The New Urban Communities Authority (NUCA) agreed to reduce penalties imposed on individuals and developers for falling behind on payments for land plots, homes, and commercial units purchased through the authority, Housing Minister Mostafa Madbouly announced yesterday. Individuals who have completed all necessary payments will be exempted from all penalties, while those who are still paying instalments will see their fines reduced at varying degrees based on the amount paid thus far, Youm7 reports

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