Penthouse For Sale At Sarai 206m
Reference: SE 7939
Apartments / Sale
Price / Sqm:
EGP 10,000 Per Sqm
Core & Shell
The type of ownership:
Tue 23 May 2017
New Cairo Sarai Compound
Penthouse for sale 206 M space area
3 bedrooms 3 bathroom 3 Reception
Up to 7 years installments
10 down payment
Residential 600 Acres
Commercial and Lagoons and Racing Lanes and Amenities , Walking tracks 300 Acres
Divided into small compounds each 100 Acres
The project includes apartments , villas , a desert resort hotel , lagoon-side hotels , a large water-park , an equestrian centre , restaurants and cafes , all set along the water’s edge.
This key zone of New Cairo will be connected to Old Cairo through the planned Cairo Suez Metro Line.
Madinet Nasr for Housing & Development Projects
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.
Green color means pay in installments