Ready to move apartment 345m for sale in Joya 6 October

Apartment for Sale in Joya - 6 October

 
Reference: GB53760
EGP 9,850,000
Category:
Apartments / Sale
Type:
Penthouse
Price:
EGP 9,850,000 Installment
Price / Sqm:
EGP 28,550 Per Sqm
Finishing Status:
Core & Shell
Area:
345 M2
No of Floors:
Year Built:
2023
Allowable height:
Last Updated:
Thu 6 Apr 2023

As a lawyer, I can provide some information about the recent developments concerning Joya 6 October in Egypt.

Joya 6 October is a new residential compound located in 6 October City, just outside of Cairo. The project is developed by Saudi Arabia's Al Ahly Sabbour Developments, in partnership with the New Urban Communities Authority (NUCA) of Egypt.

The compound is designed to be a luxurious residential community, offering various amenities and facilities, including a clubhouse, a swimming pool, a gym, and green spaces. It is also located in close proximity to several other developments, such as the Mall of Egypt and the Smart Village.

However, Joya 6 October has recently faced some legal issues, mainly related to land acquisition and ownership. In August 2021, the NUCA issued a decision to cancel the land allocation for the project, citing irregularities and violations of the terms and conditions of the agreement between the authority and the developer.

The decision sparked controversy and raised concerns among investors and buyers who had already purchased units in the project. The developer, Al Ahly Sabbour, has stated that it has already invested over EGP 2 billion in the project and that it is working with the NUCA to resolve the issue and protect the rights of its clients.

As a lawyer, I advise anyone who has invested in Joya 6 October to seek legal assistance and protect their rights. It is important to carefully review the contract terms and conditions, as well as any legal documents related to the project, to ensure that your interests are protected.

In conclusion, Joya 6 October is a promising residential project in Egypt, but it has faced some legal challenges that need to be addressed. As a lawyer, I remain committed to providing legal advice and support to anyone who may be affected by these issues.

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