{"id":652613,"date":"2017-01-15T04:14:21","date_gmt":"2017-01-15T04:14:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/sodic-denies-delaying-submitting-plan-to-develop-project-with-heliopolis-housing-to-september-launch-on-track\/"},"modified":"2017-01-15T04:14:21","modified_gmt":"2017-01-15T04:14:21","slug":"sodic-denies-delaying-submitting-plan-to-develop-project-with-heliopolis-housing-to-september-launch-on-track","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/sodic-denies-delaying-submitting-plan-to-develop-project-with-heliopolis-housing-to-september-launch-on-track\/","title":{"rendered":"SODIC denies delaying submitting plan to develop project with Heliopolis Housing to September, launch on track"},"content":{"rendered":"<p>SODIC says it only delayed submitting the general plan for developing 655 feddans with Heliopolis Housing by 10 weeks to March 2017, according to <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/197862_1.pdf\">a bourse statement<\/a>. There were rumors, denied by SODIC, that the company was looking to delay submitting the development plan until September. SODIC adds the extension will have no effect on the launch date for the project, slated for 2H2017, and adds that there is no effect on the contractual agreement with Heliopolis Housing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SODIC says it only delayed submitting the general plan for developing 655 feddans with Heliopolis Housing by 10 weeks to March 2017, according to a bourse statement. There were rumors, denied by SODIC, that the company was looking to delay submitting the development plan until September. SODIC adds the extension will have no effect on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652613","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"5eff19b0-dd5d-4d27-9bd5-d38124e38475","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652576],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SODIC denies delaying submitting plan to develop project with Heliopolis Housing to September, launch on track - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/sodic-denies-delaying-submitting-plan-to-develop-project-with-heliopolis-housing-to-september-launch-on-track\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SODIC denies delaying submitting plan to develop project with Heliopolis Housing to September, launch on track\" \/>\n<meta property=\"og:description\" content=\"SODIC says it only delayed submitting the general plan for developing 655 feddans with Heliopolis Housing by 10 weeks to March 2017, according to a bourse statement. There were rumors, denied by SODIC, that the company was looking to delay submitting the development plan until September. 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The first phase of the project is scheduled for completion early next year, according to Heliopolis Housing\u2019s Managing Director\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648524,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/sodic-completes-master-plan-for-655-feddans-project-in-new-heliopolis\/","url_meta":{"origin":652613,"position":2},"title":"SODIC completes master plan for 655 feddans project in New Heliopolis","author":"enterpriseam admin","date":"5 April 2017","format":false,"excerpt":"SODIC submitted the master plan for developing 655 feddans in New Heliopolis in partnership with Heliopolis Housing, which announced the news in an regulatory disclosure. SODIC confirmed the news, adding it contracted international design firm Sasaki for the plan, which Heliopolis Company approved. The project is expected to be launched\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645781,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/heliopolis-housing-approves-sodics-master-plan-for-new-heliopolis\/","url_meta":{"origin":652613,"position":3},"title":"Heliopolis Housing approves SODIC\u2019s master plan for New Heliopolis","author":"enterpriseam admin","date":"30 July 2017","format":false,"excerpt":"Heliopolis Housing and Development signed off on SODIC\u2019s master plan for developing 655 feddans in New Heliopolis, which it had submitted in April, Al Masry Al Youm reports. SODIC is expected to launch the first phase of the project in October, Heliopolis Housing deputy chairman Wael Youssef says. As we\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642729,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/sodic-spent-egp-804-mn-of-its-2014-capital-increase-as-of-1h2017\/","url_meta":{"origin":652613,"position":4},"title":"SODIC spent EGP 804 mn of its 2014 capital increase as of 1H2017","author":"enterpriseam admin","date":"21 August 2017","format":false,"excerpt":"SODIC has spent EGP 804 mn in proceeds from its 2014 EGP 992.9 mn capital increase as of 1H2017, according to an EGX filing. 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