EGP 5,775,750
Office for Sale in Avalon Mall - New Capital By Invest Well - Delivery Year 2023
As a lawyer, I would like to offer my insights regarding the new development project called Avalon Mall in New Capital, Egypt.
The Avalon Mall is set to be one of the largest commercial and entertainment centers in the New Capital. It is a joint venture between Wadi Degla Developments and Misr Italia Properties, two reputable real estate developers in Egypt. The project aims to create an iconic destination that caters to the growing demand for entertainment, shopping, and lifestyle options in the rapidly developing New Capital.
The mall will offer a wide range of amenities, including over 400 shops, seven anchor stores, a hypermarket, a cinema complex, a bowling alley, a family entertainment center, and various food and beverage outlets.
From a legal perspective, the developers must ensure that the project complies with all applicable laws and regulations in the country. This includes obtaining the necessary permits and licenses for the construction and operation of the mall. They must also ensure that the project meets all the required safety and environmental standards.
Moreover, the developers should also address any potential legal risks such as disputes with contractors or suppliers, breaches of contracts, and conflicts with neighboring properties or communities. This requires careful planning and risk management, as well as a proactive approach to addressing potential legal issues that may arise during the construction or operation of the mall.
In terms of consumer protection, the developers must also adhere to the applicable consumer protection laws in Egypt. This includes ensuring that all products and services provided by the mall are safe and in compliance with quality standards. The mall should also have clear policies and procedures for handling customer complaints and disputes.
Overall, the Avalon Mall project in New Capital, Egypt, is an exciting development that promises to bring new opportunities for entertainment, shopping, and lifestyle options for the community. As a lawyer, my role would be to ensure that the project complies with all legal requirements and mitigates any potential legal risks that may arise during the development and operation of the mall.
Avalon Mall It is considered one of the most prominent and important commercial malls in the administrative capital, established by the ASETs company, and is characterized by an impressive design in the most vital areas. It is one of the most important malls established by W Assets Development to be a unique commercial mall in the most prestigious residential and lively areas of the Administrative Capital. It dazzled the world with its distinguished architectural design and brilliant services that go along with the investment leap planned by the Arab Republic of Egypt.
Invest Well W Assets Development is the executor of Avalon New Capital City Mall project, founded by the famous businessman Moataz Abdel Shafi, the owner of a brilliant name in the real estate world, and a major member of (Catalyst Real Estate). It dazzled the world with what is presented in cooperation with Mr. Ashraf Mansour - CEO of the company - and partnered with (Distant Studio) to produce the mega mall (Avalon), launching to the world more than three hundred projects in Egypt and the Arab countries such as Saudi Arabia, Oman, Dubai, and Qatar.