Apartment prime location for sale in Scenario

3 Bedrooms Apartment for Sale in Scenario New Capital

3    3
Reference: NS78946
EGP 4,838,426
Category:
Apartments / Sale
Price:
EGP 4,838,426 Installment
Price / Sqm:
EGP 30,818 Per Sqm
Finishing Status:
Semi Finished
Area:
157 M2
Floor No.:
Ground Floor
No of Floors:
Bedrooms:
3
Bathrooms:
3
View:
Landscape View
Delivery Date:
2024
Allowable height:
Last Updated:
Mon 22 May 2023

The new administrative capital of Egypt is a megacity currently under construction. It is dubbed as the "Compound Scenario" because it aims to combine urban technology and environmentally sustainable development. The city's development is a part of a broad plan unveiled by President Abdel Fattah el-Sisi in 2015. This new megacity is expected to help ease congestion, relieve pressure on the overcrowded Cairo and eventually become Egypt's administrative and financial hub.

The Compound Scenario aims to create a smart, modern city that provides integrated living, with residential, commercial, and administrative areas combined into one. The new administrative capital will have more than 21 residential districts, with a capacity to accommodate over 6 million people. The city is built on 170,000 acres of land, and the estimated cost of construction is $45 billion.

One of the focus areas of the Compound Scenario is to provide sustainable living. The city will be built with sustainable technology, incorporating solar power and green spaces. In the new administrative capital, there will be ample opportunities for green living, with over 40,000 acres of green spaces and parks scattered throughout the megacity. The use of renewable energy sources such as solar power and wind power will reduce the city's carbon footprint.

The megacity is also introducing technologically advanced transport systems. The goal is to create a smart city that is easy to navigate and uses modern transportation systems. The city will feature an urban rail system, which will connect the city with surrounding areas, alleviating traffic congestion. A high-speed train will also be introduced, providing easy transportation between the new administrative capital and other Egyptian cities.

The construction of the new megacity is expected to create thousands of new jobs, providing employment opportunities for Egyptians. The Compound Scenario will also attract investment opportunities from domestic and foreign investors, boosting the country's economy.

The new administrative capital is poised to become a landmark mega-project in Egypt, signaling the country's embrace of innovative and sustainable development. The Compound Scenario will provide a modern and environmentally friendly city for Egyptians, offering sustainable living, jobs, and an improved economy.

In conclusion, the development of the new administrative capital represents a significant opportunity for Egypt to create a smart, modern, and sustainable city that integrates urban technology, the environment, and social development. The Compound Scenario will play an essential role in creating a better future for the people of Egypt.