In this article, we are going to talk about Town Gate Compound New capital; as you are provided with considerable pieces of information about compound’s privileges, units’ characteristics, and methods of payment.
Before we talk about the compound, here are some significant characteristics of New Administrative Capital where the compound is located.
About New Administrative Capital
New Capital is advantaged by its wide streets; as street width reaches 120m.
New Administrative Capital is going to be linked with the neighboring cities and the heart of Cairo by a big transportation network.
A huge international airport has been also established in an area of 33 KM2.
New Capital’s layout has been simulated from international capitals, with European style, and affluent residential areas of Downtown like:” Qasr Al Nil, Masr Al Jadidah, and Garden City”. Thus, the new capital is tended to combine between originality of history and modern innovative designs.
New Administrative Capital also includes Capital Park; the biggest central park around the world.
Brief information about the compound’s real estate developer
Smart View Co. for Real Estate Development is Town Gate New Capital project’s owning company. This company has been entitled, since its establishment in 1999, by accuracy, innovation, and the successful planning of all of its projects.
The company, for the establishment of Town Gate Compound, has cooperated with Dar El Tamauz for real estate investment and contracting; one of major companies in the Egyptian real estate market.
Some of major projects executed by Smart View for investment and real estate development are:
- Air Force House
- Tajan Azharian Language institute in first Settlement
- A group of villas in First Settlement and Fifth Settlement
- Didi Mall in First Settlement
Smart View for investment and real estate development has retained the service of EGEC company ; a leading company in the field of engineering consulting.
The company has an experience of more than 30 years since its establishment in 1986 till now. During this long march, the company has executed a number of successful projects in Egypt, most significant among which are:
- Porto New Cairo
- Madinaty
- Up Town Cairo
- Swan Lake el Gouna
Area of Town Gate Compound
Town Gate Compound is considered one of New Capital’s most privileged compounds. It has been established on an area of 21 acres; only 20% of it is allocated for buildings to include 29 buildings.
The rest of area has been assigned for services, green areas, and water bodies.
Privileges of Town Gate Compound location
The compound is located in The Seventh District R7 Area 12; one of New Capital’s most affluent districts.
Moreover, it’s near to The Eighth Residential District where Anakaji Compound is located; which is one of most advantaged projects in the new capital.
It’s also near to Embassies District, one of New Capital’s most important districts, Expo City, and the central axis. The compound is surrounded by main streets from all directions.
The compound is minutes away from Al Fatah Al Aleem Mosque, largest mosque in the middles east, the Cathedral, and famous Al Massa Hotel.
Town Gate Compound privileges
The compound is distinguished by numerous privileges; among them:
- The compound includes a shopping mall at the highest level including famous stores for most luxurious international brands
- Crystal Lagoons all over the compound
- Swimming pools with different sizes distributed in a balanced way all over the compound
- The availability of privileged services like wide green areas spread in the whole compound
- An area of cafes and international restaurants for those who love going out and walking with their families and friends
- A sporting club including a various group of playgrounds for most of the sports
- The compound uses a solar energy system
- Private garages under each building
- Each building has 2 elevators for avoiding congestion
- A mosque
- 24-hour security guards and monitoring cameras installed all over the compound
- The compound affords health care services in terms of various group of clinics and pharmacies
- A number of areas are allocated for nurseries and ” playground” for kids
Units’ sizes, prices, and methods of payment
Town Gate Compound New Capital affords a various group of units: “apartments, separated villas, townhouses, twin houses”.
Available sizes start from 126 M2 to 360 M2
Meter price in Town Gate Compound starts from EGP8,800 to EGP 10,000
For unit’s price, it starts from EGP 1,320,000
Methods of payment
Town Gate project affords easy methods of payment, among them: installments up to 10 years without a deposit. Other methods for payment are also available, from which you can choose what suits your budget.
Note of the fact that units in Town Gate Compound are planned to be delivered half-finished, and the whole project is planned to be delivered in 2022.
*It’s worth mentioning that prices named above are changeable. We, in Aqarmap, are continually keen on updating prices list of districts, for keeping the client informed with the latest updates in real estate market, in addition to measuring demand indicators though Aqarmap Index.
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