Madinet Nasr for Housing & Development (MNHD) launches the second phase of Clubside, a new project in Taj City in New Cairo, Invest-Gate reports.
The first phase of the project achievds EGP 1 bn in sales. The total investments injected into the two phases amount to EGP 3.6 bn.
With a total built-up area of 131,474 sqm, Clubside comprises five phases; four residential phases in addition to the sports club.
Strategically located at the heart of Taj City, the first 2 phases of Clubside house 830 units in total with approximately 415 units per phase with a unique selection of 80-sqm lofts, apartments ranging in size from 127 to 222 sqm, and duplexes from 160 to 268 sqm.
Abdallah Sallam, President and CEO of MNHD, says: “With the new launch at Clubside, we reiterate our commitment to diversifying our real estate offerings to meet the needs of customers while ensuring top-notch designs and facilities capitalizing on our 64-year-long expertise in the Egyptian market.”
Spreading over 3.5 million sqm, Taj City is a mixed-use development and a remarkable milestone in MNHD’s long journey in the Egyptian market.