the New Capital is an urban boom that has brought about a major cultural shift in recent decades.
As it was characterized by a set of characteristics of fourth-generation cities around the world, starting from the integrated infrastructure to the record numbers that it was able to achieve, whether in public landmarks or residential and investment projects, but despite that, it fell into some defects<\/p>\n\n\n\n
The disadvantages of investing in the New Capital represent a turning point for some investors, especially beginners, as the New Capital project is not suitable for all sects of Egyptian society<\/p>\n\n\n\n
Before presenting all the disadvantages of investing in the Administrative Capital, we come up with some of its advantages, as the city has many characteristics that are considered one of the main ingredients in the field of real estate investment
Therefore, the attention of capital owners from inside and outside Egypt turned towards investing in it, as the state, represented by the Urban Communities Authority, welcomed it to contribute to the development of the city and promote its projects<\/p>\n\n\n\n
Here we review the most important advantages of investing in the New Capital:<\/p>\n\n\n\n
The Capital project is uniquely located in an important strategic location on the most important main roads and near the most prominent cities:<\/p>\n\n\n\n
The vast area of the project, which reaches 184 acres, is one of the best features of real estate investment in the Administrative Capital, as the following characteristics were offered:<\/p>\n\n\n\n
The development process has been divided into 3 phases and work is still in progress in the first phase:<\/strong><\/p>\n\n\n\n Some call it the city of records because it contains many important national projects, which increase the real estate value of all projects built on it, so many real estate companies in Egypt go towards it to gain fame along with high feasibility for real estate investment.<\/p>\n\n\n\n The capital represents one of the best areas for real estate investment in Egypt, as it includes the following landmarks:<\/p>\n\n\n\n It is one of the best new Egyptian cities that has a strong and integrated infrastructure, as the New Capital Company adopted, while developing the engineering plans for the city, taking into account its output with the following specifications:<\/p>\n\n\n\n After reviewing some of the advantages of the Administrative Capital, we discuss a group of the most prominent problems that customers may face, whether in the short or long term, during their contribution to real estate investment within it, as we bring a summary of the disadvantages of investment in the New Capital as follows:<\/p>\n\n\n\n One of the most prominent defects of the New Capital and the one that most affects the Egyptian market\u2019s customers is the prices that are not compatible with different social groups and segments. A summary of the prices is as follows:<\/p>\n\n\n\n With continuous planning to provide a public transportation network represented by public transport buses, while waiting for the completion of the electric train and monorail transportation projects, however, it takes more time, which makes access to the capital at the present time largely dependent on private transportation<\/p>\n\n\n\n In addition, there is no internal transportation for transportation, but it is not considered a fundamental disadvantage of investment in the Administrative Capital, as it is one of the normal things that any new city goes through<\/p>\n\n\n\n With the transfer of government agencies and foreign embassies, some fear that there will be a future crowding of the population in the new capital, but this transfer is not complete because it is not expected to make it the capital of Egypt instead of Greater Cairo for several considerations and reasons, The disadvantages of investing in the New Capital are really real defects, and others are due to the personal requirements of customers, which differ from one person to another. In addition, there are some fears or doubts and false information that would create a defect in the city, which we will briefly address in the next paragraph:<\/p>\n\n\n\n There is some circulating information about the investment feasibility in the New Capital, which may be incorrect or constitute individual doubts, so we address some of them as follows:<\/p>\n\n\n\n Is the administrative capital a failed project? Some are wondering about the success or failure of the capital project, and it is among the questions that do not have a realistic answer because the city has not been completed until now. This question arose as a result of the successive economic events in the past years with the change in the exchange rate of the dollar<\/p>\n\n\n\n However, in general, all the data indicate that there is a great future awaiting the capital project and its investors, despite the shortcomings of investment in the Administrative Capital, for several reasons, including the following:<\/p>\n\n\n\n There is some news or information circulating about the cessation of construction work due to the lack of financing for projects, which makes some clients reluctant to enter with their capital in the project, as it is considered one of the defects of investment in the New Capital, but it is incorrect for several reasons, including the following:<\/p>\n\n\n\n Also, within the misinformation, some consider that there is a lack of competence and experience among real estate companies in the New Capital, which bears an aspect of truth, as there are many emerging companies that have entered to offer their first business in the city, but on the other hand, these companies can be divided into the following:<\/p>\n\n\n\n With the mention of real estate companies in the New Capital, we review a group of the most prominent and most effective in achieving investment feasibility in the next paragraph:<\/p>\n\n\n\n The real estate companies in the New Capital vary between long-standing companies with a great history and among recent companies in the Egyptian market, in addition to that there are foreign companies, and below we discuss a group of the most prominent and best:<\/p>\n\n\n\n It is a national company belonging to the Egyptian state, which was launched for the first time in 2017, as it presented many famous projects, such as the following:<\/p>\n\n\n\n One of the best real estate companies in Egypt with a total of 35 years of experience, with a variety of real estate contributions in different cities of Egypt, while its best projects are as follows:<\/p>\n\n\n\n One of the real estate companies with a wide reputation since its inception in 1984, and it is one of the pioneers in the field of real estate investment at the local and international levels, as it owns another branch of the company in France that was established in 1989, and the best projects of Pyramids real estate are as follows:<\/p>\n\n\n\n One of the best real estate companies in the Administrative Capital and Egypt, as it has presented about 6 projects in the New Capital so far as one of the subsidiaries of the Egyptian International Corporation for Construction, while its most prominent projects are as follows:.<\/p>\n\n\n\n One of the real estate companies with long experience in the Egyptian market since 1998. In addition, it has made the Administrative Capital a main destination for investment, as it provided 4 residential projects and a commercial mall, and its most prominent works are as follows:<\/p>\n\n\n\n One of the disadvantages of investing in the New Administrative Capital, which some attribute to startup companies, is represented by real estate companies such as Capital Link Real Estate, where it presented 5 investment projects from the best malls in the Administrative Capital, along with a residential project.<\/p>\n\n\n\n Capital Link’s business can be summarized as follows:<\/strong><\/p>\n\n\n\n Gates Real Estate is one of the pioneers in the real estate field at the level of various Egyptian cities, such as the Administrative Capital, 6th of October City, and Sheikh Zayed.<\/p>\n\n\n\n In conclusion, we have previously mentioned a group of distinguished real estate companies, for example but not limited to, after dealing with the most important disadvantages of investing in the Administrative Capital and its advantages with some brevity<\/p>\n\n\n\n Real estate transactions are one of the crucial decisions in an individual\u2019s life, and with the spread of various real estate scams and unreliable companies, the real estate website Korastsherot <\/a>offers you a selection of the most important experts in the Egyptian real estate market, to help you make a proper purchase decision<\/p>\n\n\n\n Questions that interest you about the New Capital<\/strong><\/p>\n\n\n\n\n
3\/ Landmarks of the New Capital<\/h2>\n\n\n\n
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4\/ Infrastructure of the New Capital<\/h2>\n\n\n\n
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Disadvantages of investing in the New Capital<\/h2>\n\n\n\n
1\/ Prices of the New Capital<\/h2>\n\n\n\n
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The New Capital’s transportation network<\/h2>\n\n\n\n
3\/ Governmental bodies in the Administrative Capital<\/h2>\n\n\n\n
Among them, some foreign embassies enjoy distinguished geographical locations in Cairo, which are difficult to replace<\/p>\n\n\n\nThe feasibility of real estate investment in the New Capital<\/h2>\n\n\n\n
Did the New Capital project fail?<\/h2>\n\n\n\n
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Has construction work stopped in the New Capital?<\/h2>\n\n\n\n
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Do the developers of the New Capital lack real estate expertise?<\/h2>\n\n\n\n
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The best real estate companies in the New Capital<\/h2>\n\n\n\n
City Edge Real Estate Investment Company<\/h2>\n\n\n\n
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Misr Italia Real Estate Company<\/h2>\n\n\n\n
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Pyramids Development and Real Estate Investment Company<\/h2>\n\n\n\n
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Taj Misr Real Estate Development Company<\/h2>\n\n\n\n
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Better Home Real Estate Development Company<\/h2>\n\n\n\n
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Capital Link Real Estate Development and Investment Company<\/h2>\n\n\n\n
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Gates Real Estate Development Company<\/h2>\n\n\n\n
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When will the new capital open?<\/h3>