EGP 5,322,000
3 Bedrooms Apartment for Sale in Talah New Capital By New Plan Developments - Delivery Year 2026
Talah New Capital is a new city being developed in Egypt, located in the desert east of Cairo. It is the first of its kind in Egypt and is expected to become a new hub for business, technology, and culture. The city was announced in March 2019 by Egyptian President Abdel Fattah el-Sisi and is being developed by the Egyptian government in partnership with the UAE’s Capital City Investment Company.
The new capital is expected to be a fully-fledged city with a population of 5 million people, an international airport, and a financial district. It will also have a range of cultural attractions, including a theme park, a zoo, and a museum. The city is being designed to be sustainable, with renewable energy sources and an emphasis on green spaces.
The city is part of the Egyptian government’s plan to diversify its economy and attract more foreign direct investment. It is expected to create up to 1.5 million jobs and contribute up to 3.5 percent of Egypt’s GDP by 2030.
The project is estimated to cost around $45 billion and is being funded by a combination of public and private investment. The government is also offering incentives to attract businesses to the city, including tax breaks and subsidies.
The development of Talah New Capital is seen as a major step forward in Egypt’s economic development and is expected to have a positive impact on the country’s economy. It is hoped that the city will become a major hub for business, technology, and culture in the region.
Talah The project is located in the best residential neighborhoods in New Capital, which is the seventh district (R7), specifically in plot No. (I1), which is one of the most distinguished plots within New capital. One of the largest park in Egypt and the Middle East, which is the famous Green River Park, and the Tala Administrative Capital project is about 15 minutes away from the new monorail station. The most distinguishing feature of Talah New Capital Compound is its proximity to the most important axes of the capital, including the Central Ring Road, the Regional Ring and Sokhna Road. The project is also one of the most prominent and modern residential complexes in New capital, which Newplan has been keen on bringing it out with this most wonderful design and providing all basic and recreational services.
New Plan Developments New Plan Development is the owner of the New Capital project, and this company has been characterized by its huge projects since its establishment for more than 20 years, and it is one of the pioneers in the real estate field, due to its many projects that have witnessed its success in recent times. Among the previous works of New Plan Company For real estate development: Eleven Mall New Capital , Serrano Compound, New Capital , Attica New Capital, Granvia Mall, New Capital.