Terms and Conditions

"Master Builder Group" is an Egyptian joint stock company working in the field of real estate development and investment, especially those related to housing and urban development projects. It was established under the provisions of the Investment Authority Law Commercial Register 138075 Investment Cairo - located in Cairo - Heliopolis - 107 El Thawra Street Egypt and its activities are subject to the supervision of the Investment Authority and the Financial Supervision Authority.

The company has purchased the plot number (9B) located in the new administrative capital in the distinctive first phase, with an area of ​​40.52 acres (forty acres and fifty-two percent of the acre) under a purchase contract from the Administrative Capital for Urban Development Company (S.A.E.) dated 17/ 4/2018 for the purpose of constructing a commercial administrative residential compound integrated with facilities and necessary entertainment services (PUKKA Compound) issued by which the Ministerial Resolution No. 54 of 2019 of approving the general plan of the project. In the form of residential buildings of various areas to meet all customers' needs to obtain adequate housing in a calm atmosphere away from the noise and pollution sources and a distinguished commercial and administrative entertainment area.

This website is owned and controlled by the company

First: Privacy policy

  • The company does not collect customer data, but it is the customer who is interested in the activities and projects of the company who is visiting the site and entering its data.
  • All credit/debit card information and personally identifiable information will not be stored, sold, shared or leased to any third parties.
  • Website policies and provisions may be changed or updated from time to time to meet requirements and standards. Therefore, customers are encouraged to visit these sections frequently until they are updated about the changes on the site. The changes will be in effect from the day they are posted.
  • Some of the ads you see on the site are chosen and delivered by third parties, such as advertising networks, advertising agencies, advertisers, and audience segments providers. These third parties may collect information about you and your activities online, whether on the site or other websites, through cookies, web beacons, and other technologies in an attempt to understand your interests and deliver ads that match your interests. Please remember that we do not have access or control to the information that these third parties may collect. This privacy policy does not cover the information practices of these third parties.

Second: The policy of reserving units through the site

  • The sales are communicated through the website to display the available units of the project (residential, administrative and commercial) and exchange discussion with the site officials about the advantages and methods of payment.
  • If you want to make a reservation, and after the approval of the company, a message is sent to the customer from the company (link to the electronic payment page via a message on the mobile or his email). Then the amount of reservation seriousness is paid through CIB bank application with a minimum of 20000 pounds for residential and administrative units and 50000 pounds for commercial units with the entry of unit data, and the deposit is made in Egyptian pounds or its equivalent in dollars or euros, according to the price declared for the currency in the Egyptian Central Bank at the time of payment.
  • The reservation is valid for fourteen working days from the date of depositing the amount of seriousness of the reservation, during which the contracting procedures with the company are completed and the rest of the deposit is paid.
  • The reservation is not considered a sale by the company and the company is entitled to if the customer does not finish the contracting procedures during the mentioned reservation period the reservation is considered null and the company has the right to open the unit for sale.

Third: The policy of selling units through the website

  • During the reservation period, the client is contacted through the legal department and contracts through the site to display a copy of the sales contract and its conditions for the customer to view.
  • After the customer agrees to the terms of the contract, a message is sent to the customer from the company (link to the electronic payment page via a message on the mobile or his e-mail) and then the advance payment of the selling of the unit is paid through the application of the CIB Bank.
  • Within seven working days, the contract is prepared from legal affairs and the client signs it upon notification, with depositing bank checks with the amount of the rest of the unit's installments and maintenance deposit. In the absence of checks, the contract is signed by the customer with the customer’s pledge to bring the bank checks of the rest of the installments within three months with no delivery of the unit except after handing out bank checks with of remaining installments.
  • If the customer is outside or inside the Arab Republic of Egypt and circumstances prevent him from attending to sign the contract, the contract can be sent to him via DHL or Aramex to sign it and return it to the company. The client bears the validity of the signature on the contract and considers the customer’s approval of the terms of the contract after looking at it on this site, an acknowledgment of his acceptance.
  • The company delivers the contract to the customer within seven working days of signing the contract in the company or the arrival of the contract to the company after signing it abroad.

Fourth: Cancellation Policy or Termination, and cancellation of the sale

  • If the customer notifies the company within 72 hours from depositing the amount of the seriousness that he wants to cancel the reservation, he is entitled to a refund of the amount paid by him after the company's approval without deduction, except for what the bank deducts from the transfer commission and according to the bank’s policies.
  • If the customer notifies the company after 72 hours from the depositing of the seriousness of the reservation that he wants to cancel the reservation, he will be deducted from the amount paid 10% and a minimum of 20,000 pounds.
  • If the customer wants to cancel the sale and cancel the contract after agreeing to the terms of sale through the site or execution the contract and transferring the advance amount is deemed to agree to the terms of sale, the terms of the contract shall be applied by deducting 20% of the value of the sale and returning the rest to the customer in the same way that he paid after six months the completion of the annulment procedures, and the terms of the contract signed between the two parties will apply if it stipulates otherwise.

Fifth: General policies

  • (mbgeg.com)will NOT deal or provide any services or products to any of OFAC (Office of Foreign Assets Control) sanctions countries in accordance with the law of Egypt.
  • Multiple transactions may result in multiple postings to the cardholder’s monthly statement.
  • Any dispute or claim arising out of or in connection with this site shall be subject to and interpreted under Egyptian laws.
  • Egypt is our home.
  • Minors under the age of 18 are prohibited from registering as a user of this website and are not allowed to deal with or use the site.
  • If you pay for company units on our website, the details that you are required to provide will be provided directly to our payment provider through a secure connection.
  • The cardholder must keep a copy of transaction records, company policies and rules.
  • We accept online payment using a credit/debit card, Visa and MasterCard in Egyptian pound or its equivalent in dollars or euros, according to the announced rate of the currency in the Egyptian Central Bank at the time of payment.