Modon Developments, a leading real estate development company in Egypt, has recently unveiled its latest project, The Tower New Administrative Capital. The Tower is a mixed-use development that comprises commercial, residential, and hotel units. The project is in the heart of the New Capital and is characterized by its impressive location and modern design.
The Tower is a cultural shift in Egyptian architecture, designed to have a head start in creating one of the largest inclusive hotels in Downtown New Capital. In collaboration with an Egyptian partner, the Kuwaiti company Modon Developments has invested heavily in the project to ensure it meets international standards. The Tower is a fully finished and furnished administrative project that falls under the management of Facil International Company for Hotel Management.
The Tower New Administrative Capital is a significant addition to the real estate landscape in Egypt. The project is expected to attract local and international investors, as it offers a unique opportunity to invest in a mixed-use development in one of the most sought-after locations in the country. With its impressive location, modern design, and world-class amenities, The Tower is set to become a landmark in New Capital and a symbol of the country’s growing real estate sector.
Overview of Modon Developments
History and Vision
Modon Developments is a leading real estate development company in Egypt, with a strong presence in the Egyptian market. The company was founded in 2014 and has since completed over 80 projects in various sectors, such as residential, commercial, and administrative. Modon Developments is committed to providing high-quality projects that meet the needs of its clients.
The company’s vision is to pioneer the real estate development industry in Egypt and the Middle East by providing innovative and sustainable projects that contribute to developing the communities in which they operate. Modon Developments is dedicated to quality, transparency, and customer satisfaction.
Key Projects and Achievements
Modon Developments has several ongoing projects, including The Tower – New Administrative Capital, Modon Mega Tower, and the Modon Hotel & Residence. The Tower – New Administrative Capital is a mixed-use development that comprises commercial, residential, and administrative units. The project is situated in the center of the New Administrative Capital, which is expected to develop into Egypt’s new financial and administrative center.
Modon Mega Tower is another mixed-use development that comprises commercial, residential, and hotel units. Situated in the New Administrative Capital, the project aims to become one of Egypt’s tallest structures. The Modon Hotel & Residence is a luxury and residential project offering high-end amenities and services.
Modon Developments has achieved several milestones since its inception, including completing over 80 projects, winning several awards, and establishing itself as a leading real estate development company in Egypt. The business has established a solid reputation as a dependable and trustworthy partner in the sector thanks to its dedication to quality and customer satisfaction.
In conclusion, Modon Developments is a reputable real estate development company in Egypt that has completed over 80 projects and has several ongoing projects in the Egyptian market. The business has established a solid reputation as a dependable and trustworthy partner in the sector thanks to its dedication to quality, transparency, and customer satisfaction.
The Tower at New Administrative Capital
Project Significance
The Tower at New Administrative Capital is a project by Modon Developments, a joint Egyptian-Kuwaiti production. It is a cultural shift in Egyptian architecture and is one of the largest inclusive hotels in Downtown New Capital. The Tower is a mixed-use development that includes hotel apartments, administrative units, and commercial spaces. It is strategically located in the heart of New Capital, making it easily accessible from all parts of the city.
The Tower project at New Administrative Capital is significant because it is a part of the master plan for the new capital. It is a flagship project that sets the standard for future developments in the area. The Tower is a symbol of the new Egypt, a modern and dynamic country that is open for business and investment.
Design and Architecture
The Tower at New Administrative Capital is a masterpiece of modern architecture. DMA designs it for Designs and Engineering Consultancy, a leading architecture firm in the region. The Tower is a 70-story building that stands at a height of 385 meters. It is divided into three main sections: the hotel apartments, the administrative units, and the commercial spaces.
The Tower’s design is inspired by the Green River Tower in China, known for its unique shape and greenery. Smaller towers surround the main, iconic Tower in The Tower at New Administrative Capital. With all of the greenery covering it, the central Tower lowers the building’s carbon footprint and gives insects and birds a natural place to live.
Development Phases
The Tower at New Administrative Capital was launched in early 2021. The project is being developed in several phases, with the first phase expected to be completed by 2024. The first phase includes the construction of the hotel apartments and the administrative units. The commercial spaces will be developed in later phases.
The Tower project at New Administrative Capital is a major investment in the future of Egypt. It is a symbol of the country’s commitment to modernization and development. It is anticipated that the Tower will bring a large number of tourists and investors to the new capital, stimulating the local economy and generating employment.
Location and Connectivity
Proximity to Key Landmarks
The Tower New Administrative Capital by Modon Developments is strategically located in the heart of the downtown area of the New Administrative Capital. The prime location of the Tower makes it easily accessible from all parts of the city, with major landmarks nearby.
The Tower is situated in the central business district of the New Administrative Capital, surrounded by a host of commercial and business establishments. The Tower is just a five-minute walk from the beautiful green river, offering a serene atmosphere amidst the hustle and bustle of the city.
Access to Transportation
The Tower New Administrative Capital is well-connected to the rest of the city through various modes of transportation. The Tower is located just a few minutes away from the Monorail Station, which offers easy access to all parts of the city.
The Monorail is a state-of-the-art transportation system that is designed to provide fast and efficient transportation to commuters. For those who must travel long distances, it is a dependable and practical form of transportation.
Besides the Monorail, the Tower is well-connected to the rest of the city through a network of roads and highways. The Tower is ideally located for companies and commercial establishments because it is easily accessible from all parts of the city.
Overall, The Tower New Administrative Capital by Modon Developments is in a prime location in the heart of the downtown area of the New Administrative Capital. With its proximity to key landmarks and easy access to transportation, the Tower offers a convenient and efficient location for businesses and commercial establishments.
Residential and Commercial Offerings
Modon Developments is Egypt’s leading real estate development company with a strong presence in the New Administrative Capital (NAC). The company offers a variety of residential and commercial properties to meet the needs of its diverse clientele.
Residential Units and Compounds
Modon Developments offers a range of residential units and compounds in the New Administrative Capital. The company’s residential offerings include apartments and sky villas that offer a luxurious and comfortable living experience. The units are equipped with modern amenities and are available in various sizes to suit the needs of different families.
The company’s residential compounds are designed to offer a complete living experience to its residents. The compounds have various amenities like swimming pools, gyms, and parks. They also have 24/7 security to ensure the safety of the residents.
Commercial Units and Amenities
Modon Developments offers a range of commercial units in the New Administrative Capital. The company’s commercial offerings include administrative units, shops, restaurants, and cafes. The commercial units are designed to offer the tenants a modern and comfortable working environment.
The company’s commercial amenities are designed to offer a complete working experience to the tenants. The amenities include high-speed internet, 24/7 security, and parking facilities. The commercial units are available in various sizes to suit the needs of different businesses.
In conclusion, Modon Developments offers a range of residential and commercial properties in the New Administrative Capital. The company’s offerings are designed to offer its clients a luxurious and comfortable living and working experience.
Hospitality and Leisure Facilities
Hotel Apartments and Management
The Tower New Administrative Capital by Modon Developments offers fully finished and furnished hotel apartments managed by Facil International Company for Hotel Management. The apartments are available in different sizes, ranging from studio to three-bedroom units, and are designed to cater to the needs of business and leisure travelers. The Tower also features a hotel tower that includes luxurious rooms and suites with panoramic views of the city.
Modon Hotel & Residence is another project by Modon Developments located in the New Administrative Capital that offers hotel and residential units. The hotel features modern amenities and facilities, including a gym, spa, and swimming pool.
Recreational Amenities
The Tower New Administrative Capital offers its residents and guests a wide range of recreational amenities. The development features artificial lakes and landscaped gardens that provide a serene and peaceful relaxing environment.
A gym, swimming pools, and other fitness and sports facilities are also available at The Tower. The swimming pools offer a cool way to cool off during the hot summer months, and the gym is furnished with cutting-edge equipment and offers a variety of fitness classes.
In order to aid visitors in relaxing, the development also has a spa with a variety of treatments and therapies. The spa is designed to provide a tranquil and peaceful environment and features a range of treatments, including massages, facials, and body treatments.
All things considered, The Tower New Administrative Capital by Modon Developments provides a variety of top-notch recreational and hospitality options to meet the demands of both business and leisure travelers. The Tower is the ideal location for individuals seeking a comfortable and leisurely stay in the center of the New Administrative Capital because of its opulent hotel apartments, hotel tower, and recreational facilities.
Investment Opportunities
Pricing and Payment Plans
For those wishing to make real estate investments, Modon Developments’ Tower New Administrative Capital provides a variety of options. The available units in The Tower include hotel apartments and administrative units, with prices starting from 850,000 EGP for the former.
The pricing of the administrative units starts at 20,000 EGP per square meter, with the units being delivered fully finished. On the other hand, the hotel apartments are delivered with full finishing at a starting price of 849,000 EGP. Investors have a fantastic opportunity to purchase real estate in a promising area in the center of the Administrative Capital at these competitive prices.
Modon Developments has also provided flexible payment systems for The Tower, with customers paying a down payment of 10% and the repayment periods extending up to 10 years without interest. This makes it easier for investors to manage their finances and invest in high-quality development.
Real Estate Market Insights
The Tower New Administrative Capital is in a promising area expected to grow significantly in the coming years. The new capital is an integrated city with all the features and services individuals and families need, making it an attractive location for real estate investment.
The real estate market in Egypt has been growing steadily in recent years, with the government investing heavily in infrastructure and new developments. This has led to an increase in demand for high-quality real estate, particularly in the new capital.
Investing in The Tower New Administrative Capital by Modon Developments offers a great opportunity for investors to capitalize on Egypt’s growing real estate market. With competitive prices, flexible payment plans, and a promising location, The Tower is an investment opportunity that should not be missed.
Sustainability and Technology
Green Initiatives
Modon Developments has significantly promoted green initiatives in their projects. The Tower in the New Administrative Capital is no exception. The developer has incorporated various green features, such as green spaces and a central air conditioning system, to reduce the building’s carbon footprint. The Green River Tower, a new project by Modon Developments, is also expected to follow the same trend. The Tower, which is set to be launched soon, is said to have green spaces and other eco-friendly features.
Smart Infrastructure
Modon Developments has also invested in smart infrastructure to enhance residents’ living experience. Surveillance cameras and electronic gates are some of the security features implemented in The Tower. The developer has also incorporated smart technology in the building’s infrastructure to reduce energy consumption. For instance, the central air conditioning system is designed to adjust the temperature based on the number of people in the room, which helps to save energy.
In conclusion, Modon Developments has demonstrated a commitment to sustainability and technology in their projects. The Tower and the Green River Tower are examples of how developers incorporate green initiatives and smart infrastructure in their buildings.
Safety and Security Features
Security Systems
The Tower New Administrative Capital Modon Developments prioritizes its residents’ and visitors’ safety and security. The Tower has state-of-the-art security systems, including CCTV cameras and 24/7 security personnel. The security systems are designed to monitor and detect suspicious activity and respond promptly to potential threats.
The Tower also has a secure access control system that ensures only authorized personnel and residents can access the building. The access control system uses biometric identification and smart cards to ensure maximum security.
Emergency Services
The Tower New Administrative Capital Modon Developments has a comprehensive emergency response system to ensure its residents’ safety. It has a dedicated emergency response team available 24/7 to respond to emergencies.
The Tower is also located in an area with easy access to hospitals and emergency medical services. In a medical emergency, residents can quickly reach one of the nearby hospitals for immediate medical attention.
Overall, The Tower New Administrative Capital Modon Developments is a safe and secure place to live or visit. The Tower’s security systems and emergency response team ensure that residents and visitors can enjoy a peaceful and secure environment.
Construction and Delivery
Timeline and Milestones
Modon Developments has announced that constructing The Tower in the New Administrative Capital will take four years to complete. The Tower will have 30 stories and be located on the Mohammed bin Zayed axis, next to the monorail station. The company’s CEO, Ahmed Osama, has also stated that they intend to begin the delivery process before the contracting deadline.
The construction of The Tower is expected to be completed in phases, with the ground floor and commercial units being the first to be finished. The company has not released any specific dates for the completion of each phase, but they have stated that the phase due to be completed in March 2021 was over 15,000 square meters.
Quality and Finishing Standards
Modon Developments is committed to delivering high-quality finishes for The Tower. The company has stated that the units will be fully finished and furnished and meet the highest quality and luxury standards. The Tower will include commercial and administrative units and fully equipped hotel units under the auspices of the Royal Maxim brand.
The company has not released specific information about the finishes used in The Tower but stated that they will meet the highest quality standards. The Tower will be equipped with state-of-the-art facilities and amenities, including a gym, swimming pool, and spa.
Modon Developments is known for its commitment to quality and luxury, and The Tower is expected to be no exception. The company has a reputation for delivering high-quality projects on time and within budget, and they are confident that The Tower will succeed.
Partners and Collaborations
Strategic Partnerships
Modon Developments has formed strategic partnerships with several trusted companies to ensure the success of its projects. One of its key partners is Facil International Company for Hotel Management, which manages The Tower – New Capital’s administrative project. Additionally, the company has formed partnerships with leading companies in construction, engineering, and architecture to ensure the highest standards of quality and innovation in its developments.
International and Local Alliances
Modon Developments has established strong relationships with international hotels and brands to offer unparalleled services and amenities to its customers. For example, the Tower – New Capital offers fully finished and furnished administrative units managed by Facil International Company for Hotel Management. The company has also partnered with Emirati and Kuwaiti investors to ensure the success of its projects and expand its reach in the region.
Modon Developments’ commitment to excellence and innovation has earned it a reputation as a trusted developer in Egypt and beyond. Its partnerships and collaborations with leading companies and investors demonstrate its dedication to providing exceptional services and amenities to its customers.
Frequently Asked Questions
What are the starting prices for properties in The Tower at the New Administrative Capital?
The Tower at the New Administrative Capital by Modon Developments offers a range of properties at different prices. The starting prices for hotel apartments in The Tower start at 850,000 EGP. However, the prices for other types of units may vary.
What amenities are offered by Modon Developments in The Tower project?
Modon Developments offers its residents a wide range of amenities in The Tower project. The Tower provides a fully-furnished hotel apartment with a private bathroom and a kitchenette. The project includes a gym, a swimming pool, and a spa. The Tower also provides a conference room, a business center, and a rooftop restaurant.
How can one purchase a unit in The Tower by Modon Developments?
To purchase a unit in The Tower by Modon Developments, interested buyers can visit the sales office located in the New Administrative Capital or contact Modon Developments’ sales team. The customer pays 10% as a downpayment, extending the repayment period to 10 years without interest.
What is the expected completion date for The Tower in Egypt’s New Administrative Capital?
The Tower by Modon Developments will be completed in 2023. The project is currently under construction, and the developer is working hard to ensure that the project is completed on time.
What types of units are available in The Tower by Modon Developments?
The Tower by Modon Developments offers a range of units to its residents, including hotel apartments, administrative offices, and retail spaces. The hotel apartments are fully furnished with a private bathroom and a kitchenette. The administrative offices are designed to meet the needs of businesses and provide a professional working environment.
How does The Tower project contribute to the overall plan of Egypt’s New Administrative Capital?
The Tower project is a part of the overall plan for Egypt’s New Administrative Capital. The development of The Tower aims to provide a modern and luxurious living experience to the residents of the New Administrative Capital. The project is expected to contribute to the country’s economic growth by attracting local and foreign investments.
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