Housing and Development Bank has opened a new branch in the “Golf Residence” one of Beta Egypt for Urban Development projects in October Gardens, Invest-Gate reports.
Alaa Fekry, Beta Egypt Chairperson, confirms that the cooperation with the Housing and Development Bank aims to serve the residents of October Gardens by one of the largest banks, especially with the high occupancy rate in the October Gardens area.
He further elaborates that the “Golf Corner Mall” project consists of three buildings on an area of 6,000 sqm; the first building is where the Housing and Development Bank branch will be at, plus “Golf Corner 2” and Golf Corner 3 “, according to a company statement on Feburay 1.
Beta Egypt Chairperson also adds, ” We chose Golf Mall Corner because it is one of the distinguished projects with a distinctive location in October Gardens.” “Golf Corner 1” includes several various services, such as a center for 10 ATMs, the largest gym in the area, a pharmacy, cafes, restaurants, and a beauty center, he underlines.
Furthermore, he points out that, the mall will serve all visitors and citizens of the October Gardens. It spans over an area of 5,000 sqm, with a total investment of EGP 200mn. It provides services to more than 50 residential compounds.
While “Golf Corner 2” and Golf Corner 3 “are two commercial and administrative buildings that include commercial and administrative spaces, which are scheduled to open during the current and next year.
The inauguration was attended by Tariq Maghazi, Managing Director of Financial and Administrative Affairs at Beta Egypt for Urban Development, and several company leaders. The Golf Residence project, extends over an area of 22 acres, a full-service residential project, and includes residential units of various sizes, fully operational and delivered.