Banafseg 2 is a new residential development located in New Cairo, Egypt. The project is being developed by a joint venture between the Egyptian Ministry of Housing, the Arab Contractors, and the International Finance Corporation. The project is intended to provide affordable housing for low and middle-income families in the area.

The project is located in the heart of New Cairo, near the Cairo International Airport and the Cairo-Suez Expressway. It is also close to the city’s major shopping centers and other amenities. The development is expected to provide housing for up to 20,000 people.

The project will feature a variety of housing types, including single-family homes, townhouses, and apartments. All of the housing options will be designed to meet the needs of the local population. The project will also feature a variety of amenities, including parks, swimming pools, and playgrounds.

The project is expected to be completed by 2021. It is expected to provide much-needed affordable housing in the area and to help alleviate the housing shortage in New Cairo. The project is also expected to create jobs and stimulate economic growth in the area.