Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Khozam Development launches Creek Town New Cairo


Sat 27 Mar 2021 | 03:59 PM
Mohamed Nour

 

Khozam Development launched the first phase of its Creek Town New Cairo project in the first settlement, with investment worth EGP 3 billion.

On his part, Nader Khozam, Chairman of the Board of Directors, noted that the Creek Town project is located on the Suez Road directly at the entrance to Al-Rehab City on an area of 100 acres, pided into three phases. The first phase was launched at the Real Gate exhibition, where the company granted discounts and exclusive offers for contractors.

Moreover, Khozam pointed out that the project includes 600 villas, town, and twin-houses, representing 70% of the project area, and 1000 residential units between duplexes, gardens and penthouses with 30% of the area. The project also includes a playground area, a club on an area of 12 feddans, a club house for villas and another one for apartments. All villas and residential units can enjoy the fabulous view of green spaces, water bodies and artificial lakes.

The Chairman indicated that the implementation of the project will begin next April, adding that it will be completed and delivered within three years. He also affirmed that the project was designed at the highest level of engineering and consultancy designs by Engineer Hany Saad, the biggest consulting and engineering office in Egypt, noting that the design has taken into account providing different areas in villas and apartments.

The company works hard on providing housing and making a good use of the spaces, which range in villas between 350 to 400 meters and in apartments between 120 to 175 meters.

Khozam revealed that the company is studying establishing a project in New Alamein due to the considerable investment opportunities provided by the state, adding that the details of the project are going to be announced soon.

Creek Town is the second project of Khozam Development following its “Go Heliopolis” project, the first compound in Heliopolis, which includes 1000 residential, administrative and commercial units as well as clinics. They plan to start its delivery in 2022.

Contributed by Omnia Ahmed @⁨ا/محمد وديع⁩ @⁨محمد صادق⁩