apartment 160 for sale sarai compound new Cairo
Reference: SE 12689
Apartments / Sale
Price / Sqm:
EGP 8,062 Per Sqm
Core & Shell
8% Deposit Union landlords
The type of ownership:
Wed 8 Nov 2017
Apartment 160m for sale at Sarai compound new Cairo
0% down payment 6 years installment
10% down payment 7 years installment
Apartment consist of
Significantly larger than the Taj City project , the KM45 development has a GLA of 5.5 mn sqm and BUA of 5.2 mn sqm. The Master plan , designed by Benoy , has recently received full approval. KM45 has a development foot print of up to 30% and currently details regarding infrastructure and utilities are under discussions with the New Urban Communities Authority (water and sewage approved , electricity under discussion with the North Cairo Electricity Company). As part of this discussion hydrogeology studies and investigations have been carried out to inspect a natural water feature design within the development. As shown in the table below the project has been designed predominantly for residential use.
A Co-Development agreement has been signed with Palm Hills Development (PHD) for developing an area of 433 , 643 sqm. The project comprises of 2880 units for which MNHD will provide the land and the land infrastruc-ture. MNHD will receive 36% of revenues as its share in this project. The project was launched at the end of 2015 and the company has already sold 415 units.
MNHD plans to launch phase 1 of the KM45 development during 1H 2016 - with a view to ensuring all infra-structure and utilities are fully finalized as soon as possible. The phase 1 will be built on a land area of 200 , 000sqm.
Balcony + View
Inside the city
On the outskirts of town
Green color means pay in installments