Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Taj Misr to Launch Ezdan Mall, Dejoya Mall in Exhibition


Sun 01 Nov 2020 | 12:18 AM
Ezzeldin Essam Ezzeldin

Taj Misr Development Company intends to launch "Ezdan Mall" in the New Administrative Capital during the Cityscape Exhibition, which is held at the Egypt Exhibition and Convention Center from 4 to 7 November.

Mostafa Khalil, Chairperson of Taj Misr Developments, said that the company is launching a package of its distinctive projects at the exhibition with great offers.

The mall is located in the Tourism and Entertainment District in front of the Al Masah Hotel and the Monorail Station in the most exclusive areas of the administrative capital.

The mall is completely commercial and is built on an area of 10,450 meters and includes a ground floor and 5 frequent floors.

Khalil added that the mall includes 160 shops with areas ranging between 30: 140 meters, and prices starting from 50,000 pounds per square meter.

The mall includes a food court and large display screens in addition to a huge display screen on the front of the mall; also it has an external escalator on the front of the mall that contributes to easy access to the shops in all floors where the public can choose the store and go up directly without the need to enter other floors .

Khalil added that the company offers through Ezdan Mall a distinguished real estate product at competitive prices, as it presented during the Cityscape exhibition a sale offer with a 10% down payment and installments of up to 10 years, provided that the delivery takes place after 3 years.

Taj Misr aims to market about 35% of Ezdan Mall during the exhibition, with contractual sales targeting about 300 million pounds.

Khalil indicated that the company also plans to launch the third phase of the Degoya compound during the exhibition at prices starting from 9,000 pounds per square meter, with a 7% down payment and up to 10 years installments, provided that the delivery takes place after 4 years of contracting.

Taj Misr aims to achieve contractual sales of the Degoya compound by about 200 million pounds during the exhibition.

The "DE JOYA" compound is located in the R8 in the Administrative Capital on an area of 23 feddans, with investments estimated at 2 billion pounds.

The Degoya Compound is the first compound in the Administrative Capital that includes a huge aquarium "Aquarium" along the walls that gives a wonderful look to the compound.

Taj Misr also intends to launch the first phase of the "Degoya Strip Mall" in the R8 in the Administrative Capital with a facade of 600 meters and consists of two commercial floors and an administrative role, with prices starting from 45,000 pounds per square meter, with a 10% down payment and installments of up to 10 years, with delivery to take place after 4 years.

The «Dejoya strip mall» is the only open mall without fences on the tourist walkway of the Administrative Capital.

Khalil indicated that Taj Misr always focuses on providing the best modern designs that serve the needs of customers and achieve the highest rates of comfort and luxury in accordance with international standards.

The company cooperates with Dr. Medhat Dora, one of the largest consulting offices in Egypt and the Middle East for design and general supervision of projects because of its  proven track record of success in major projects.

Chairman of the Taj Misr Company, confirmed that Cityscape is the most important real estate exhibition in Egypt and receives great support from the state to boost the Egyptian real estate market and support serious projects.

He added that real estate companies rely heavily on the exhibition to stimulate sales, especially if the exhibition has a good reputation and professional organization; this year comes after the relative stagnation that affected all economic sectors due to the Coronavirus pandemic.

There is a great anticipation from companies preparing to present their best offers and deals as well as customers who are looking for a distinctive property, whether for use or for investment.