Mountain View Developments, one of Egypt’s leading real estate developers, has announced the launch of its latest high-end residential compound, iCity 6th of October.
Located in the 6th of October suburb of Cairo, iCity spans 500 acres, comprises 6,000 units, and is designed to cater to a wide range of lifestyles with different unit types and sizes.
Boasting an abundance of greenery, iCity features a host of amenities and facilities spread across 43 acres, including swimming pools, playgrounds, a clubhouse, a theater, a shopping mall, a central park, and a cycling track.
Moreover, iCity offers its residents smart home technology, which allows them to control and monitor their homes remotely via mobile applications, as well as online customer service, which ensures the timely resolution of any maintenance requests or queries.
In line with Mountain View’s commitment to sustainability, iCity boasts a range of eco-friendly features, including solar energy solutions, green roofs, and water-saving technologies.
The development’s launch comes amid an uptick in Egypt’s residential market, which has been driven by favorable government initiatives, including the Central Bank of Egypt’s decision to lower interest rates and the government’s decision to slash the minimum property value eligible for tax from EGP 2 million to EGP 500,000.
With a proven track record of delivering top-quality residential projects across Egypt, Mountain View is well-positioned to capitalize on the growing demand for high-end real estate in the country. The developer has a portfolio of over 22 projects, including Mountain View Ain Sokhna, Mountain View Ras El Hikma, and Mountain View iCity New Cairo, which collectively span over 5.5 million square meters of land.
Overall, iCity 6th of October is set to raise the bar for luxury living in Egypt, and establish itself as one of the country’s most desirable residential destinations.