A new residential project worth EGP 300 mn will be implemented in New Cairo by El Batal Group for Housing and Development, according to Emad Doss, the company’s Chairman, reported Amwal Al Ghad.
The project will include 250 hotel units with sizes, ranging from 50 to 100 square meters, and will be offered for sale by the end of 2016, according to Doss.
The company will offer tenders to contractors, who will then be expected to deliver within two and a half years . Meanwhile, the company is currently working on marketing campaigns that will launch in the next few months.
El Batal Group was established in 2002 and has numerous projects in several neighbourhoods such as Sheraton in Heliopolis, as well as new residential compounds such as Rock Eden in 6th of October City, Rock Elite and Rock Vera in New Cairo.