Know All of the Details on 3 New Projects in 6th of October City

In this article, you get to know about the new projects in 6th of October City as it is considered one of the best new cities in Egypt containing both calmness and wide spaces, vitality, and vibrancy in most of its areas.

It is also characterized by being reachable due to the availability of lines of transportations between the city and most of the important areas at the heart of Cairo.

Zayed Cristal Spark Project in Sheikh Zayed City

Zayed Cristal Spark Project in Sheikh Zayed City will be the first project containing skyscrapers in Egypt and it will be one of the best places for renting and purchasing shops in October. Zayed Cristal Spark Project consists of a number of buildings; the first of which is a tower with a height of 200 meters and a pyramidical design matching its location near to Giza Pyramids.

Project Location and Division

Zayed Cristal Spark Project is located in the southwest of Sheikh Zayed City directly on 26th of July Axis. It is an administrative commercial entertaining project. The location of the project is characterized by being reachable from the middle of the capital (Cairo) by 26th of July Axis.

Zayed Cristal Spark Project contains buildings of various uses, in addition to the uniqueness of the project in having Icon Tower at a high altitude of 200 meters upon an area of 190 feddans (798000 square meters).

The units of this project will be introduced into the partnership system between the real estate developers and the New Urban Communities Authority.

The area surrounding Zayed Cristal Spark Tower will be divided into 3 areas: an administrative and commercial area for companies and international brands, a central park area and green areas, tourist destination area and entertaining areas.

Zayed Cristal Spark Tower has a form of a pyramid and Egyptian Pharaonic obelisk so as to be the icon of the project and the highest tower in Egypt with a height of 200 meters and 49 floors.

Developing Companies of the Project

The Egyptian ministry of housing has made a partnership with a group of private real estate companies as the ministry; represented by New Urban Communities Authority, allocated the plot of the land and the areas of the project so as the role of the investor is to be committed to develop, design, market, sell, execute and fund the project and its departments.

On the condition that the investor will be liable for all his commitments towards the customers with no responsibility on the part of the Authority. The investor has the right to add activities or any other items he sees as achieving a better economic return for the project and better exploitation for the land of the project.

Palm Hills New October Project

Palm Hills New October Project has the name of its developing company that is Palm Hills Company for Real Estate Development; one of the most important and successful real estate companies in Egypt.

Location of Palm Hills New October Project

Palm Hills New October Project is located at the heart of 6th October City, namely upon Al Wahat road in Creative City area, 10 kilometers away from MSA University in the New October City and it is near to the best compounds in Sheikh Zayed.

Features of Palm Hills New October Project

The company developing Palm Hills New October Project was keen on collecting as many features and characteristics inside the compound and the types and areas of units as well to be suitable for a large number of customers.

Palm Hills New October Project is characterized by having many green areas and parks prevailing coherently in each square of the compound with comfortable seats at the middle of nature.

For making the compound an integrated community, the developing company was keen on building a huge commercial mall having many shops of the most famous international brands to meet all the requirements of those who are residing in the Compound.

Various Luxurious Features and Services

What characterizes Palm Hills New October Project is having roads specialized for bicycles in a safe and secure distance away from the roads of vehicles.

Furthermore, there is a social club containing a various group of playgrounds for all team and individual sports. In Palm Hills New October Compound, there are 2 international schools equipped at the highest level for providing the best educational service for the children of the residents.

Areas of Units in Palm Hills October

The areas of the apartments in Palm Hills New 6th October range from 85 square meters to 250 square meters

Palm Hills New October Compound provides several numbers of various units as of the area and the design; there is the townhouse which has an area ranging from 185 square meters to 230 square meters.

The areas of the townhouse range from 234 square meters to 263 square meters and the area of the standalone villas range from 195 square meters to 500 square meters and all these areas are only for buildings.

Prices and Systems of payment in Palm Hills

The prices of the units in Palm Hills Compound are different as per its area and its housing floor. For example, the price* of the housing apartment in a building consisting of 5 floors ranges from EGP 1,200,000 to EGP 2,300,000 as per its area and the number of the rooms.

As for the duplex in buildings of floors, its prices start from EGP 3,758,400 up to EGP 6,092,000 as per its area and design.

And the prices of the standalone villas start from EGP 4,700,000 up to EGP 11,000,000

The company specified the way of the payment as it suits the least capacity as the customer will pay about 10% of the value of the housing unit desired to be reserved and the rest will be paid in 8 years.

Axis Compound in 6th October City     

Axis Compound in 6th October City is one of the projects of Iwan for Investment and Development Company which is known for its finite accuracy in designing its projects and selecting the highest quality of materials and the best crews for executing its projects.

Within 15 years, the age of the company in the Egyptian market, the company was able to execute seven housing projects, in addition to ten administrative and commercial projects; especially in the west of Cairo, 6th of October City, Smart Village and Sheikh Zayed.

Location of Axis Compound in 6th October City

Axis Compound in 6th October City is 7 minutes away from Sheikh Zayed and 10 minutes away from Lebanon Square. It is also characterized with being reachable through 26th of July Axis and Cairo – Alexandria desert road and it is one of the luxurious compounds in 6th October City.

Features of Axis Compound

Axis Compound is considered as one of the luxurious and latest housing compounds in 6th of October City as it has the calm comfortable factors of life needed by everyone to be away from the stress of life after having a hard day’s work.

The compound contains several numbers of green areas that give ease and peace of mind and make the place wonderful and attractive, in addition to the charming artificial lakes.

In the compound, there is a health club with gym and swimming pools combined with a social club having a group of entertaining games for children.

The compound provides also a security service at the highest level to preserve the lives and the properties of its residents, in addition to having various schools and services of health care with the highest quality and professionalism.

All these features have made Axis Compound in 6th of October City amongst the most important compounds of October City.

Methods of Payment

The company developing Axis Compound in 6th of October City provides a comfortable and suitable way of payment for all customers; they will pay only 5% of the value of the unit as an advance and the rest will be paid in 7 years with no interests and the units will be delivered within 4 years.

*It is worth mentioning that the prices stated in the article are changeable. In Aqarmap, we are keen on updating the price list of the districts, so as the consumer will be able to know the changes in the real estate market.

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