Egypt’s real estate developer Misr Italia is launching its first residential compound in the New Administrative Capital, Invest-Gate reports.

The 200-feddan IL BOSCO comprises two-,three-, and four-bedroom apartments with areas varying between 125 and 210 square meters, sources at Misr Italia told Invest-Gate.

The project will also feature four-bedroom twin houses with areas of 254 square meters as well as standalone villas.

Located along the Mohamed Bin Zayed St. and overlooking the Green River, the residential compound will also boast a commercial area, sports club, and central park.

Prices start at EGP 9,000 per square meter for apartments, and EGP 3.9 mn for twin houses and standalone villas, sources added.

Clients are offered either a seven- or a nine-year payment plan, with a 10% down payment.

The project is scheduled for delivery in four years.