Apartments 266m for sale in Talah New Capital

Apartment 2 Bedrooms for Sale in Talah - New Capital

2    2
Reference: GB99710
EGP 5,842,000
Category:
Apartments / Sale
Price:
EGP 5,842,000 Installment
Price / Sqm:
EGP 21,962 Per Sqm
Finishing Status:
Super Lux
Area:
266 M2
No of Floors:
Bedrooms:
2
Bathrooms:
2
Delivery Date:
2026
Allowable height:
Last Updated:
Mon 22 May 2023

Talah New Capital Egypt is a planned city located in the desert east of Cairo, Egypt. The city is part of a larger development project known as the New Administrative Capital, which is aimed at creating a new capital city for Egypt. The project was announced in 2015 and construction began in 2017.

Talah New Capital Egypt is planned to be a modern and vibrant city that will be home to over 6 million people. It will feature residential, commercial, and business districts, as well as parks, green spaces, and various cultural and entertainment venues. The city will also be home to a new international airport, as well as a new financial district.

The project is being funded by a combination of public and private funds, with the Egyptian government providing the majority of the funding. The project is expected to cost around $45 billion and will be completed in phases over the next 10 years.

The goal of the project is to create a modern city that will provide a better quality of life for Egyptians and attract foreign investment. It is also hoped that the new city will help to reduce congestion in Cairo and create jobs in the region.

The project has been controversial, with some critics arguing that it is too expensive and will not have enough of an impact on the lives of ordinary Egyptians. Others have argued that the project is necessary to help Egypt move forward and create a more modern and prosperous society.