Cairo Capital Developments to debut Lake West 2
CairoCapitalDevelopmentsintendstolaunchLakeWest2projectinNewSheikhZayedCityinthecomingperiodon15acres.
ChairmanofCairoCapitalDevelopmentsYasserKhalafsaidthatlaunchingtheprojectisan
investmentinthesuccessachievedbythecompanyinitsLakeWestprojectinNewSheikhZayed,addedthatthisareaisdistinguishedbyitsstrategiclocationnearvitaleducational,medicaland
recreationalservices.Itisonlyabout5minutesawayfromallfundamentalservicecentersand
places.
Khalafnotedthatthecompanyplanstolaunchthenewprojectbeforetheendofthisyear,
elaborated,“Theprojectwillbedistinguishedinallitsdetails,startingfromitssite,designand
variousunit’sspaces,aswellaseasypaymentplansthatsuitthetargetcustomers.”
HeexplainedthatthecompanyseekstohaveanarchitecturalfootprintinwestCairoregion
throughthecurrentLakeWestcompoundandthenewproject.
Hefurtherpointedoutthatthenewprojectbuiltupareareaches15%,andtherestwillbegreen
spacesthatenableclienttoenjoyluxuryandgreenspaces.Accordingly,thecompanyintendsto
developprojectsthatachievecustomer’sgoalsincomfortandquietness.
WithregardtoLakeWestproject,Khalafelaboratedthatthecompanyhascompleted60%of
constructionsofthefirstphaseanditisscheduledtobecompletedinfirstquarterof2022,addedthatconstructionsofthesecondphasewillbegininthebeginningofnextyear.
TheLakeWestproject,whichcovers43feddan,islocatedinNewSheikhZayedCityonthe
Waslat -DahshurRoad,andenjoysmanysurroundingservices.ThecompanyisdevelopingtheprojectwithinvestmentsworthEGP 1.2bn,whichisself- financedanditisplannedtobedeliveredwithin3years.
Thecompanyalsoofferspaymentplansstartingfrom0%down-paymentandinstallmentsupto8years,whicharecompetitivesystemsofferedbythecompanytoitscustomersandcommensuratewiththeirpurchasingpowerwithunits’spacesrangebetween256and385sqm,inadditionto12commercialunits.
CairoCapitalDevelopmentshasaspecificstrategyinadheringtodeliverydatesoftheLakeWest
projectinparallelwithitsexpansionplaninrealestatemarketbesidesseizingavailableinvestmentopportunitiesthatfitwiththecompany'sstrategicplanandattainitsinvestmentambitions.
