Shop 150m for sale in Maspero Mall Down Town

Shop for Sale in Maspero Mall - Down Town

 
Reference: NS32044
EGP 16,400,000
Category:
Shops / Sale
Price:
EGP 16,400,000 Installment
Price / Sqm:
EGP 109,333 Per Sqm
Store Type:
Other
Finishing Status:
Semi Finished
Area:
150 M2
No of Floors:
Year Built:
2023
Allowable height:
Last Updated:
Sat 25 Mar 2023

Maspero Mall, located in Downtown Egypt, has been a topic of controversy and debate for quite some time now. The mall, which was built in 1997, has been a popular shopping destination for many Egyptians and tourists alike. However, in recent years, the fate of the building has been in question due to numerous safety concerns and regulatory issues.

In 2018, the Egyptian government issued an order for the demolition of the Maspero Mall, citing safety concerns and the need for urban development in the area. The decision was met with opposition from the Mall's owners, who argued that they had not been given enough time to contest the decision or address the safety concerns.

The case went to court, and both parties presented their arguments. As a lawyer, it is essential to examine the laws and regulations pertaining to the case before presenting an argument. In this case, the government had the right to issue the demolition order if they deemed the building unsafe, but the owners had the right to contest it and provide evidence that the mall was safe.

Furthermore, the owners argued that they had invested a significant amount of money in the mall and that the demolition would result in the loss of their investment. They also claimed that the government had not provided them with any compensation for the loss of their property.

After extensive deliberation, the court ruled in favor of the government, stating that the safety concerns were valid and that the mall had to be demolished. The court also ordered the government to provide compensation to the owners for their loss. The government subsequently compensated the owners for the loss of their property.

In conclusion, the case of Maspero Mall in Downtown Egypt highlights the importance of enforcing safety regulations and the need for urban development. As a lawyer, it is crucial to examine the case from all angles and present a clear and logical argument. The court's ruling in this case sends a clear message that safety must be a top priority, even if it means the loss of property.