Who is the developer of Ri8 compound?

The company that owns Ri8 New Capital is ERG

Duplex prime location for sale in Ri8 New Capital

Reference: NS 118243

EGP 4,294,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 4,294,000

Duplex prime location for sale in Ri8 New Capital

Reference:

NS 118243

Price:

EGP 4,294,000 Installment

Price / Sqm:

EGP 19,000 Per Sqm

Finishing Status:

Semi Finished

Area:

226 sqm

View:

Wide View

Delivery In:

2026

Listed:

Fri 12 May 2023

About Ri8 New Capital

Duplexes for Sale in Ri8 - New Capital By ERG - Delivery Year 2026

ERG New Capital Egypt, a subsidiary of the Italian energy company ERG, has announced the launch of a new compound in Egypt called Ri8. The compound, which is located in the new administrative capital of Egypt, aims to provide a high-quality living experience for residents.

Ri8 will have a total built-up area of 92,000 square meters and include 230 residential units. The apartments will range from one to four bedrooms, with sizes starting at 70 square meters up to 275 square meters. The compound will also feature a variety of amenities, including a swimming pool, gym, children's play area, and a multipurpose court.

One of the key features of Ri8 is its sustainable design. The compound has been designed to reduce energy consumption and promote eco-friendliness. It will use solar energy to power common areas and LED lighting throughout the premises. In addition, the building will have a waste management system that will help reduce environmental impact.

Another unique aspect of Ri8 is its location in the new administrative capital of Egypt. The new capital is a planned city that is being built to relieve the pressure on Cairo, which is one of the most densely populated cities in the world. The new administrative capital is expected to house millions of people and become a hub for government and business activities.

ERG New Capital Egypt believes that Ri8 will be an attractive option for individuals and families who are looking for a modern, comfortable, and sustainable living solution in a strategic location. The company has a track record of developing successful projects globally and aims to replicate the same success in Egypt.

Overall, the launch of Ri8 is a positive development for the real estate market in Egypt, particularly in the new administrative capital. It provides an option for individuals and families who want to live in a sustainable and modern compound, while also taking advantage of the strategic location of the new capital.

MLS Realty
+201200070979