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NUCA Approves Package of Green Building Incentives: Has Sustainable Real Estate Become the New Mandatory Standard for Your Investment?

NUCA Approves Package of Green Building Incentives: Has Sustainable Real Estate Become the New Mandatory Standard for Your Investment?

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The Board of Directors of the New Urban Communities Authority (NUCA) approved a package of incentives to encourage developers towards Sustainable Green Building in new cities. This applies to new projects and those under construction with less than 20% completion (Non-retroactive).

Starting June 30, 2026, major cities like New Cairo, New Alamein, New Mansoura, and the NAC will be deemed "Green Cities." One of the "Pyramid Certificates" (Preliminary, Bronze, Silver) will be mandatory for all projects, with incentives granted based on the certificate level.

Joint committees will be formed from NUCA and the Housing and Building Research Center to review projects, confirming that obtaining incentives and certificates requires strict application of sustainable design and construction standards.

The concept of real estate in Egypt is shifting from mere space to sustainable value and operational quality. Concept IMD guides you towards the developers leading the Green Race to ensure your investment complies with the new global standards.

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Concept IMD is one of the largest real estate service companies, with extensive experience in the real estate development market. The company operates three branches, through which it has achieved sales exceeding 4 billion EGP.

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