Who is the developer of Zed Towers Sheikh Zayed?

The company that owns Zed Towers Sheikh Zayed is Ora Developers

Apartment 243m for sale in Zed Towers Sheikh Zayed

Reference: NS 27443

EGP 10,670,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 10,670,000

Apartment 243m for sale in Zed Towers Sheikh Zayed

Reference:

NS 27443

Price:

EGP 10,670,000 Installment

Price / Sqm:

EGP 43,909 Per Sqm

Finishing Status:

Super Lux

Area:

243 sqm

Listed:

Sun 26 Mar 2023

About Zed Towers Sheikh Zayed

Apartment for Sale in Zed Towers - Sheikh Zayed By Ora Developers

Introduction:

Zed Towers Sheikh Zayed is a luxurious residential development found in the prime location of Sheikh Zayed City in Egypt. It is designed to offer a lavish lifestyle with excellent amenities such as a world-class gym, swimming pools, and recreational areas. However, the project has faced legal challenges that have delayed its completion.

Legal Issues:

One of the most significant legal issues that have affected the Zed Towers development is the alleged violation of building regulations. According to reports, the towers' developers did not obtain proper permits for the project, and the construction was not in line with the set building codes. This resulted in the authorities issuing a suspension order in 2019, temporarily halting construction works.

The suspension order came after several complaints from residents who raised concerns about the project's impact on the surrounding environment. For instance, there were reports that the construction process caused disturbance to the natural surroundings, including the nearby lake and wildlife.

The developers of Zed Towers have since sought legal redress, arguing that they had obtained all the necessary permits required to proceed with the project. Their legal team has also disputed claims that the development posed a threat to the environment, citing the necessary precautions taken to prevent any negative impact.

Recent Developments:

After several legal battles and consultations, the government of Egypt lifted the suspension order on the Zed Towers development. The development is now back on track, and the finishing stages are reportedly underway.

Conclusion:

Regardless of the legal challenges that stalled the construction of Zed Towers, the development promises to be a world-class residential complex with ultramodern amenities. The unique location of the towers, combined with their luxurious features, is expected to attract high-end clientele seeking a serene and exclusive living experience. As Zed Towers nears completion, it is clear that the legal issues surrounding it have not affected its popularity or appeal.

MLS Realty
+201200070979