Apartment 287m for sale in Kardia New Capital

4 Bedrooms Apartment for Sale in Kardia New Capital

4    
Reference: GB56926
EGP 5,223,495
Category:
Apartments / Sale
Price:
EGP 5,223,495 Installment
Price / Sqm:
EGP 18,200 Per Sqm
Finishing Status:
Semi Finished
Area:
287 M2
No of Floors:
Bedrooms:
4
View:
Wide View
Delivery Date:
2026
Allowable height:
Last Updated:
Thu 18 May 2023

Kardia New Capital is a proposed new city in Egypt located about 45 kilometers east of Cairo. The project was announced in March 2017 by Egyptian President Abdel Fattah el-Sisi as part of the country's 2030 Vision for development. The project is intended to be a major new economic hub for the country and to alleviate the overcrowding in Cairo.

The project is expected to cost around $45 billion and will cover an area of more than 700 square kilometers. It will include a new international airport, several universities, a technology park, a financial hub, and a large residential area. The project is expected to create over one million jobs and attract around five million people.

Kardia New Capital is expected to be a major contributor to Egypt's economy and to help the country achieve its development goals. The project is also intended to reduce the environmental impact of Cairo, which is one of the world's most polluted cities.

The project is expected to be completed by 2022 and is being funded by both the Egyptian government and private investors. It is hoped that Kardia New Capital will become a model for other developing countries to follow.