What is the location of The City?

The City New Capital

Reference: NS 111013

EGP 1,655,500

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 1,655,500

The City New Capital

Reference:

NS 111013

Price:

EGP 1,655,500 Installment

Price / Sqm:

EGP 10,477 Per Sqm

Finishing Status:

Semi Finished

Area:

158 sqm

Bedrooms:

Bathrooms:

View:

Land Space

Price:

EGP 1,655,500

Down Payment:

EGP 765,000

Year Built:

Listed:

Tue 23 May 2023

About The City New Capital

3 Bedrooms Apartment for Sale in The City New Capital

The City New Capital Egypt is a brand new city that is being built from scratch in the heart of Egypt. The city is being designed to be a modern metropolis that can compete with other global cities like New York, Singapore, and Tokyo. It is estimated that the city will cost around $45 billion to build over a period of 12 years.

The city is being built on a 700-square-kilometer area of land, located approximately 45 kilometers east of Cairo, the capital of Egypt. The goal of the project is to relieve the pressure on the current crowded capital and provide a new city for citizens to live and work in.

The City New Capital Egypt is a compound of many different areas, including residential, commercial, and administrative zones. The residential zones are expected to accommodate around 6.5 million people, while the commercial areas will provide job opportunities for around 2.5 million people.

The city is being designed to be eco-friendly, with a focus on sustainability and renewable energy. Many green spaces are being built throughout the city, including parks, gardens, and open spaces. The city's infrastructure is also being designed to be sustainable, with bike lanes, pedestrian walkways, and electric vehicle charging stations being installed.

One of the most ambitious projects in The City New Capital Egypt is the construction of a new administrative capital. The administrative zone will be home to many government offices, ministries, and embassies, making it the political center of the country. The zone is being built to be modern, efficient, and capable of handling the needs of a rapidly developing country.

The City New Capital Egypt is also home to many recreational and cultural areas, including museums, theaters, and shopping malls. The city is being built to cater to people of all ages and backgrounds, making it a true melting pot of cultures.

The first phase of The City New Capital Egypt is expected to be completed by 2020, with many of the residential areas being built in the first phase. The city is being built by the Egyptian government in partnership with private sector companies, making it a truly collaborative effort.

In conclusion, The City New Capital Egypt is an ambitious project that is designed to provide a new home for millions of people in Egypt. The city is being built with modern technology, sustainability, and the needs of the people in mind. The project is expected to have a positive impact on the economy of Egypt and help to alleviate the overcrowding in the current capital.

MLS Realty
+201200070979