Abu Dhabi’s Imkan said the first phase of Alburouj development in east Cairo, near Shorouk City, will be delivered this year, Invest-Gate reports.
Being the first real estate project developed by Capital Group Properties (CGP), the mixed-use community spans across 5 mn square meters and is located 20 minutes away from Cairo International Airport (CAI), according to Imkan’s statement on September 24.
Alburouj is being built at a cost of EGP 40 bn, with expectations to comprise 30,000 housing units.
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