Capital Link, the investment arm of New Capital Egypt, has announced the launch of a new $50 million compound in the heart of New Administrative Capital, named Kardia.

Kardia is set to be a world-class residential and commercial development, located in the R7 district of New Administrative Capital. The mixed-use development is spread across a land area of 17 acres and is designed to cater to the needs of modern-day living.

The compound features a range of luxury apartments, townhouses, and villas, ranging from one to four bedrooms, each of which is meticulously designed to ensure maximum comfort and convenience. The units will be equipped with state-of-the-art amenities and high-quality fittings and fixtures.

In addition to its residential offerings, Kardia will also have a range of commercial facilities, including shops, restaurants, cafes, and offices. The development will also feature a large green area, jogging tracks, and cycling lanes to promote a healthy lifestyle.

“Kardia is our latest project in New Administrative Capital, which reflects our commitment to offering our clients the very best in luxury living. The development offers a unique opportunity to enjoy the best of both worlds, combining the tranquility of suburban living with the convenience of modern urban amenities,” said Dr. Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities.

Kardia’s strategic location in New Administrative Capital is another key factor that sets it apart. The city spans over 170,000 acres and is rapidly emerging as Egypt’s New Capital. The city is designed to offer a well-connected and sustainable lifestyle, with state-of-the-art infrastructure, excellent transport links, and a range of world-class facilities.

“We are confident that Kardia will set new standards for luxury living in New Administrative Capital. Capital Link is committed to delivering excellence in every aspect of the development, from its design and construction to its facilities and amenities. We believe that Kardia will be a sought-after address for those seeking the finest in modern living,” said Ahmed Basiony, CEO of Capital Link.

Kardia is now open for pre-sales, with delivery expected in 2024. The development is expected to attract local and international buyers, including investors and end-users looking for a premium living experience in New Administrative Capital.