Modon Developments will introduce a one-day offer on its projects at the NAC, inclusive of up to 50% discount with installment plans for repayment, Invest-Gate reports.

The discount will be applicable on commercial, administrative and hospitality projects at the NAC’s Business District & Downtown.

Modon Developments Cities delivers fully-finished units with air-conditioners at prices ranging from EGP26,000 per sqm for commercial units, and EGP17,400 for administrative units.

Ahmed Usama, CEO of Modon Developments, states that the company is keen on innovating mechanisms with the express purpose of meeting needs of customers and alleviating financial burdens that happened to unravel during the previous months, and were triggered by surging prices of properties. The company is also interested in persuading customers to invest in the real estate sector, which is widely viewed as the optimal provider of safe haven assets as well as returns on investments.

In April, the company ordered expenses earmarked otherwise for the marketing campaigns to be used in funding its own projects during the Holy Month of Ramadan, with the aim of directly benefiting customers through providing them with prominent offers and discounts so as to ensure the realization of the desired goals.

Additionally, Modon Developments is executing 5 high-end projects at the NAC, including 18-storey Central Iconic Tower, which spreads over 4104 sqm with investments up to EGP1bn.

Moreover, the company is carrying out 3 projects at NAC’s Downtown as well as one directly overlooking the Green River.