NewsReal estate

Dolmen Developments launching their new 3,400-sqm project at New Capital

Dolmen Developments intends to launch their new project at New Administrative Capital (NAC), It is a commercial and administrative project located in New Capital’s third residential neighborhood (R3) on an3,400 sqm, with a view of 3 distinctive facades.

Abdel-Azim Khalil, Chairman of Dolmen Developments, said that the project is a commercial and administrative project comprises ground and three floors.
Abdel-Azim Khalil added that the company aims to develop a flagship project in all its details, with a unique and feasible design, as Arkan has been contracted to act as the engineering consultant for the project.
He noted that Dolmen Developments will not construct or market the project before obtaining all necessary licenses for the project, in order to ensure that the engineering form that is marketed to customers matches the final form that obtained licenses in preparation for construction.
This is one of the main pillars on which the company depends in its relationship with customers to promote its credibility.
He explained that the project includes commercial stores with various spaces starting from 30 sqm, pointed out that the project will be delivered within two years and half.
The company also offers their customers flexible payment plans commensurate with purchasing power of customers, and at the same time takes into account price changes that property witnessed during the recent period as a result of high cost of implementation, he elaborated.
Abdel-Azim Khalil concluded that real estate remains a safe haven for investment, regardless of the size of economic challenges, thanks to high return on investment in it. Besides, it meets a basic need for a major commodity, which is property. All of this keeps the continuation and the evolving of real estate market. Accordingly, the government’s support provided to local real estate sector, flexibility of companies and real demand considered important factors support boosting the market.

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