Thndr Claps » EGY Claps » Real Estate 🏡 » Madinet Nasr Housing could lock in more land🌆
The ClapMadinet Nasr Housing (MNHD) is exploring the possibility of acquiring land in West Cairo in H1-2023.
WhatThe real estate giant is looking to add no less than 200 feddans to its landbank.
So whatThe company expects its profit margin, which shows a company’s profits as a percentage of total revenues, to reach 20% by the end of 2022 despite all the economic challenges this year.
Now whatWith raw material costs rising across the board, Madinet Nasr Housing could be raising its unit prices anywhere between 15-20%.
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