In a burgeoning new residential area, SODIC for Real Estate Investment launched its “SODIC East El Shorouk” project in 2017. The project covers an area of up to 2.6 million square meters, aiming to build a residential project that accommodates 60,000 inhabitants.
**Duration and Delivery-SODIC- :**
The project, according to the project head Majed Shareef, will span 12 years from its launch in 2017, with delivery in three phases. The expected investment for the project is EGP 17 billion, and the company anticipates sales totaling EGP 44 billion.
**Partnerships-SODIC-:**
SODIC is executing the project in collaboration with New Urban Communities Authority (NUCA), and contracts have been signed with Sasaki International for the master plan and Cracknell for landscape design.
**Track Record-SODIC-:**
With around 25 years of experience, SODIC has successfully executed 10 integrated projects in East Cairo, West Cairo, and the North Coast.
**Project Location-SODIC-:**
SODIC East El Shorouk is located on the outskirts of Cairo, with major roads nearby, minutes away from Shorouk City and a 25-minute drive from the New Administrative Capital.
**Unit Sizes:**
Unit sizes vary, presented in three phases, including standalone villas, twin houses, and residential apartments.
**Unit Designs:**
The units include standalone villas, twin houses, and residential apartments with diverse sizes, delivered without finishing.
**Project Features:**
– Extensive green spaces.
– Proximity to Shorouk City and the New Administrative Capital.
– Access to major roads.
– World-class medical center.
– Security and privacy.
– Timely delivery.
– Possibility of real estate financing.
**Project Services:**
Basic services include electricity, gas, water, along with commercial facilities, international schools, and sports clubs.
**Payment and Installment Plans:**
The company offers flexible payment systems of up to 8 years, with a 10% down payment.
**Unit Prices:**
Unit prices are influenced by multiple factors and change based on the type and size of the unit.
**Unique Location :**
The compound spans 650 acres in the new Heliopolis City, situated between the Suez and Ismailia roads in a unique location facing Madinaty and the New Administrative Capital.**Exceptional Recreational Services:**
– Best landscape in Egypt.
– A 42-acre sports club.
– Independent gardens.
– Malls.
– Medical clinics.
– Mosque.
**Luxurious Residential Units:**
The first phase of the compound is dedicated exclusively to villas and houses, including:
– Standalone villas.
– Twin houses.
– Townhouses.