Cairo Capital Developments intends to launch Lake West 2 project in New Sheikh Zayed City in the coming period on 15 acres.
Chairman of Cairo Capital Developments Yasser Khalaf said that launching the project is an investment in the success achieved by the company in its Lake West project in New Sheikh Zayed, added that this area is distinguished by its strategic location near vital educational, medical and recreational services. It is only about 5 minutes away from all fundamental service centers and places.
Khalaf noted that the company plans to launch the new project before the end of this year, elaborated, “The project will be distinguished in all its details, starting from its site, design and various unit’s spaces, as well as easy payment plans that suit the target customers.”
He explained that the company seeks to have an architectural footprint in west Cairo region through the current Lake West compound and the new project.
He further pointed out that the new project built up area reaches 15%, and the rest will be green spaces that enable client to enjoy luxury and green spaces. Accordingly, the company intends to develop projects that achieve customer’s goals in comfort and quietness.
With regard to Lake West project, Khalaf elaborated that the company has completed 60% of constructions of the first phase and it is scheduled to be completed in first quarter of 2022, added that constructions of the second phase will begin in the beginning of next year.
The Lake West project, which covers 43 feddan, is located in New Sheikh Zayed City on the Waslat-Dahshur Road, and enjoys many surrounding services. The company is developing the project with investments worth EGP 1.2bn, which is self-financed and it is planned to be delivered within 3 years.
The company also offers payment plans starting from 0% down-payment and installments up to 8 years, which are competitive systems offered by the company to its customers and commensurate with their purchasing power with units’ spaces range between 256 and 385 sqm, in addition to 12 commercial units.
Cairo Capital Developments has a specific strategy in adhering to delivery dates of the Lake West project in parallel with its expansion plan in real estate market besides seizing available investment opportunities that fit with the company’s strategic plan and attain its investment ambitions.
