Who is the developer of Eleven Mall New Capital?

The company that owns Eleven Mall New Capital is New Plan Development

Office for sale in New Capital Eleven Mall

Reference: NS 25371

EGP 4,370,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 4,370,000

Office for sale in New Capital Eleven Mall

Reference:

NS 25371

Price:

EGP 4,370,000 Installment

Price / Sqm:

EGP 87,400 Per Sqm

Finishing Status:

Super Lux

Area:

50 sqm

Room(s):

Bathrooms:

Year Built:

2022

Listed:

Thu 18 May 2023

About Eleven Mall New Capital

Office for Sale in Eleven Mall - New Capital By New Plan Development - Delivery Year 2022

Eleven Mall New Capital, a mixed-use development project situated in the newly established administrative capital of Egypt, has been making headlines as one of the most promising real estate projects in the country. As a lawyer who specializes in real estate law, I have had the opportunity to closely follow the project and its important legal aspects.

The Eleven Mall New Capital project is being developed by El-Shahawi Group, one of the leading real estate developers in Egypt. The development plan includes a shopping mall, a cinema complex, a hypermarket, residential apartments, and office spaces. The project is spread over a total area of 42,000 square meters and will offer a new level of luxury living in the new capital, with top-notch amenities and state-of-the-art facilities.

However, the success of the Eleven Mall New Capital project relies heavily on its legal framework. As a reputable lawyer, I can firmly say that the legal aspects of a project of this scale and importance cannot be taken lightly. Therefore, El-Shahawi Group has made sure to diligently follow all legal requirements and obtain all necessary permits and approvals from the relevant governmental authorities.

For instance, the developer has obtained the necessary licenses and approvals from the New Urban Communities Authority (NUCA) to carry out the development plan. Additionally, the company has made sure to comply with all construction regulations and standards to ensure the safety of the tenants and visitors of the mall and the residential units.

Furthermore, the contracts between the developer and the buyers of the residential units and investors in the commercial spaces have been drafted and reviewed by experienced lawyers to ensure that all parties' rights and interests are legally protected. The contracts should outline the scope of work, delivery time, pricing, payment terms, and penalties in case of any breach of contract.

In conclusion, the Eleven Mall New Capital project is a promising development that is expected to set new levels of luxury and living standards in the new capital. However, the legal framework that governs the project is essential to its success. The El-Shahawi Group has taken all necessary measures to comply with all legal requirements and obtain all necessary permits and approvals to ensure the project's legally sound operation.

MLS Realty
+201200070979