New Town Group Projects in Egypt

About New Town Group

New Town Group cites more than 30 years of experience and a long list of residential, commercial and office projects. Its work is spread across Greater Cairo: projects in New Cairo's 5th Settlement, towers in Heliopolis, developments in Obour, and many projects in Hadayek El Ahram and 6th of October. Its current offering focuses on commercial malls.

Before buying a New Town commercial unit

The company has a long record in established areas such as Heliopolis and October, so you can ask about its older projects there and see how they look today. If there is an older tower or mall of theirs, check occupancy and upkeep, since that shows how the company treats projects after handover.

For current projects, separate New Cairo from the Capital. Malls in New Cairo such as In Town and The Node sit in an area that is already lived in, so there is competition for tenants but also real demand. Evolve Tower in the Capital is a bet on the district growing, so ask exactly where it is and which neighboring projects are already operating.

For any commercial unit, frontage, floor and permitted activities drive the rent. Ask about service charges and the operator, and read the delivery clause carefully before booking any New Town Group project in Egypt.