Spark Capital Insight Launches with EGP 1.5 bn

Spark Capital Insight Launches with EGP 1.5 bn

Egyptian-Gulf Investment Company Brouq Developments unveil the Spark Capital Insight project in the New Administrative Capital (NAC), with investments amounting to EGP 1.5 bn, Invest-Gate reports.

Marketing Communications Manager at Brouq Developments Helal Mohsen explains that the project is located on an area of ​​8,000 sqm in plot G 15 in the MU23 area in NAC.

Mohsen states that the Mimar Engineering Consulting Company oversees the general plan for the project, and adds that the project is a commercial, medical, and administrative tower. He points out that the project will be handed over in 2024.

He notes that the company offers various payment schemes to customers, starting from 10% down payment and payment facilities of up to about 14%. The company also provides the customer with an electronic application, enabling customer to identify the project, view all units, choose a specific unit, know full details and choose out before visiting the company, which makes it easier for the customer, and conforms to the state’s vision for digital transformation.

According to Mohsen, Brouq Developments has an investment plan of EGP 8 bn in the Egyptian real estate market.

Brouq Developments is the product of cooperation between three companies: Qhsp, a Qatari company; Alfada, an Emirati company with a strong precedent in implementation of towers; and NBS HOLDINGS.



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