Apartments 200m for sale in Capital Heights New Capital

Apartment 3 Bedrooms for Sale in Capital Heights - New Capital

3    3
Reference: GB62592
EGP 3,033,000
Category:
Apartments / Sale
Type:
Flat
Price:
EGP 3,033,000 Installment
Price / Sqm:
EGP 15,165 Per Sqm
Finishing Status:
Core & Shell
Area:
200 M2
No of Floors:
Bedrooms:
3
Bathrooms:
3
Year Built:
3
Allowable height:
Last Updated:
Wed 10 May 2023

Capital Heights is a new development in Cairo, Egypt, built to be the New Capital of the country. The project, which began in 2019, is expected to be completed by 2022 and is estimated to cost around $45 billion. The New Capital is planned to be a modern, green city that will house up to five million people.

The project is being funded by the Egyptian government and is being developed by Capital City Partners, a consortium of international investors. The city will feature a variety of amenities including schools, universities, hospitals, shopping malls, and recreational facilities. The city will also feature a light rail system, a metro system, and a bus system for transportation.

The New Capital is designed to reduce congestion in Cairo and to provide a cleaner, more efficient environment for its citizens. It is also intended to create jobs and attract investment from abroad. The city is expected to create up to one million jobs and will be an important hub for international business and finance.

The project has been met with mixed reactions from the public, with some praising its potential to reduce congestion and create jobs, while others are concerned about the environmental impact of the project. The government has pledged to use sustainable technologies and to protect the environment, but some critics remain skeptical.

Only time will tell if the New Capital of Egypt will be a success or a failure, but it is sure to have a major impact on the future of the country.