OUD Launches Jnoub in New Capital

OUD Launches Jnoub in New Capital

Orientals for Urban Development (OUD) has launched the first phase of Jnoub, its first project in the New Administrative Capital, Invest-Gate reports.

The company contracted with 250 clients, with total sales of EGP 600 mn, on the first day of launching the project, Mohamed Mohamed Farid Khamis, owner and CEO of OUD, said in a statement.

Jnoub is distinguished by the big green and water spaces, with a plan to build 23 buildings only in the project.

Khamis also said, “We were keen on providing the project with the latest modern and innovative trends, coming line with the company’s strategy to build an integrated urban community,” adding that “Jnoub will include commercial, entertainment, sports, and medical facilities.”

“The project will also be free of internal roads and surrounded by one ring road, while residents will be provided with electric golf carts,” he has shown.

Located in the R7 residential neighborhood, very close to the New Capital Airport, Jnoub will encompass 1,862 units, including 88 villas with various areas ranging between 120 and 305 square meters.  

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