Apartments 179m for sale in Scene 7 New Capital

Apartment 2 Bedrooms for Sale in Scene 7 - New Capital

2    3
Reference: GB58069
EGP 5,200,000
Category:
Apartments / Sale
Type:
Flat+Garden
Price:
EGP 5,200,000 Installment
Price / Sqm:
EGP 29,050 Per Sqm
Finishing Status:
Semi Finished
Area:
179 M2
No of Floors:
Bedrooms:
2
Bathrooms:
3
View:
Land Scape
Delivery Date:
2024
Allowable height:
Last Updated:
Mon 22 May 2023

Scene 7 New Capital Egypt is a new city being built in the desert outside of Cairo, Egypt. The project is part of a larger plan to create a new administrative capital for the country, and is being developed by the Egyptian government in partnership with a consortium of international investors. The project is expected to cost around $45 billion, and is expected to be completed in 2022.

The new city will be located around 45 kilometers east of Cairo, and will cover an area of 700 square kilometers. It will include a new airport, a business district, residential areas, a theme park, and a medical city. The city is expected to house 6.5 million people, and will be home to a number of government ministries, including the Ministry of Finance, the Ministry of Justice, and the Ministry of Education.

The project is expected to create hundreds of thousands of jobs, and to bring in billions of dollars in foreign investment. It is also expected to help reduce traffic congestion in Cairo, and to provide a more modern infrastructure for the country.

The project has been met with some criticism, however, as some have questioned the cost of the project and its environmental impact. Nevertheless, the project has been widely praised by the Egyptian government, which sees it as an important step in the country’s economic development.