New Administrative Capital Compounds – The Future of Real Estate Investment in Egypt

Living in One of the finest compounds in the New Administrative Capital

The New Administrative Capital, due to open in 2020, is one of the major reconstruction projects in the east of Cairo, announced by the Egyptian Minister of Housing Mustafa Madbouli on March 13, 2015, during the conference to support and develop the Egyptian economy.

According to the plans, the city will become the new administrative and economic capital of Egypt and will be a smart city using all modern technology.

The city spans an area of ​​490 square kilometers. The first phase of the construction occupies 168 square kilometers and takes at least 5 years to build.

The main reason for building the New Capital is to try to ease the congestion in Cairo, one of the most populous cities in the world. Experts expect the population of Cairo to increase from 18 million to 40 million by 2050. The city is expected to provide much of Egypt’s economy with jobs, investments, and developments, ease pressure on the busy capital and enable the New Capital to attract people to live there. A number of sources of economic attraction are being established, including a New Administrative Governmental District, a cultural district and many civilized neighborhoods. All these districts, with their projects and companies, will be a great source of attraction for the labor force of all kinds.

Location of the New Administrative Capital

The new city lies 45 km east of Cairo between Greater Cairo and Suez Canal near the regional ring road and the Cairo-Suez road.

Find The First New Capital’s 7th Residential District (R7) Map

It is planned to have the headquarters of the parliament, the presidency, and key ministries, as well as foreign embassies. The total area of ​​the city is 700 square kilometers and the population will reach 7 million when the city is completed.

Residential Neighborhoods in the New Administrative Capital

The city consists of 21 residential districts and 25 private neighborhoods. It will be built on modern technological bases. The transfer of parliament, presidential palaces, government ministries, and foreign embassies is planned to be completed between 2020 and 2022.

The capital will also include a central park twice larger than Central Park in New York, industrial lakes, 2,000 educational buildings, a technological park, 663 hospitals and clinics, 1,250 mosques and 40,000 hotel rooms. It will also include an amusement park 4 times larger than Disney Land and 90 kilometers Of the solar energy farms, as well as an electric railway linking the new capital in Cairo and the new International Airport.

The most important compounds of the New Administrative Capital

Entrada Compound

Entrada in the Spanish language means the gateway and is the most appropriate description of the location of our project in the New Administrative Capital where it is distinguished by its presence in front of Expo City, in addition to its proximity to the City of Finance and Business and only 5 minutes from the Green River.

Start searching for properties in Entrada Compound

Entrada buildings feature modern European architectural design and most of the units have views of lakes and green spaces.

Services

  • Gardens
  • A boutique hotel
  • Commercial sector
  • Mosque
  • Industrial lakes
  • Sports club
  • Around the clock Security and guard
  • Wi-Fi coverage

Payment Facilities and Prices

Spaces ranging from 120 square meters to 300 square meters

Average prices of units range from one and a half million to 3 million pounds

  • 0% in advance and installment for over 6 years
  • 7% in advance and installment for over 7 years
  • 25% in advance and installment over 10 years

Sky Capital

It is the latest project of Better House for Real Estate Investment, a project of residential apartments and duplex villas, offering another level of luxury. The project includes many services and facilities designed in a modern way to provide a better life.

Services

  • Security and guarding
  • Green spaces 
  • Industrial lakes
  • swimming pool
  • Solar panels
  • Cycling walkways
  • Excellent shopping center
  • Health club
  • Restaurants
  • Parking lots
  • Kids areas

Buy your villa in Sky Capital in the New Capital

Payment Facilities and Prices

Spaces ranging from 130 square meters to 300 square meters

Average prices of units range from one and a half million to 4 million pounds

  • 25% in advance and installment for over 5 years
  • 10% in advance and installment for over 7 years
  • 15% in advance and installment for over 7 years

Pukka

Pukka is our newest project in the New Administrative Capital. The project was built on 40 acres. It consists of 43 buildings and 2500 units, offering many services and facilities all designed in a modern way to provide a better life and way of living.

Services

  • Green areas
  • Games Hall
  • swimming pool
  • Solar energy
  • Pet care service
  • Excellent shopping center
  • Health club
  • Spa
  • Restaurants

Payment Facilities and Prices

Average prices of units range from EGP 1,500,000 to EGP 34,000,000 

Spaces ranging from 130 square meters to 240 square meters

10% in advance and installment for over 7 years.

*Please note that all the prices mentioned in this article are for the first quarter of 2019 and subject to change, and we in Aqarmap try to update them regularly in our prices guide.

Start searching for properties in the New Capital on Aqarmap

 

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