Phase two of MNHD’s SARAI sells out

Madinet Nasr Housing & Development (MNHD) announced that the second phase of its project SARAI in New Cairo has sold out. 787 houses were sold, bringing in reservations worth of EGP 1.8 bn in reservations, of which EGP 845 mn worth of contracts were inked and a balance of EGP 904 mn to be finalized in March, the company says.