Parklane New Capital is a new residential and commercial development located in the heart of Egypt's New Administrative Capital. The development is a joint venture between Parklane, an international real estate investment firm, and the Egyptian government.

The project is being developed on an area of approximately 1.6 million square meters, making it one of the largest residential and commercial projects in the country. It is located in the heart of the New Administrative Capital, which is being developed as a hub for business, government, and residential activities.

The development will include residential apartments, office buildings, retail stores, and a variety of leisure facilities. It will also feature a variety of green spaces, including parks, gardens, and walkways.

The project is expected to be completed by 2021 and will be home to more than 100,000 people. It will provide a modern, vibrant, and diverse community that will be a major contributor to the economic growth of Egypt.

Parklane New Capital is a major milestone in the development of Egypt's New Administrative Capital. It is expected to create thousands of jobs, attract foreign investment, and help the country become a major regional economic hub. It is also expected to create an attractive and vibrant environment for its residents, businesses, and visitors.