Rawabet Real Estate Development Company announced the opening of reservations for the first phase of its project (Sela Business Hub). In the financial district of the New Administrative Capital, with investments exceeding 4 billion pounds
Mr. Mohamed Massad, founder and managing director, explained that the company aimed, upon its entry into investment and development in the Egyptian market, to provide a distinguished and unique real estate product that represents a strong addition to the market and to the name and reputation of Rawabet Company, and to entrench its name in people’s minds to be among the ranks of real estate companies operating in the Egyptian market.
Mohamed Massad said that the distinction of the location is the main factor in marketing and selling any project, so we had to choose a distinguished location to be the difference between our project and any other project, as it was located in connection with the most distinguished locations in the financial district of the New Administrative Capital and with a direct view of the banking complex (the Central Bank and the Bank of Egypt). And the Bank of Cairo, the National Bank, the Agricultural Bank, the Post Office, and next to the Telecommunications Company (We)
Massad pointed out that the Silah project is an integrated administrative project. An area of 6,000 square meters, consisting of ground floor and 7 floors, with a total of 300 administrative offices, with areas starting from 50 square meters.
He said that the company has developed flexible payment systems to facilitate its customers, with advances starting from 10% and installments up to 8 years. According to the project schedule, the project is scheduled to be completed and delivered in 2026.
Massad revealed the company’s future plan, during which it aims to form a diversified investment portfolio of projects in a number of regions and cities, the most important of which is the New Administrative Capital, in line with the state’s development plans and supporting its path adopted by President Abdel Fattah El-Sisi, to make the New Administrative Capital a destination for investors worldwide, which has put Egypt on the map. The way
He added that according to the expansion plan, Rawabet aims to direct its investments to the cities of New Cairo, Shorouk, and Sheikh Zayed City, and soon to direct strongly to the North Coast, which has become the focus of the world’s attention. Through this, we aim for Rawabet to be among the ranks of real estate companies, and even the pioneer of real estate investment in the Egyptian market.
He revealed the imminent announcement of an integrated residential project in Sheikh Zayed City, to be the nucleus for implementing a series of projects.