Land tenders for 1,000 feddans at New Capital to be issued next month

The Administrative Capital for Urban Development is planning to issue tenders next month for 1,000 feddans for commercial and service developments at the New Administrative Capital, Al Borsa reports. The company is currently working on dividing the land into lots and pricing each piece ahead of the tender, a Housing Ministry source tells the newspaper. The company had tendered 15 pieces of land totaling 40k feddans in the first phase of the New Capital in February.