The project, presented by Castle Real Estate Development, is presented with multi-use services, and provides medical, administrative and retail spaces, with various areas. Moreover, it has been classified as a commercial project in new capital , administrative, medical activity.

 

Details of East Side Towers

 

The East Side project in the New Capital consists of a group of luxurious residential towers, which are equipped in a manner befitting the sophistication of the place, and achieve rapid sales of the project, as it provides many services.

 

The excavation and implementation of the project has started in the New Administrative Capital properties since 2019, when the CEO of the company, Engineer Ahmed Mansour, stated that Castle for Development Company was planning to invest 800 million EGP in the East Side project, which was considered the company's latest project in the Egyptian market at the time.

 

Location of East Side project in the New Administrative Capital

 

East Side project is located in a distinct area of ​​the New Administrative Capital, as it stretches between two areas, each of which is considered to be of a high standard, and suitable for living in a wonderful atmosphere and climate, which meets the aspiration of everyone who wants to own a commercial, administrative or residential unit in the Administrative Capital.

 

They are R3 properties in new capital and R2, and they are located within the high-end residential areas in the New Capital, specifically MU23.

 

All this while ensuring that all facilities are complete, health, commercial, and education services, many stunning natural views, and spacious gardens.

 

The construction area of ​​East Side New Capital project is about 20,000 square meters.

 

Features of East Side Project in the New Administrative Capital

 

• Design: The project is characterized by a luxurious architectural design, as it simulates modern international designs

• A privileged location: It is located in the center of the capital, where the most important institutions and high-end residential areas are

• Proximity to the main roads: It is characterized by access to major roads, such as the Amal Corridor, Al Mehwar Road, Bin Zayed North Road, and Suez

• Financial and Business District: The project is located near the financial and business district, which is considered the most important neighborhood in the New Administrative Capital

• Green River: Also overlooking Green River and Chinese Towers

 

Available Services in the East Side Project

 

East Side provides a number of services that meet your practical needs within the place, including, having meeting rooms for work, providing a private smoking room, having trained security and guarding at the highest level, as well as using the latest 24-hour surveillance cameras, in addition to having private yards With cars, with large areas, and multiple entrances to prevent congestion.

 

Buildings in the East Side Project

 

It was decided that the height of the buildings and apartments within the project would reach 7 floors, as the project includes 3 complexes connected to each other, including a variety of units.

 

Types of Units in East Side 

 

• Medical Clinics: East Side includes fully-finished, multi-specialty medical clinics, and it extends over an area of ​​5,000 square meters

• Administrative offices: It also includes a number of administrative offices on an area of ​​7,500 square meters

• Retail spaces: The project also includes stores and retail spaces that can be used for banks, pharmacies, food and beverage outlets

 

Areas of Units in East Side

 

Clinic and office spaces range from 52 to 91 square meters, while stores and retail spaces range from 53 to 230 square meters.

 

The number of floors of the project reaches 10 floors, which are divided into:

 

• 3  floors for commercials

• 2 floors for medical

• The remaining 10 floors have been allocated to be administrative

 

Also, each floor contains 23 units.

 

Prices and Payment Systems For Units in East Side Project

 

• 5% downpayment of the total amount, with equal installments to be paid over 4 years

• A down payment of 10% of the total amount, with equal installments, to be paid over 5 years

• A down payment of 15% of the total amount, with equal installments, to be paid over 6 years

 

 

Maintenance

10% of the unit price is to be paid as repair and maintenance costs.

 

The project is scheduled to be delivered in 2022.

 

The Real Estate Developer of East Side Project

 

Castle Real Estate Development Company implemented this project as it has extensive records of mega projects in Egypt, as well as in the Kingdom of Saudi Arabia.

 

Castle Real Estate Development Business developed administrative projects such as: Maadi Towers and Red Sea Mall.

 

It has also completed about 30% of the concrete works for the first phase of the Castle Landmark project, with all the concrete works for the first phase to be completed in 2021.

 

Reasons to Invest in the New Administrative Capital

 

Experts in the field of real estate development have recently focused attention on investing in the New Administrative Capital Compounds , due to the high financial return in a short period than other places, as it creates many opportunities for housing, attracting residents, and working to address the various issues that Egypt faces from unemployment, and also provides more than One and a half million job opportunities, in addition to reducing the traffic congestion and the pressure on Cairo.