Capital Hills Real Estate Development Company aims to invest EGP 2 bn in 4 projects in commercial, administrative, and medical activities in the Downtown area in the New Administrative Capital (NAC), Invest-Gate reports.
Hussein Salah, CEO of Capital Hills, notes the companies’ decision to invest in the projects in the new administrative capital goes to the project’s distinction which enables the making of a smart capital that will make Egypt competitive with major global cities in terms of planning, technology, and modern design.
Salah adds that the company has launched its first project in the administrative capital, Point 9, with 9 floors, on an area of 2,400 sqm, with a sale of 70% of the units.
In addition, the company intends to launch the Point 11 project, consisting of 11 floors, on an area of 2,450 sqm, also located in the Downtown area.
He points out the company’s plans to implement two other projects with different activities in the coming period in NAC.
Capital Hills Real Estate Development is participating in the Al-Ahram Real Estate Exhibition, which will be held from March 18 to 21 in Mansoura, showcasing the Point 9 and Point 11 projects.
While participating in the Al-Ahram exhibition, the company offers discounts of up to 25%, payment systems up to 10 years and a 40% discount on cash aimed at contractual sales of approximately EGP 50 mn.