PHOTO
- Official opening in 2024
- Ahmed Abou-Hussein: “alkarma Gates is an evolutionary leap… Economy regained momentum after temporary halt due to COVID-19 challenges”
Cairo, Egypt: – Egyptian real-estate powerhouse alkarma Developments has launched its newest project; alkarma Gates. A whopping EGP 1.8 Billion worth of investments was allocated for the project which is located in between old Zayed and new Zayed, in 6th of October city.
alkarma Gates project spans an area of 36 acres, with only 13.5% of its total area designated for construction, where it comprises of 180 units between standalone villas, townhouses and twin houses. The compound is built using unique modern architecture which is reflected within all of its units’ designs and spaces. Layouts were planned to allow residents a luxurious and elegant lifestyle, with 4 main gardens equipped with an open gym and kids’ areas.
Construction is planned to run for 4 years scheduling the compound’s official opening to take place in 2024, with the first phase in line to be delivered soon.
“alkarma Gates compound is our most recent project; it marks an evolutionary leap in modern architecture as it is being constructed using the highest quality material in compliance with international standards. The gated community is supported by a wide range of services and means of comfort that we have made a top priority in all alkarma’s projects. As such, all our projects are aided with various facilities like sporting clubs, kids’ areas and more,” said Ahmed Abou-Hussein, CEO alkarma Developments.
“Our strategy at alkarma Developments is based on maintaining its leadership in the real-estate sector through consistent investments while creating integrated urban communities. The Egyptian real-estate sector leads the way when it comes to comprehensive development, where it has already regained momentum after being temporarily halted due to the measures enforced in reaction to the COVID-19 pandemic.” Abou-Hussein added.
alkarma Gates project includes 5 plans for standalone villas covering areas of 295 m2, 314 m2, 347 m2, 386 m2, 414 m2, while townhouses’ cover 235 m2 and twin houses include spaces of 203 m2 and 206 m2. The compound is teeming with green spaces and contains a clubhouse that spans an area of 4,200 m2.
-Ends-
© Press Release 2020
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
