ARDIC show­cases Lee­way in Zizinia El Mostak­bal dur­ing Egypt Gate Expo

Dur­ing ex­hi­bi­tion, com­pany pro­vided sev­eral of­fers, pay­ment plans last­ing for 7-8 years

The Daily News Egypt - - News - By Shaimaa Al-Aees

ARDIC for Real Es­tate De­vel­op­ment and In­vest­ment has launched the Lee­way phase in the Zizinia El Mostak­bal pro­ject dur­ing Egypt Gate Expo, of­fer­ing ap­prox­i­mately 500 units, Ashraf Dowidar, CEO of ARDIC, said.

Dowidar added that the new phase in­cludes apart­ments of var­i­ous sizes rang­ing be­tween 200-300 sqm.

He re­vealed that his com­pany man­aged to mar­ket 60% of Zizinia El Mostak­bal pro­ject in El Mostak­bal city, New Cairo.

The pro­ject’s in­vest­ments reached EGP 2.5bn, with over EGP 1bn been al­ready spent in the pro­ject ARDIC’s CEO in­di­cated.

Zizinia El Mostak­bal spans over 70 fed­dan, in­clud­ing three con­struc­tion phases, to­talling 1,800 units of var­i­ous sizes.

Dowidar re­vealed that the com­pany is in ne­go­ti­a­tions with El Mostak­bal Com­pany for Ur­ban De­vel­op­ment to ob­tain a new piece of land in El Mostak­bal city.

The com­pany pre­vi­ously ob­tained 310 fed­dan in New Minya to de­velop an in­te­grated ur­ban hous­ing pro­ject, and the mar­ket­ing of the pro­ject will start in the se­cond quar­ter of 2019, high­lighted the CEO.

Dur­ing the ex­hi­bi­tion, ARDIC pro­vided sev­eral of­fers and pay­ment plans last­ing for 7-8 years.

Ashraf Dowidar, CEO of ARDIC

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