Commercial Land on South Teseen Street for sale - New Cairo

Property Description

Land Description:

A plot of land on South Teseen Street in front of Hyde Park Compound

The construction percentage is 30% of the total land area

Responses 10 meters from all sides

Height: ground + 3 repeated floors with compliance with civil defense requirements

Areas under deficit and increase according to the final determination issued by the Survey Department in the city apparatus

The duration of the project implementation is 5 years from the date of receiving the plot of land

Payment system: The payment rate is completed up to 25% of the value of the plot of land (10% has been paid and the 15% is obligated by the company to pay it within a month from the date of notification with the approval of the Board of Directors) in addition to 1% administrative expenses and 0.5% Board of Trustees) provided that the price approved for the commercial activity is dealt with and that the rest of the price of the land is paid in 10 equal semi-annual installments, provided that the payment of the first installment begins after 6 months from the date specified for payment Provided that all installments are charged with the interest declared by the Central Bank of Egypt from the date of notification with the approval of the Board of Directors until the date of payment (in addition to 2% according to the instructions of the Ministry of Finance and 0.5% administrative expenses)

Price: 1,500,000,000 EGP 

Property Location

Country : Egypt

Governorate : Cairo

City : New Cairo City