Menassat Developments launches a new project with investments exceeding EGP 1 bn on the Gamal Abdel Nasser Axis, which is one of the most important axes of New Cairo, Invest-Gate reports.

Ahmed Masoud, Chairman of Menassat Developments, says that the project is a commercial, administrative, and medical mall on an area of 5,500 sqm.

He notes that the project serves residents of Diplomats, Al-Narges extension, Al-Narges buildings, Al-Narges villas, and the districts area in New Cairo.

Masoud adds that the project consists of a basement, ground floor, and 3 floors, and the area of the units ranges between 35 and 2000 sqm, pointing out that the goal of the diversity of spaces is to meet the needs of the largest number of customers, with various payment systems, to suit the purchasing power of the clients of the platform company.

He reveals that the company’s latest project offers payment systems starting from a 10% down payment and periods of up to 7 years.

Regarding the delivery date, Masoud unveils that it is scheduled to start within a maximum period of 36 months from the date of the offering.