Retail 80m for sale in Haven Business Tower New Capital

Shop for Sale in Haven Business Tower - New Capital

 
Reference: GB116820
EGP 6,000,000
Category:
Shops / Sale
Price:
EGP 6,000,000 Installment
Price / Sqm:
EGP 75,000 Per Sqm
Store Type:
Other
Finishing Status:
Core & Shell
Area:
80 M2
No of Floors:
Delivery Date:
2026
Allowable height:
Last Updated:
Thu 18 May 2023

As a lawyer, I would like to discuss the legal considerations associated with the development of the Haven Business Tower by EGICS development in the New Administrative Capital of Egypt. The Haven Business Tower is a large-scale mixed-use development that contains commercial and residential properties, offering a unique and productive work environment.

Obtaining necessary approvals and permits from relevant authorities in Egypt is perhaps the most significant legal consideration. Integrated development, construction, and operational practices require that the developers secure appropriate permissions from the New Urban Communities Authority and the Ministry of Housing, Utilities, and Urban Communities to commence the development process. Construction permits, permits for sewage and wastewater, as well as environmental and pollution control permits are important considerations that demand attention.

Worker safety is another critical legal consideration during construction, with the developers expected to provide adequate safety equipment, training, and protection to workers on-site. Adherence to labor laws and other health and safety regulations is a legal obligation, and the developers risk being liable for accidents, injuries, and other legal complications that may result from non-compliance.

During the operational phase, documentation of legal arrangements, including leasing and property management agreements, becomes of paramount importance. Compliance with pertinent regulations related to environmental protection, tenant protection, and labor law constitute other legal obligations that must be upheld. Provision of a safe and habitable environment for residents and visitors using the development facilities, including adequate security measures, is a legal obligation.

Proper measures must be taken to prevent the unauthorized use of copyrighted material or trademarks used in the development. To this end, intellectual property considerations, including branding, logos, and copyrighted material, must be carefully documented and protected against unauthorized use. The development must also be legally sound, and all disputes arising between the developer and tenants must be resolvable through established administrative channels.

In conclusion, the Haven Business Tower in the New Administrative Capital of Egypt is a significant investment that requires careful legal oversight at all stages of development and operation. Adherence to relevant laws and regulations throughout the development, construction, and operational stages is essential to the project's success. Compliance with relevant agreements between stakeholders, including tenants, employees, and workers, and trademark and copyright protection measures, is also necessary. Overall, the adoption of these legal considerations promises to make the Haven Business Tower a highly productive and sustainable development in the New Administrative Capital of Egypt.

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