I have a local git repository which has some Python modules and I would like to create a new project which includes these files (I installed egit egit).
My repository does not include a .project file.
File > New PyDev Project
Unclick "Use default" and browse to your git repo.
Enter project name.  Name must be the same as the git repo.  You'll get a "Source Folder Not Found" error if it's not.
Click Finish.
How to add an existing git repository (without an eclipse project) into eclipse?