EGP 3,000,000
Apartment 3 Bedrooms for Sale in Narges - New Cairo
Mostakbal City is a new residential project located in the Cairo suburb of Il Bosco, Egypt. It is a part of the new urban development plan for the Greater Cairo Metropolitan Area (GCMA). The project is being developed by the Mostakbal City Real Estate Development Company, which is a joint venture between the Egyptian government and the private sector.
The project is designed to be a fully integrated city, with a mix of residential, commercial, and recreational facilities. It is planned to have a total of 40,000 housing units, of which 20,000 will be for sale and the remaining 20,000 will be for rent. The project will also include a variety of amenities such as schools, hospitals, shopping malls, parks, and other services.
Mostakbal City is a part of the larger plan to develop the GCMA and make it a more attractive area for both residents and businesses. The project is expected to create thousands of jobs, as well as provide housing for those who cannot afford to buy in the more expensive parts of Cairo. It is also expected to help reduce traffic congestion in the area by providing additional transportation options.
The project is scheduled to be completed by 2023 and is expected to cost around $2.5 billion. It is expected to be a major boost to the local economy, as it will attract more investment and create more jobs. It is also expected to help reduce pollution in the area, as it will be built with green technologies and energy-efficient materials.
Overall, Mostakbal City is an ambitious project that is expected to bring a lot of benefits to the people of Il Bosco and the surrounding area. It is hoped that it will help to improve the quality of life for those living in the area and create a more vibrant and prosperous community.