Cairo - Mubasher: Palm Hills Development sold 240 units in ‘Capital Gardens’ project in East Cairo, within less than two days, said CEO Tarek Abdel Rahman.
The value of the 240 units amounts to nearly EGP 327 million ($42 million), noted Abdel Rahman.
The development of ‘Capital Gardens’ to be carried out by Palm Hills Development in partnership with Madinet Nasr Housing.
Palm Hills announced on 2 December signing a Memorandum of Understanding (MoU) with Madinet Nasr to carry out the new project, which is located in New Cairo over an area of 103 feddans.
The project will be carried out over four phases, the first of which will be started this month.
