Fully finished administrative offices 121m for sale in 31 North Tower New Capital

Office for Sale in 31 North Tower - New Capital

 
Reference: GB113976
EGP 10,285,000
Category:
Offices / Sale
Price:
EGP 10,285,000 Installment
Price / Sqm:
EGP 85,000 Per Sqm
Finishing Status:
Super Lux
Area:
121 M2
Floor No.:
13
No of Floors:
Delivery Date:
2025
Allowable height:
Last Updated:
Thu 4 May 2023

31 North Tower is a new residential real estate development project by Nile Developments in New Capital, Egypt. As with any real estate development project, there are a number of legal considerations that must be taken into account.

One of the most important legal considerations in real estate development is compliance with local laws and regulations. Developers must obtain necessary permits and approvals, and ensure that the project is built in accordance with the plans and specifications. This includes compliance with building codes, zoning regulations, and environmental regulations.

In addition to compliance issues, developers of residential real estate must also address legal issues related to the sale or lease of the residential units. This includes drafting and negotiating lease or purchase contracts and addressing any disputes that arise.

Legal considerations also extend to the financing of the project. Developers must negotiate loan agreements and ensure compliance with securities laws, and must be aware of potential conflicts of interest that may arise.

Construction legal issues can also present challenges for developers. Issues with subcontractors and contractors can lead to delays and added expense. Developers must take steps to mitigate potential risks and work to resolve any disputes as quickly and effectively as possible.

Finally, marketing legal issues must be addressed, such as ensuring that all promotional materials and disclosures meet legal standards.

Overall, the success of the 31 North Tower project will depend on careful consideration of a wide range of legal issues throughout the development cycle. This requires the guidance and expertise of experienced legal professionals who can help developers navigate the complexities of real estate development law and mitigate potential risks. By working closely with legal counsel, developers can ensure that their project is completed on time, within budget, and in compliance with all applicable laws and regulations.

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