heliopolis, Almsaodi added.

Furthermore, he explained that Aqarmap is targeting to achieve compatibility among the desires of clients and the submitted potentials in the real estate market currently, through monitoring the conditions of the real estate market and the providing services or prices for residential units in different regions.