Misr Italia announces the launch of two new phases of IL Bosco New Capital, namely; The Park and The Cliff, Invest-Gate reports.

The company announces this during a press conference to celebrate the delivery of the first phase of IL Bosco as it is the first real estate developer in the private sector to deliver the first phase in the New Administrative Capital.

The Park includes 12 buildings equipped with smart technologies such as keyless entry system, facial recognition, Triple Play Technology, motion sensor lights, and others. As for the types of units available at this stage, there are Sky Villa, Garden Villa, and Garden Terrace units. Their areas range from 161 sqm to 315 sqm. The Park also includes two and three-bedroom apartments with areas ranging from 122 sqm to 185 sqm. This phase is expected to be delivered by the end of 2024.

As for The Cliff, it comprises distinctive villas situated away from the residential area, with a higher ground level of 6 meters. The units in this stage vary between townhouses, twin houses, standalone villas, creek villas, and cliff villas. The available areas for villas in the Cliff range from 258 sqm to 638 sqm.

Mohamed Khaled El Assal, CEO and managing director of Misr Italia, says, “Our strategy in Misr Italia is to listen to all clients’ proposals in order to implement them at the earliest opportunity. The Cliff villas are proof of that, as we aim to change the concept of smart buildings and provide the largest villa area in the IL Bosco project through these two phases.”

Misr Italia offers competitive offers that include a down payment of 5% of the unit price, with a payment plan of up to 9 years.