Upwyde Developments has launched Granoy, its largest new investment project, in the Fifth Settlement in the heart of New Cairo. The investments of the project amount to EGP 2,000,000,000, as it is a huge commercial and administrative project in a strategic location in New Cairo, where investment opportunities are dramatically increased.
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Details of Granoy New Cairo Project
Granoy is a multi-activity project and consists of a ground floor and 4 repeated floors. The ground and first floors are allocated to commercial activities, and the rest of the floors are for administrative ones. The project will be delivered in two phases, where the total area of the first phase is 10,000 square meters, in addition to 2 basements with an area of 9,000 square meters. The sale value of this stage is estimated at EGP 1,000,000,000 and it is supposed to be launched during the current year.
The project also has a wonderful engineering design according to the latest building and construction standards. It has a luxurious glass facade, which looks shiny and eye-catching, and includes wonderful green areas with charming views. Additionally, the project provides security services and other various services that make it a huge investment.
Prime Location of Granoy New Cairo Project
The project features a strategic location in the Fifth Settlement, New Cairo. It is located on northern 90th Street, in the Banks area, within an area full of huge companies, businessmen, and bank branches. The project is 10 minutes away from Nasr City and Heliopolis, and 30 minutes away from the New Administrative Capital and Ain Sukhna Road.
More Information about New Cairo
New Cairo is one of the most prestigious areas in the Cairo governorate, as it contains many different housing projects at varying prices and areas. The area of New Cairo is about 70,000 acres and includes many well-known new residential areas, such as Rehab, the Fifth Settlement, the First Settlement, Madinaty, and others.
New Cairo also includes many compounds and high-end residential projects, where customers can find a wide range of famous neighborhoods with the most famous and largest restaurants, cafes, shops, malls, commercial centers, and administrative offices.
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Prominent Landmarks Surrounding the Area
The project is specifically located on 90th Street, which is one of the largest and most famous streets within the Fifth Settlement. The 90th Street contains many shops for international and local brands, large malls and various companies, many banks, shopping and entertainment centers, in addition to various restaurants and cafes for all residents.
It is also one of the main streets of the Fifth Settlement and New Cairo, as it connects them to the important main roads and the Ring Road.
Besides, 90th Street includes:
- The Police Academy
- The American University in Cairo (AUC)
- The German University in Egypt (GUG)
- The Future University in Egypt (FUE)
Therefore, the proximity of the project to the most important high-end residential areas, companies, and business areas allows it to have many audiences and customers and guarantees its success and popularity.
Background Information on Developer of the Granoy Project
Upwyde Developments is the developer of the project and enjoys more than 35 years of experience in real estate development. The Company will launch a huge tower in the New Administrative Capital at the end of the second half of 2021.
The company has a long history in the field of real estate design and a huge and diversified land portfolio in new cities.
It also takes into account the standards and specifications of these types of properties in terms of engineering designs and quality of finishes.
Advantages and Services of the Granoy Project
- Diversity of available areas to meet the needs of all customers
- A distinctive view over 90th Street from within all units
- A unique facade with a distinctive and luxurious terrace on the first commercial floor
- Car garages
- 24-hour security service
- Many electric elevators at the highest level
- Toilets on all floors
- Periodic maintenance of the entire project
Types of Properties and Units in the Granoy Project
Units within the project vary to include commercial and administrative units, with different areas to allow the customer to choose what suits him. Units will be delivered fully finished within a year and a half.
Prices of Units in the Granoy Project
Prices vary based on different reasons including the area of the unit, the floor, and the type of the unit, commercial or administrative. So, you can constantly follow the prices through our website.
Advantages of Investing and Buying a Shop in New Cairo
New Cairo provides great investment opportunities for businessmen and investors, due to its excellent location and advantages that make it the first investment destination in East Cairo. Therefore, all customers head to New Cairo for the following reasons:
- Increasing demand for advanced, quiet, and modern housing projects in new cities
- High demand of customers for places with all services to easily meet their needs
- Availability of all commercial, medical, and recreational services
- The government’s endeavor to develop new cities and pave the roads and transportation networks for them
- Diversity of urban projects that gradually increases the population density in the area
- Increasing need for various commercial activities
The Most Famous Malls in New Cairo
There are a variety of commercial malls in the heart of New Cairo, such as follows:
- Cairo Festival City Mall: it is one of the most famous malls in the area and contains many different shops, famous commercial centers, and a large chain of restaurants, cafes, and kids areas
- Downtown Mall: it is similar to the downtown area and contains places designated for picnics and photography, as well as various restaurants and cafes
- City Plaza Mall: it is located on 17th Street and is famous for its Abdel Rahim Koueider branch