Learn more about ‘IL Bosco’ project at New Administrative Capital
IL Bosco project provides a leading and outstanding housing experience for the residents of the New Administrative Capital
Il Bosco is the latest housing project at the New Administrative Capital. The project is implemented by “Misr Italia Group”-one of the leading Egyptian companies in real estate development- which has implemented multiple projects such as:
- Kai El Sokhna
- Kai North Coast
- Mousa Coast
- Lanuova Vista New Cairo
- Italian Square at 6 October City
IL Bosco Project is characterized by its wide area -extending over an area of 200 acres in the heart of the New Administrative Capital, located on the borders of Badr City in the area located between Cairo-Suez and Cairo-Ain Sokhna roads, on the eastern part of the Regional Ring Road right after New Cairo, Madinaty and Future City. The Administrative Capital is 60 kilometers from the heart of Cairo.
The project includes luxury villas and outstanding apartments. For the first time in Egypt and the Middle East, Vertical Forest is implemented, where residential towers are surrounded by plants that help to reduce pollution and increase oxygen levels in the atmosphere. Furthermore, they have a fascinating aesthetic landscape.
Location
- The project is located at Mohammed Bin Zayed main street in front of the Green River near Al-Massa Hotel.
One of the most significant characteristic of the project is that it is located near the critical areas of the Administrative Capital.
The most significant critical areas:
- The Green River
- The New Administrative Capital International Airport
- Conference Center
- The Presidential Palace
- The Expo City
- The Academic Center
Phases of the project
The project consists of 4 phases; the first phase has finished last November, the second phase was proposed due to the growing demand for purchase at the end of 2017. The contract, concerning 2500 units, has been concluded with total sales of EGP 5.9 billions for the two phases.
Services
In addition to the housing units and villas, a social sports club is being built over an area of 4.5 acres, a commercial mall over an area of 90 thousand meters by investments up to EGP 2 billion, a global hotel with a capacity of 250 rooms, and an administrative tower over an area of 20 thousand meters by investments up to EGP 800 million.
Types of properties at Il Bosco Project
- Apartments
- Town Houses
- Private Villas.
The housing units are over an area of 120-200 square meters, and the villas are over an area of 250-500 square meters.
Delivery dates of the first residential Units of the project
The first delivery process is scheduled to start in October 2021.
Units’ Prices and Payment Methods
- The company has two main payment methods: the first is installment payment over 7 years without interests and payment of 10% of the unit value as a reservation, while the second is payment of the unit prices over 9 years with interests.
- The prices* vary according to the location and size of units, starting from EGP 9,000 per meter to EGP12,000.
- The current prices* are preliminary and are expected to increase due to the increasing interest in the New Administrative Capital. Moreover, there is a variation in the land prices* but in all cases, it would not be less than EGP 3,500 per square meter. Earlier, the price* of each square meter was EGP 2,400.
https://aqarmap.com.eg/en/listing/2369769-projects-il-bosco