Who is the developer of Sun Capital compound?

The company that owns Sun Capital 6 October is Arabia Group

Under market price studio in Sun Capital

Reference: NS 68179

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

Under market price studio in Sun Capital

Reference:

NS 68179

Price:

Call Us

Finishing Status:

Semi Finished

Area:

103 sqm

Floor No.:

Bedrooms:

Bathrooms:

View:

Landscape View

The type of ownership:

Registered

Listed:

Thu 11 May 2023

About Sun Capital 6 October

Studio 2 Bedrooms for Sale in Sun Capital - 6 October By Arabia Group

Sun Capital, the luxury residential and commercial developer, has reportedly invested around $1bn in a massive project in 6th of October City, Egypt. The compound, which is spread over an area of more than 677 acres, comprises of around 7,000 units of apartments, villas, and townhouses, as well as commercial, administrative, and entertainment facilities.

The project is expected to be completed in several phases over the next few years. The first phase, which is already under construction, includes approximately 1,400 units of apartments and villas, and is expected to be completed by the end of 2021. The remaining phases will follow, with more residential and commercial properties constructed.

Sun Capital is part of Arabia Group, which was founded by business magnate Tarek Shoukry. Arabia Group has been active in the real estate and construction sector in Egypt for more than 25 years, and has developed a number of high-profile projects across the country. Sun Capital is one of its flagship projects, aimed at the luxury end of the market.

6th of October City is a fast-growing residential and industrial hub located on the outskirts of Cairo, Egypt. With a population of around 1.5 million people, it is one of the largest cities in Egypt, and is known for its upscale residential neighborhoods, modern infrastructure, and proximity to key industrial areas.

The project by Sun Capital is expected to boost the local economy, and provide much-needed housing and commercial amenities in the area. The luxurious nature of the development is likely to attract high net worth individuals and investors from both Egypt and overseas, looking for upscale properties in a prime location.

In conclusion, the investment by Sun Capital in the 6th of October City project is a massive boost for the real estate sector in Egypt, and is expected to generate significant economic benefits for the local community. The project is also a testament to the growing importance of 6th of October City as a key residential and commercial center in Egypt.

MLS Realty
+201200070979