The selling process of Gardenia City's apartments starts today

Al-Ahly Sabbour and Hyde Park Developments kick-started today, Sunday, the selling process of Gardenia City's apartments.

The National Bank of Egypt and Banque Misr-owned Gardenia City compound with 20,000 residential units spreads over 600 acres on Suez-Ring Road, near New Cairo's 1^st Settlement.

Buying a residential unit at Gardenia City compound requires the depositing of LE50,000 down-payment using the official banking account No. 0680000722970 at the Construction and Housing Bank.

The second phase of the reservation process takes place when the sales team holds contacts with clients who fully paid off the down-payment amount a month after notification date. Accordingly, housing units are to be allocated for the clients in the presence of marketing sales teams.

Pricing

First, housing units

Gardenia City compound's fully-finished apartments, 120m, consist of three bedrooms and a bathroom, with prices ranging from LE975,000 to LE1mln, 400,000.

Payment plan

1. A 10 percent advance payment and 6-year installments with zero interest rate.
2. A 15 percent advance payment and 7-year installments with zero interest rate.
3. A 20 percent advance payment and 8-year installment with zero interest rates.

Second.. villas

The fully-finished Villas span 400m space, with pricing starts off at LE6mln,600,000 to LE8mln.

Third.. twin houses

The fully-finished twin houses have spaces starting off at 280m, and advance and delivery payments range from LE500,000 at prices begin at LE4mln,500,000 to LE6mln, 100,000.

A 10-year installment scheme and up to LE 360,000 down-payment is applicable.

Additionally, clients are to deposit a 10 percent maintenance payment over a year, 6 percent payment at delivery and 4 percent over one year.