Real estate development in Egypt is a market measured in hundreds of billions. The operational challenge is real: thousands of units to track, sales and reservations, complicated instalment plans, dozens of brokers, and a stack of legal obligations. A serious ERP handles all of it.
The challenges facing property developers
1. Tracking thousands of units
A project with 500 units in phase one and 700 in phase two means 1,200 units, each carrying a status (available, reserved, sold, handed over). Doing that by hand does not scale.
2. Complex instalment plans
Every buyer is on a different plan:
- 10% down plus 7 years of instalments
- 30% down plus 5 years
- Cash with a 15% discount
- Quarterly instalments
- Monthly instalments
3. Property brokers
Commissions at varying rates (2-5%), performance bonuses, and per-broker transaction tracking.
4. Collections and arrears
Tens of thousands of instalments due every month. Customer reminders, late-payment interest, and legal escalation.
5. Financial reporting
Revenue per project, costs, profitability and cash flow.
The core modules of a serious property development system
Project management
- Project definition (location, area, type)
- Phases (1, 2, 3 and onward)
- Unit models (studio, 1BR, 2BR, duplex, penthouse)
- Drawings and documents
- Licences and certificates
Unit management
- A database covering every unit
- Live unit status (available / reserved / sold / handed over)
- Base price plus premium pricing
- View and position within the development
- Finishes and specifications
Reservations and contracts
- Unit reservation against a deposit
- Preliminary contract
- Final sale contract
- Lease contracts (for rental stock)
- Contract renewals
- Addenda and amendments
Instalment plans
- A bespoke plan per buyer
- Annual / quarterly / monthly / custom
- Late-payment interest
- Advance payments
- Discounts
- Rescheduling
Instalment notifications
- SMS a week before the due date
- WhatsApp reminders
- Email to the buyer
- Internal alerts on overdue accounts
Broker management
- A broker database
- Commissions as a percentage or a fixed amount
- Every sale traced to its broker
- Monthly commission payouts
- Performance reporting
Real covenants
- Obligations attached to each unit
- Shared services
- Monthly maintenance fees
- Community rules
Project reporting
- Sell-through rates
- Collected revenue
- Actual costs
- Profitability per project
- Forecast cash flow
- Arrears report
Applied to Egypt's major developments
New Cairo
Projects such as New Cairo, Mostakbal City and Madinaty. The challenge: multi-phase developments, thousands of units, buyers from every governorate.
The New Administrative Capital
New developments across R5, R8 and MU districts. The challenge: complex contracts, government partnerships, many unit types.
The North Coast
Resort communities including Marina, Marassi and Marseilia. The challenge: seasonality, daily rental alongside sales, and demanding maintenance operations.
6th of October and Sheikh Zayed
Premium developments such as Westown, Beverly Hills and Allegria. The challenge: VIP buyers and a high degree of customisation.
Customer story: Meliora Real Estate Development
Meliora Real Estate Development chose Hunt ERP to run its projects end to end: preliminary and final contracts, BOQ quantity surveying, the technical office, subcontractor management, project tracking, invoicing and progress claims. The result: contract issuance dropped from three days to 30 minutes, cutting administrative time by 70%.
The legal obligations that matter
- ETA electronic invoicing on every sale
- Property registration and the real estate register
- Commercial profit tax returns
- Obligations under Egypt's new real estate development law
- The mortgage finance law
Hunt ERP supports all of this out of the box.
The bottom line
Property development in Egypt turns over hundreds of billions a year, and the competition is fierce. The difference between a developer that grows and one that sinks is operational efficiency. A purpose-built ERP means:
- Every unit accounted for
- Every instalment known
- Every broker commission calculated
- Every project's profitability visible
Explore Hunt ERP for real estate or book a live demo: 01122663444.
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