ARDIC for Real Estate Development and Investment launched a new phase of the Zizinia El Mostakbal compound in Mostakbal City in New Cairo in a ceremony held a few days ago in the presence of several marketing companies in the real estate sector.
The new phase includes 300 units of various spaces ranging from 160 to 260 sqm with total investments of about EGP 1bn, located in a distinguished area in the project, the Commercial Sector Manager at ARDIC, Mohamed Fathy, stated in a press statement last Wednesday.
Fathy explained that the new phase has been offered with multiple payment systems to suit a large segment of customers starting with a 5% down payment and a payment plan of 10 years, revealing that the company has received many reservation requests during the ceremony, with expectations to complete the phase’s sale within the coming days.
He pointed out that the company plans to deliver the project in 2020 to be the first delivered compound in Mostakbal City.
The Zizinia El Mostakbal project is located on an area of 70 feddan in Mostakbal City. It includes 1,800 residential units with a 20% built-up area and the rest is allocated for landscape, along with several services including a commercial mall, a medical centre, artificial lakes, a social club, and a mosque.