In order to succeed in your commercial project whether it’s a company, medical clinic, or store, you should choose the right location for it, to be in the middle of a huge number of customers who are interested in your product or service and willing to pay for it. Your choice of the project’s location depends on several important factors such as:
- The proximity to residential areas
- Availability of services
- State of utilities in the region (water, electricity and natural gas)
- The security and social situation of the area
- The area’s proximity to roads, main streets, squares, and transportation lines
All these factors and more can be found in New Cairo; The new city which overlooks several major roads such as the Ring Road and the Cairo-Suez Desert Road, and is also close to the old and new capitals in Cairo and the New Administrative Capital.
New Cairo … a civilized city with a good division
New Cairo was designed to be a brand new face of modern life in Egypt after Cairo got overcrowded with population, and accordingly, the government started thinking of third-generation cities, like New Cairo, to be built on the outskirts of the Capital, away from the congestion.
New Cairo is featured with its large space that is divided into multiple well known cities, such as: The 5th Settlement, The Third Settlement, The First Settlement, Al-Rehab, Madinaty and other cities and neighborhoods that compete in the advantages of high-end standards.
The Fifth Settlement is considered an important commercial center, as it includes many important commercial areas, at the top of them comes the 90th Street. The area also hosts many medium and large companies, bank branches and projects. The residents and workers in the Fifth Settlement are important customers for any commercial project.
In order to guarantee a place in the competition, you can choose from several major commercial projects in the city, such as:
1. Cairo Festival City
Cairo Festival City is a huge commercial and administrative project executed by Al-Futtaim Group Real Estate (UAE) development. This mall is located east of the ring road in New Cairo, Egypt, and north of 90 St. It comprises residential villas, apartments, business districts, a shopping mall, international schools, automotive parks, and office spaces. It’s currently the biggest shopping mall in New Cairo.
In recent years, the mall has turned to be the first destination for Cairo-based shopping and outdoor lovers.
Advantages and services of the Cairo Festival City project
Cairo Festival City Mall is a regional shopping center located in the heart of the Cairo Festival City.
The mall stretches over 158,000 square meters that come on three levels, anchored by furniture flagship store IKEA, hypermarket Carrefour, and four department stores (Debenhams, H&M, Marks & Spencer and ZARA).
The mall has a village area and some 35 restaurants surrounding a water fountain and an amphitheater.
There is a large amusement park (KidZania) in the mall that attracts families who have children.
The mall overlooks a large parking for cars and the project’s maintenance, security and guard services are supervised by major companies.
Features of Units and payment plans
The units available in the mall vary between luxurious offices designed with the highest international standards for comfort and construction, and unit spaces start from 90 square meters.
The company offers various and easy plans to pay the unit price over several years, you can pay only 10% down payment and the rest with payment facilities of up to 5 years.
Project evaluation according to Aqarmap
- Luxury: 10
- Design: 9
- Location: 10
- Price: 7
Pick your unit in Cairo Festival City
2. The Water Way
The Waterway is one of the distinguished projects of Idea Verde project company. It offers the discerning investor an exciting array of residential and commercial opportunities, including spacious modern apartments, and appealing retail and office spaces.
Project Location
The Waterway project is located in the Northern Investors area in New Cairo, a few minutes away from 90th Street; The most important streets of the Fifth Settlement. The compound is close to the Wadi Degla residential project and the Banafsaj area. This ensures a large number of customers for your project or store.
The Waterway is a thoughtfully designed mixed-use development within close proximity of all necessary services and amenities. As the name implies, the Project incorporates the soothing presence of water throughout the public spaces of the grounds, providing a pleasing theme to the entire landscape.
Services of the Waterway project and luxuries it provides
- Private parking and garages
- 24/7 Security and guardians at the highest level, around the clock
- Maintenance, cleaning and civil coordination services
- Central air-conditioning.
- Industrial lakes.
- Parks and places for jogging and walking.
- Project evaluation levels
*Project evaluation according to Aqarmap
- Luxury: 9
- Design: 10
- Location: 8
- Price: 8
Select YOUR UNIT IN THE WATERWAY
3. The Ledge project
The Ledge is one of the most important integrated projects inside Akoya Compound on Fifth Settlement; it is not only an entertainment project that includes commercial units, restaurants and cafes, it provides medical and administrative units as well.
Akoya Compound delivered 3 projects, including residential and commercial ones, namely:Hayati Residence, a 24-acre residential project near Al Rehab, Living Yards, Akoya Compound.
The Ledge location
The Ledge is located at the heart of New Cairo, just 3km away from the AUC campus. It is strategically positioned at the corners of the entrance of Akoya Compound a residential compound that families live in today.
What’s unique about The Ledge is its proximity to upper scale compounds such as: Kattameya Gardens & Kattameya Dunes, and its access to bustling landmarks such as Gateway School & AUC.
Stages of building the The Ledge
The project includes two phases, so far the first phase of it, which includes 3 floors, has concluded, each of them come with different features.
- The ground floor includes the commercial shops
- The first floor (after the ground floor) includes medical services such as clinics and pharmacies.
- The second floor is built for administrative units.
Area of The Ledge and its unit types
The project’s total area is 2,474 square meters, divided into three floors. The ground floor area is 755 square meters, the first-floor area is 882 square meters, and the second-floor area is 882 square meters.
The investment units in the Ledge:
- Office
- Double office.
- Clinic
- Double clinic.
Payment and payment plans
You can reserve your unit by paying a 15% down payment and paying the rest in installments over 5 years, with the units delivered to the owners after two and a half years from the signing of the contract (or two and a half years from 2020).
Project evaluation according to Aqarmap
- Luxury: 8
- Design: 10
- Location: 7
- Price: 10
* This rate out of 10
The post Best 3 Investment opportunities in New Cairo .. Distinguished malls and projects appeared first on Aqarmap Blog.
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