By Eman Hamed
Mostafa Lashin, Vice Chairman of Master Group revealed in an official statement of the company about the volume of construction of The City project and its implementation position, especially with the approaching date of the first phase deliveries, that the work on the ground is progressing at good rates, according to the agreed implementation timetables. With the Administrative Capital Company, to bring the project to record construction rates despite the critical conditions that the market is going through now from the lack of basic inputs in construction, the company was keen to provide all these inputs firsthand so that work does not stop for one hour on the project land in order to ensure the implementation of The target of constructions according to the timeline agreed upon with the clients.
Lashin stressed that the continuous and serious work on the land of the project, which is built on an area of 54 acres, is what made us reach record building rates, which proves the seriousness and commitment of the company with its customers and its keenness to complete the “The City” project according to the highest standards of quality and safety and the provision of all distinctive services that make the project their choice. The first is the result of several basic factors that were taken into account in the engineering and architectural designs, services and entertainment venues within the project, pointing out that the company was also keen to contract with Moharram Bakhoum, one of the largest engineering consulting companies in Egypt and the Middle East, to supervise the implementation of the engineering and construction works for the entire project in accordance with the highest international standards in Construction.
He added that The City project is located on an area of 54 acres, in the most distinguished area of the R7 region, with a total investment of 7 billion pounds.
The project was designed by major international engineering companies in London in a modern, harmonious manner that reflects luxury life with the best facade design and the highest safety standards. Which starts from 95 meters to 198 square meters, for duplexes starting from 217 meters to 396 meters, in addition to providing all recreational services and distributing them in a distinctive way from a children’s play area, and an area dedicated to practicing yoga and reading, a swimming pool and various green spaces, which distributes the population density Smartly and other services for the social club, and the integrated commercial area, including shops, restaurants, cafes, medical clinics, the amusement park area, and The City Mall, which is located on top of the project.
Lashin indicated that among the privileges of the project is the percentage of green spaces from the landscape and services, which amounts to about 80% of the total area of the entire project, in addition to the percentage of loading on residential units, which ranges from 12% to 18%, which is the lowest percentage of loading currently present in the projects in The new administrative capital.
The Vice Chairman of Master group said that the company has developed new plans and strategies for the company’s work after extensive study and research of the market to enhance competition and confidence among customers and interest in the real estate product provided to the customer and achieve the maximum possible benefit for him during the coming period in line with its strength and ability through which the company was able to achieve execution rates Great project and in record time and start preparing for new projects in very distinctive areas to present a new real estate product that reflects the strength of the company in the Egyptian market and causes a boom in the quality of services provided to customers, which directly benefits the investor and the end user of the real estate unit, which will be a surprise to the Egyptian market