Who is the developer of Monorail Tower New Capital?

The company that owns Monorail Tower New Capital is ERG

Apartment 95m for sale in Monorail Tower New Capital

Reference: NS 23476

EGP 7,980,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 7,980,000

Apartment 95m for sale in Monorail Tower New Capital

Reference:

NS 23476

Price:

EGP 7,980,000 Installment

Price / Sqm:

EGP 84,000 Per Sqm

Finishing Status:

Super Lux

Area:

95 sqm

Year Built:

Listed:

Mon 22 May 2023

About Monorail Tower New Capital

Apartment for Sale in Monorail Tower - New Capital By ERG

Introduction:
The Monorail Tower in the New Capital of Egypt is a new development that has caused a lot of excitement in the country. The tower is expected to be a major tourist attraction and a symbol of the modern development of the New Capital. However, there has been some concern about the safety and feasibility of the project, which requires legal analysis.

Overview:
The Monorail Tower is a 135-meter-high steel structure that will be built in the heart of the New Capital. The tower will have a monorail system that runs through the middle of the structure, providing visitors with a unique view of the city. The tower will also include an observation deck, a museum, and a restaurant.

Legal Analysis:
As an attorney, it is important to consider the potential legal implications of the Monorail Tower project. One major concern is the safety of the structure, particularly in the event of an earthquake or other natural disaster. The developers of the tower will need to ensure that the structure is built to withstand these kinds of events and that appropriate safety measures are in place.

Another potential legal issue is the impact of the tower on the environment and surrounding communities. The tower will be located in a densely populated area of the New Capital, and it is important to consider the potential impact of noise, traffic, and pollution on the surrounding neighborhoods. The developers will need to work with local officials and community groups to mitigate these potential impacts and ensure that the project is compatible with the needs and interests of the community.

Conclusion:
The Monorail Tower in the New Capital of Egypt is an exciting and innovative new project that could be a major tourist attraction and symbol of modern development in the country. However, it is important to consider the potential legal implications of the project, particularly with regard to safety and environmental impact. As the project moves forward, it will be important for developers to work closely with local officials, community groups, and legal experts to ensure that the tower is safe, sustainable, and compatible with the needs of the surrounding community.

MLS Realty
+201200070979