Apartment 75m for sale in Stau New Capital

Apartment 1 Bedrooms for Sale in Stau - New Capital

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Reference: GB72342
EGP 825,000
Category:
Apartments / Sale
Type:
Flat
Price:
EGP 825,000 Installment
Price / Sqm:
EGP 11,000 Per Sqm
Finishing Status:
Semi Finished
Area:
75 M2
No of Floors:
Bedrooms:
1
Bathrooms:
1
Delivery Date:
2026
Allowable height:
Last Updated:
Tue 23 May 2023

Stau New Capital Egypt is an ambitious project that aims to create a new city in the desert outside of Cairo. The project is a joint venture between the Egyptian government and the Chinese firm China Fortune Land Development Co. Ltd. (CFLD). The project plans to create a new city with modern infrastructure, housing, and business districts. It is estimated that the project will cost an estimated $45 billion and cover an area of about 70,000 acres.

The project is part of a larger plan to develop the area around Cairo, which is currently facing overcrowding and a lack of resources. The project is expected to create over 1 million jobs and attract over 5 million people to the area. It is also expected to help reduce pollution in the area by providing renewable energy sources and efficient transportation systems.

The project has already attracted a great deal of attention, both positive and negative. Supporters of the project point to the potential economic benefits it could bring to the area, while opponents are concerned about the environmental impact and potential displacement of local residents.

Regardless of opinions, the project is already underway and is expected to be completed by 2028. The project is expected to transform the area, creating a modern city with world-class infrastructure and amenities. It is hoped that the project will help to create a better future for the people of Egypt.