Eng. Shady Mahmoud, marketing director of Arabisk Real Estate Development Company, said that the company aims to complete the first proposal of the first phase of the Al-Kazar project in Al-Watan House in New Cairo by 80% during the first quarter of this year, as the company aims to achieve sales estimated at 40 million pounds from the first proposal.
Engineer Shady added that the company is keen in carrying out this project to rely on a set of standards and not specifications for finishing only, foremost of which is the standard of security, control and privacy. The project depends in its implementation on the English-language model in addition to Smart Home and the entire land units. In this merger, the heritage of the future is achieved with the latest technology standard, where the Alcazar project is the first project of NorNord House in the Beit area of the new Cairo region, which depends on full control of the Kampond and the real estate units, where the Alcazar project is distinguished from other projects The project is based not only on concrete blocks, but on housing that provides safety, protection, privacy and luxury.
The project in the first phase includes 3 buildings, with areas ranging between 138 square meters to 162 square meters, at a price of a meter that starts at 8 thousand pounds for a half-finished meter, and starts at 12 thousand pounds for the complete finishing of units, and the company offers several payment methods that are appropriate for all customers, where these systems depend on The ease of procedures and payment methods up to 5 and 6 years, in addition to a advance starting from 10%, explaining that each building consists of floor houses and 3 repeat roles in addition to the shelves.
He continued: The safety standard is applied to all the contents of the project and residential units, where the main doors of the units have armored doors and an audio intercom device.
Eng. Shady confirmed that the real estate market is witnessing an increase in prices during the coming period, especially after the government moves to the new administrative capital, stressing that the supply in the real estate sector is currently more than required.