Apartments for sale in Monorail Tower with installments

Apartment for Sale in Monorail Tower - New Capital

 
Reference: GB60629
EGP 5,527,092
Category:
Apartments / Sale
Price:
EGP 5,527,092 Installment
Price / Sqm:
EGP 81,280 Per Sqm
Finishing Status:
Super Lux
Area:
68 M2
No of Floors:
Delivery Date:
2026
Allowable height:
Last Updated:
Mon 22 May 2023

The Monorail Tower in the New Capital of Egypt is a towering structure that serves as the terminal station for the upcoming monorail system that will connect the New Capital with Cairo. The project is part of a larger effort by the Egyptian government to modernize the country's infrastructure and spur economic growth.

The Monorail Tower stands at a height of 69 meters and features a sleek, modern design. It is located in the heart of the New Capital's Central Business District, making it a key hub for transportation and commerce. The tower will serve as the starting point for the monorail system, which will stretch 52 kilometers and feature 11 stations.

The monorail system is expected to provide a faster and more efficient mode of transportation for commuters, reducing travel times between Cairo and the New Capital from over an hour to just 30 minutes. It is also expected to relieve congestion on the existing road network, which has become increasingly strained as the population of the greater Cairo area has grown.

The Monorail Tower is just one of many ambitious infrastructure projects that the Egyptian government has undertaken in recent years. Other notable examples include the expansion of the Suez Canal and the construction of a new administrative capital to supplement Cairo.

Despite these efforts, Egypt still faces significant economic challenges, including high levels of unemployment and a large budget deficit. Nevertheless, the government remains committed to modernizing the country's infrastructure and fostering economic growth.

The Monorail Tower in the New Capital of Egypt is a symbol of this commitment. As the centerpiece of the upcoming monorail system, it will play a critical role in connecting the New Capital with Cairo and promoting greater economic activity in the region. It is a testament to the power of infrastructure investments to spur growth and improve the lives of citizens.

Types