Apartments for sale in Noor

Apartment 2 Bedrooms for Sale in Noor - New Capital

2    2
Reference: GB36756
EGP 3,360,000
Category:
Apartments / Sale
Type:
Flat+Garden
Price:
EGP 3,360,000 Installment
Price / Sqm:
EGP 27,540 Per Sqm
Finishing Status:
Super Lux
Area:
122 M2
No of Floors:
Bedrooms:
2
Bathrooms:
2
View:
Garden
Price:
EGP 3,360,000
Down Payment:
EGP 545,000
Delivery Date:
2026
Allowable height:
Last Updated:
Mon 22 May 2023

Noor New Capital is a planned city located in the desert of Egypt, approximately 25 kilometers east of Cairo. The city is planned to be a new administrative capital of Egypt, and is expected to accommodate up to five million people. It is being developed by the Chinese state-owned construction company China State Construction Engineering Corporation (CSCEC).

The project was announced in 2017 and is expected to be completed in 2022. The city will feature a new airport, a business district, residential areas, educational institutions, medical facilities, and a range of other services. It will also be home to a new financial district and a technology hub.

Noor New Capital is part of the Egyptian government's plan to develop the country's infrastructure and attract foreign investment. The project is estimated to cost around $45 billion, and is expected to create up to 1.5 million jobs. The city is expected to be a major hub for trade and commerce, and to become a key driver of economic growth in Egypt.

The project has been met with some criticism, as some have argued that it will lead to the displacement of thousands of people and put pressure on the already strained water resources in the region. However, the Egyptian government has argued that the project will bring much-needed economic development to the country.

Noor New Capital is an ambitious project that could have a significant impact on Egypt's economy and development. If successful, it could become a major hub for trade, commerce, and investment in the region.