Al Madina Al Monawara for Real Estate Investment will deliver the final phase of its 18-acre project in 6th of October City in 2017, Al Mal reported on Sunday.
The company has completed all construction on the development’s last phase, includes 15 residential buildings, for a total of 43 buildings and 255 units, with floorplans ranging from 135 to 155 square meters, according to Shehata Mohamed, the company’s chairman. Unit prices range between EGP 3,250 to EGP 3,500 per square meter, Mohamed added.
The company is also working to build a mall on an area of 4,500 square meters in the Haya compound in New Cairo, and has completed the residential component of the development on an area of 43,000 square meters.