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Apartment 75m for sale in Monorail Tower New Capital

 
Reference: GB 99602
EGP 2,496,000
MLS Realty
+201200070979
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EGP 2,496,000


Apartment 75m for sale in Monorail Tower New Capital

Reference:
GB 99602
Price:
EGP 2,496,000 Installment
Price / Sqm:
EGP 33,280 Per Sqm
Finishing Status:
Super Lux
Area:
75 sqm
Delivery In:
2026
Listed:
Mon 22 May 2023
About Monorail Tower New Capital

Apartment for Sale in Monorail Tower - New Capital By ERG - Delivery Year 2026

The Monorail Tower in the New Capital of Egypt is a landmark project that promises to deliver a high-tech, efficient and sustainable public transport system to the residents of the New Capital. The project, which is being implemented by the Egyptian National Railways (ENR) in collaboration with a Japanese consortium comprising Mitsubishi Corporation, Orascom Construction and Hitachi, will feature a 54-kilometer monorail track that will connect the New Capital to Greater Cairo.

The Monorail Tower is a key component of the ENR's ambitious plan to modernize the country's rail network and increase its capacity. The project is expected to significantly reduce traffic congestion and improve connectivity between different parts of the city, enhancing the quality of life of its residents. According to official estimates, the project will be able to accommodate over 45,000 passengers per hour, with a maximum speed of 80 km/h.

The Monorail Tower's design is futuristic, sleek and modern, and reflects the ENR's commitment to delivering a world-class public transport system. The tower will be 72 meters high and will house the monorail's control room, maintenance facilities, and station facilities. The tower will also feature several restaurants and cafes, a shopping mall, and a sky deck that will offer panoramic views of the New Capital and Greater Cairo.

The project has also been designed with sustainability in mind. The monorail will be powered by electricity, which is considered a more environmentally friendly and cost-effective source of energy compared to traditional fuels. Additionally, the monorail's design is aimed at reducing noise and air pollution, by incorporating sound barriers and using advanced air filtration systems.

Construction of the Monorail Tower began in late 2018 and is expected to be completed by 2023. The project has faced several challenges, including the COVID-19 pandemic, which slowed down construction work. Nevertheless, the project is progressing well and is expected to be a significant contributor to the development of the New Capital.

Overall, the Monorail Tower is a significant project that promises to revolutionize public transportation in the New Capital of Egypt. The project's high-tech and sustainable design, along with its capacity to handle large volumes of traffic, will go a long way in improving the quality of life of the city's residents. It is an inspiring example of the possibilities that can be achieved when governments and private sector partners work together towards a common goal.

   
About Project
About Developer

Monorail Tower at the heart of the new administrative capital, downtown the project consists of commercial, medical, administrative and hotel apartments units


ERG EMAR REZK investment was founded in 2005 and considered one of the leading entities in the real estate market especially in North Delta region • EMAR Rezk for investment has been delivered to their owners in cooperation with the housing and development bank • It has also developed 37 stand alone villas

MLS Realty
+201200070979
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