Mastro project, owned by Marota Developments, has attracted attention of a large number of celebrities and art stars, the last of whom is the star Mustafa Qamar.
Oamar expressed his great admiration for the project, added that it is situated in a privileged location in Downtown area at the New Administrative Capital, and is located in the promenade and entertainment area in front of Almasa Hotel directly and near the Green River.
He noted that the company’s contract with a number of senior consultants ensures the excellence of the project and its development in accordance with the highest quality standards.
Additionally, the company has contracted with Sabbour Consulting as an engineering supervisor for the project construction phases and Raef Fahmi Architects as a general consultant.
Tarek Khalil and Ayman Al-Ghafir, owners and founders of Marota Developments, stated that the Mastro mall is completely commercial building on a total area of 5,250 sqm with investments close to EGP 800m.
Khalil stated, “Mastro mall has succeeded in achieving the difficult equation in the New Administrative Capital’s market. Moreover, the project is witnessing a remarkable demand for its units due to its promising investment advantages that achieve the highest investment returns for clients during the coming period.”
He noted that buying properties in New Capital is currently the best time to take advantage of the current prices, which will not last long, which are expected to spike with the beginning of the new year, especially with the plans to transfer government agencies to its new headquarters in the New Capital.
For his part, Ayman Al-Ghafir said that investment in the New Capital has become more attractive to Arab and non-Egyptian investors in light of construction boom that has been achieved on the ground within a short period.
Al-Ghafir pointed out that commercial properties are the best investment in the New Capital and achieve the highest investment returns compared to residential and administrative properties.
He expected an increase in demand in the new city in the coming period, in conjunction with rapid developments in the New Capital, in addition to the start of operating transportation network and new openings that will take place in the city in the coming period.
Marota Developments is a partnership between Egyptian businessman Tarek Khalil and Syrian businessman Ayman Al-Ghafir.
Tarek Khalil is an Egyptian businessman with a great deal of experience and long practical experience since 2004 in the management of commercial malls and real estate investment in the Egyptian market, as well as his experiences in fields of import and export. Ayman Al-Ghafir is a Syrian businessman and a fan of Egypt. He has many successful experiences in the field of business management in its various sectors in Egypt and Syria.
