iCity 6 October Villas for sale

Villa for Sale in iCity - 6 October

 
Reference: GB35510
EGP 6,495,212
Category:
Villas / Sale
Type:
Stand Alone
Price:
EGP 6,495,212 Installment
Finishing Status:
Semi Finished
Plot Area:
190 M2
No of Floors:
Delivery Date:
2027
Allowable height:
Last Updated:
Thu 11 May 2023

iCity 6 October is a fast-growing Egyptian city located west of Cairo along the banks of the Nile River. It is considered the newest slum in Egypt and the largest informal settlement in the country.

The city was established in the 2000s, when a large influx of workers moved to the area to take advantage of newly created opportunities in the nearby industrial zone. The area quickly grew into a sprawling community of cramped, low-cost housing, attracting hundreds of thousands of Egyptians in search of work and better living standards.

At the time of its establishment, iCity 6 October was home to around 100,000 people, but since then its population has ballooned to over 300,000. It is now one of the most densely populated cities in Egypt, and the majority of its citizens live in poverty.

Despite its challenging living conditions, iCity 6 October has seen rapid development in recent years. An ambitious government project is currently underway to improve infrastructure, create more green spaces, and provide better access to education and healthcare for its residents.

The city also serves as an important economic hub for the region. It is home to numerous factories and businesses that employ many of its residents and contribute to Egypt’s economy. As such, it has become a major destination for job seekers from across the country.

In the future, the government aims to make iCity 6 October into a model of sustainable urban development. If successful, it could serve as an example to other cities in Egypt, showing that even the most disadvantaged neighborhoods can be transformed into vibrant, prosperous communities.