Park Lane New Capital Compound is a true reflection of the classic Dutch style. Elattal Holding Company, the project’s owner, has professionally blended the antique Dutch style with contemporary architectural designs. Moreover, it is located in the Seventh District (R7) and offers astonishing prices and diverse spaces to suit all preferences.
The location of Park Lane New Capital Compound
Park Lane New Capital Compound is situated in one of the best neighborhoods of New Capital. It is located in the Seventh District (R7), specifically in Plot D2, with a prominent view of the main axis of the Seventh District (R7). This district is considered the third-largest main axis in New Capital, spanning a width of 90 meters.
The important landmarks and close areas of Park Lane New Capital Compound include:
- The project is located alongside the BUE (British University in Egypt) axis.
- Direct View of the Ring Road: Park Lane New Capital Compound enjoys a direct view of the Ring Road.
- Proximity to the Swedish University and Diplomatic Quarter: The project is situated near the Swedish University and the Diplomatic Quarter.
- Park Lane New Capital Compound is only a few minutes away from the Green River.
- Park Lane New Capital Compound is close to Dubai Mall and IL Bosco Compound.
- The project is in proximity to the Government District and the Presidential Palace.
- Park Lane New Capital Compound is just steps away from the Ben Zayed South Axis.
- The project is adjacent to the Medical City and Diamond Hotel.
- Park Lane New Capital Compound is located in close proximity to the Exhibition Ground and Opera House.
The design and space of Park Lane New Capital Compound
Park Lane New Capital Compound extends over an area of 26 acres, taking into consideration contemporary standards for residential complexes. This involves reducing the building footprint to provide extensive green spaces. The distribution of the project’s area is as follows:
- 20% of the total land area is allocated to buildings.
- The remaining 80% is dedicated to landscaping, trees, and natural scenery.
Al-Attal Holding company has adopted a unique blend of antique classical style with a modern touch in the design of Park Lane New Capital Compound, from which it gained its name. The compound’s area is divided into three main zones as follows:
- Public Zone: This area includes commercial units that serve the residents of the compound. It has four sub-gates within the compound and two main gates from the main street.
- Private Zone: This area comprises all residential units and essential services to cater to the needs of the residents.
- Public-Private Zone: It is a mixed area that combines basic and recreational services. It houses the Pavilion Mall, which is part of Park Lane New Capital Compound.
Units spaces in Park Lane New Capital Compound
Park Lane New Capital Compound is considered one of the best residential compounds offering a variety of unit sizes to suit a wide range of customers. The residential units available in the compound include studios, apartments, and duplexes, with the following approximate space:
- Studios starting from 65 square meters.
- One-bedroom apartments starting from 100 square meters.
- Two-bedroom apartments starting from 115 square meters.
- Three-bedroom apartments starting from 170 square meters.
- Duplex units starting from 255 square meters.
Services of Park Lane New Capital Compound
- Various swimming pools.
- Green spaces and artificial lakes.
- Security services and surveillance cameras.
- Garages and public parking areas.
- Health club with a spa and gym.
- Suspended bridges connecting buildings.
- Buildings with reading rooms and a central restaurant.
- Cinema hall.
- Walking paths and jogging tracks.
- Entertainment areas for children.
- Pharmacies and hypermarkets.
- Cafes and restaurants.
- Entertainment club.
- Sports club.
- Centralized satellite TV system.
- Medical center.
- Social centers.
- Skyline lounge.
Features of Park Lane New Capital Compound
- Park Lane New Capital Compound boasts unique architectural designs that are unprecedented in New Capital.
- The compound offers a complete range of essential and recreational services.
- With a variety of unit sizes, it caters to different customer segments.
- Park Lane New Capital Compound has 3 main entrances (one for the commercial area and two for the residential area).
- The compound provides the necessary privacy for its resident
Disadvantages of Park Lane New Capital Compound
Some may believe that the splendor of this residential complex will not be complete without the private villas, especially for those seeking full privacy and spacious areas. However, the compound targets a specific customer segment while also providing ample spaces in duplex units.
Payment systems and prices of Park Lane New Capital Compound
- The price per square meter starts from 11,806 Egyptian Pounds.
- Studio prices start from 930,000 Egyptian Pounds.
- Apartment prices start from 1,337,000 Egyptian Pounds. Duplex prices start from 2,980,000 Egyptian Pounds.
- The owner company offers a payment plan with a 10% reservation down payment and installment over 8 years.
The Pavilion Mall
- It is located within Park Lane Compound in the Seventh District.
- It extends over an area of 13,000 square meters.
- It is estimated at 8% of the unit’s price.
- It ranges between 18% and 22%.
- It includes commercial, administrative, and medical units.
- Commercial units start from 30 square meters.
- Administrative units start from 30 square meters.
- Central air conditioning system to ensure a comfortable living environment.
- Internet services to keep residents connected and facilitate communication.
- Kids’ entertainment area to provide a fun and safe space for children to play.
- Private garage to offer secure parking for residents.
- ATM machines for easy access to banking services within the compound.
- Gym facility to promote fitness and a healthy lifestyle.
- Internal intercom system for efficient communication within the compound.
- Surveillance cameras to enhance security and monitor the premises.
- 24/7 security and guards to ensure the safety of residents.
- Firefighting systems to protect against potential fire hazards.
- Solar panels to harness solar energy and promote sustainability.
- Sky lagoon, a unique feature adding aesthetic appeal and relaxation areas.
- Green spaces and landscapes to create a serene and natural ambiance.
- The price per square meter for administrative units starts from 27,000 Egyptian pounds.
- The price per square meter for commercial units starts from 45,000 Egyptian pounds.
- A payment system is available for customers to pay a 10% down payment and the rest can be paid in installments over 6 years.
The Owner Company
Park Lane New Capital Compound is affiliated with Elattal Holding, a company that began its activities in 1948 as a leading company in the field of iron and steel. Later, the company ventured into real estate development and investment, becoming one of the top real estate companies in Egypt. Through its successful ventures, Elattal Holding has built a large customer base and established a strong reputation in the real estate market.
Some of the notable previous projects of Elattal Holding include:
- Seventy Seven Business Complex New Capital.
- Several towers in Garden City and Nasr City.
- Construction of the embassies of Bahrain, Qatar, Malaysia, and others.
- Development of various projects in New Cairo.
Real estate transactions are crucial decisions in an individual’s life, and with the spread of various real estate scams and unreliable companies, the real estate website Korastsherot offers you a select group of the most prominent experts in the Egyptian real estate market to assist you in making a well-informed buying decision.
The real estate developer
The project’s location
The project’s area