Attal Properties, a leading real estate developer in Egypt, has announced the launch of its flagship project, “The 101”, in partnership with Arab Contractors Company. The project boasts an impressive investment of EGP 25 billion (approximately $1.3 billion) and will span over 424,000 square meters (sqm) in Plot No. 1 in Phase 1 of Mostakbal City, New Cairo.
A Prime Location and a Unique Name:
Strategically located near the Middle Ring Road and major transportation hubs, “The 101” is aptly named after its expansive area of 101 feddans (approximately 424,200 sqm). The project will offer a diverse mix of residential units, including maisonettes, twin houses, townhouses, and villas, ranging in size from 120 to 500 sqm.
A Haven of Amenities and Green Spaces:
Residents of “The 101” will enjoy a plethora of amenities, including sports and health clubs, artificial lakes, jogging and cycling trails, vast green spaces, and recreational areas. A sophisticated smart security system will ensure the safety and privacy of all residents.
A Commitment to Sustainability:
Demonstrating a commitment to sustainability, the project will dedicate only 30% of its land area to buildings and residential units. The remaining 70% will be meticulously designed to incorporate water features, landscaping, and integrated services, creating a harmonious blend of nature and modern living.
A Strategic Partnership:
The partnership between Attal Properties and Arab Contractors brings together two industry giants with a shared vision of creating exceptional real estate developments. Ahmed El-Attal, Chairman of El-Attal Group, expressed his enthusiasm for the collaboration, stating, “We are confident that this partnership will enable us to deliver a project that surpasses expectations and sets new benchmarks in the Egyptian real estate market.”
A Landmark Project in the Making:
“The 101” is poised to become a landmark project in Mostakbal City, offering a unique living experience that combines luxury, convenience, and sustainability. With its prime location, exceptional amenities, and commitment to environmental responsibility, the project is set to attract discerning homebuyers and investors alike.
