Apartment 194m for sale in Talah New Capital

2 Bedrooms Apartment for Sale in Talah New Capital

2    2
Reference: GB38253
EGP 6,767,000
Category:
Apartments / Sale
Price:
EGP 6,767,000 Installment
Price / Sqm:
EGP 34,881 Per Sqm
Finishing Status:
Super Lux
Area:
194 M2
No of Floors:
Bedrooms:
2
Bathrooms:
2
Delivery Date:
2026
Allowable height:
Last Updated:
Mon 22 May 2023

Talah New Capital, also known as Al-Rabwa or Neue Hauptstadt Ägyptens, is a new city currently under construction in Egypt. The city will serve as the country's administrative capital and is located approximately 45 km east of Cairo, on the Cairo-Suez road.

The development of Talah New Capital began in 2015, and it is being constructed by the Egyptian government in cooperation with private developers. The project aims to relieve overcrowding in Cairo, as well as to stimulate economic growth and attract foreign investment to Egypt.

Talah New Capital is being built on a vast plot of land that spans over 700 square kilometers. The city is planned to have a population of approximately 6.5 million inhabitants, and it will serve as the administrative and financial center of Egypt.

The project is being divided into four phases, with each phase estimated to take between five to seven years to complete. The first phase, which is currently underway, includes the construction of several government buildings, hospitals, schools, and residential units.

One of the most notable features of Talah New Capital is its sustainability efforts. The city is being designed to be eco-friendly, with a focus on energy efficiency and the use of renewable resources. For example, the buildings will be constructed using sustainable materials, and the city's transportation system will rely heavily on electric vehicles.

Talah New Capital will also have a modern transportation network, including a 160 km/h electric train that will connect the city to other urban areas in Egypt. The city will also have a network of cycling and pedestrian paths, as well as a bus rapid transit system.

The government is investing in the development of Talah New Capital, with the goal of attracting foreign investment and creating employment opportunities. The city is expected to generate more than one million job opportunities in various sectors, including construction, tourism, and services.

In conclusion, Talah New Capital is a massive project that aims to solve some of Egypt's most pressing issues, including a severe housing shortage and inefficiencies in the infrastructure. Upon completion, the city will serve as a symbol of Egypt's ambitious plans for sustainable urban development and will help propel the country into the future.