El Nahal Developments has announced the commencement of construction on its flagship BN project in the New Administrative Capital (NAC), Invest-Gate reports.

Concurrently, the company has launched the fourth and final phase of the project, offering competitive payment options and benefits. El Nahal Developments aims to achieve synchronization between the construction and marketing plans for the project.

Dr. Karim El Nahal, Chairman and CEO of El Nahal Developments, stated that the company has achieved remarkable sales in the project within record time. Since its launch in the middle of last year, the project has reached a marketing rate of 75%. The company’s commitment to swift implementation ensures adherence to the planned timeline for delivery.

He further explained that the recently launched phase represents the fourth and final phase of the project. It includes units of various sizes and flexible payment systems tailored to suit the target customers and adapt to current market changes.

El Nahal clarified that the BN project encompasses administrative, commercial, and medical components. It spans an area of 2,725 sqm, with a ground height and 10 floors. The project comprises 200 units of varying sizes, including 34 commercial units, 146 administrative units, and 20 units designated for medical activities. The unit sizes start from 29 sqm.

He highlighted that the project enjoys a prime location in the Downtown area, directly situated on the eastern axis and in close proximity to essential areas such as the service triangle and the gold market.