EGP 8,501,000
Apartment for Sale in Palm Hills New Cairo - New Cairo By Palm Hills
As an attorney in Egypt, I recognize the importance of providing accurate and relevant information about the legal aspects of the Palm Hills New Cairo compound. Palm Hills New Cairo is a luxurious residential community located in the New Cairo district of Cairo, Egypt. The compound offers an exclusive lifestyle to its residents with a wide range of amenities and facilities, including villas and apartments, sports facilities, swimming pools, lush gardens, retail areas, and many more.
From a legal perspective, Palm Hills New Cairo is subject to the regulations of the New Urban Communities Authority (NUCA), which is the government entity responsible for urban planning and development in Egypt. The NUCA regulates all matters related to the development of new urban communities, including land allocation, infrastructure, zoning, and construction codes.
The Egyptian Real Estate Law also applies to any real estate development project in the country, including Palm Hills New Cairo. The law regulates the acquisition and ownership of real estate properties in Egypt. It stipulates that all real estate transactions must be registered with the relevant Real Estate Registration Office and all taxes and fees must be paid.
The ownership structure of Palm Hills New Cairo is quite simple. The community is owned and developed by Palm Hills Development, one of Egypt's leading real estate development companies.
The developers of Palm Hills New Cairo have gone above and beyond to provide exclusive amenities and facilities for their residents. The compound offers a wide range of sporting facilities, such as tennis and basketball courts, football fields, and fitness centers. The community also includes lush gardens, swimming pools, clubhouses, and retail areas, making it the ideal place to enjoy a luxurious and relaxing lifestyle.
In summary, Palm Hills New Cairo is an exclusive residential community located in the New Cairo district of Cairo, Egypt. It is subject to the regulations of the NUCA and the Egyptian Real Estate Law. The developers of the community have gone to great lengths to provide their residents with luxurious facilities and amenities, which makes it the perfect place to live a comfortable and upscale lifestyle. As an attorney in Egypt, I am happy to see that developers like Palm Hills Development are paying attention to the legal aspects of their developments, ensuring that their residents are well-protected and that all transactions are conducted in a transparent and fair manner.
Palm Hills New Cairo Palm Hills New Cairo is a new mixed-use community providing balance and diversity of housing types, natural backdrops, commercial services and recreational amenities for its residents and nearby visitors. It is influenced by the local area and is centered on creating a community of pedestrian-scaled, tree shrouded neighorhoods, and each focused on a central park and social areas featuring services such as the community center. These lush green neighborhoods are sustainably balanced by the unique natural landscape features of the site. Street landscaping, entries, walls and fences, signage and other elements will be designed as an integrated system for each neighborhood. Each neighborhood will have its own exclusive community center, which will be the focal point for all communal activities.
Palm Hills Palm Hills Developments is a leading real estate company in the Egyptian market, primarily developing integrated residential, commercial real estate and resort projects. Founded in 2005 by Mansour and Maghraby Investment and Development Company [MMID], the company which is listed on the Egyptian Stock Exchange and London Stock Exchange, traded under the symbols "PHDC.CA" and "PHDC.LI" respectively, was the result of a vision to create self-sufficient and well integrated communities. Currently, Palm Hills Developments has a portfolio of 26 projects spanning different development stages nationwide, and spreading over 27 million square meters [sqm] in Egypt, including 5 million sqm in which is held for sale in Saudi Arabia. The Company's product offering includes primary homes on both West Cairo and East Cairo, as well as second homes by the Mediterranean Sea [North Coast].