EGP 5,100,000
Apartment for Sale in Sun Capital - October By Arabia Group - Delivery Year 2023
As a lawyer with extensive knowledge of the legal aspects of real estate in Egypt, I am pleased to shed light on the legal framework that surrounds the Sun Capital development in 6 October City.
Located in the heart of 6 October, Sun Capital is a massive mixed-use project that offers a wide range of residential units, commercial spaces, and recreational facilities. The development boasts a prime location in the western suburbs of Cairo, with easy access to the Cairo-Alexandria Desert Road and other major transit routes. This convenient location makes it an ideal choice for both residential and commercial purposes.
However, as with any real estate project, it is important to understand the legal issues that can arise in relation to Sun Capital. These include:
1. Ownership: Sun Capital is owned by Arabia Holding, which is responsible for the overall management and development of the project. However, individual units are owned by their respective buyers, who must sign contracts with Arabia Holding to purchase these units.
2. Contracts: The contracts signed between buyers and Arabia Holding include important details regarding payment schedules, warranties, and other legal matters. It is important for buyers to carefully review these contracts to ensure that they fully understand their rights and responsibilities.
3. Legal disputes: In some cases, legal disputes can arise between buyers, developers, and other parties involved in the project. In these instances, it is important to seek legal counsel to ensure that one’s rights are protected and that any necessary legal action can be taken.
Overall, Sun Capital is an exciting real estate development in 6 October City that offers a range of attractive features and amenities. As a lawyer, it is my duty to ensure that my clients fully understand the legal framework surrounding this and other real estate projects, in order to protect their rights and interests throughout the purchasing process.
Sun Capital High residential Compound by Arabia Holding in 6th of October. The Sun Capital is one of the largest and most prestigious residential projects implemented in the heart of 6 October city, which holds more than one title including The Sun City or the New Tourist Capital of Egypt, and is the first residential project implemented in partnership with the Ministry of Housing, which is characterized by a wonderfully strategic location where direct views of the pyramids and proximity to the Great Egyptian Museum.
Arabia Group Arabia Holding Company is the executing company of the project which has a lot of projects that have been implemented on the ground. The Arabia Group of Companies is a diversified consolidation of 12 business entities operating within several commercial sectors across Jordan. Arabia Group’s first business was established in 1988 Arabia Group owns leading and award-winning businesses active in sectors including media and advertising, digital marketing, radio & TV broadcasting, power generation, contracting, solar asset management, technology and hospitality. The group’s radio & TV broadcasting unit, Al Kawn, is Jordan’s foremost owner and operator of private radio and TV stations. ATC, Arabia Group’s utility power developer has grown from providing consulting and local support services to standing at the forefront of the Middle East region’s shift towards renewable energy.
Green color means pay in installments
