El-Batal Group for Housing and Development announced achieving highest selling for local and foreigner investors its latest project “Rock Capital 1”, located in the best location of Business District, New Administrative Capital (NAC).
The real estate company attained revenues up to 25% in record time, just by starting for the project’s constructions, and it is expected to double the revenues by the time the Egyptian government moves to NAC next year.
“El-Batal Group” aimed to achieve revenues of LE400 million in “Rock Capital 1” first phase, with total investments of LE2bn, as units will be delivered by the end of 2023.
The unique location of “Rock Capital 1” represents one of success factors for giant projects and investments attraction, as it has an outstanding view over the presidential palace and gardens, in addition to being near from other important features and the airport.
It is also connected to transportation network and key roads, as it is so important for the project’s success.
“El Batal-Group” CEO Emad Doss said that the company has been always keen on providing three key factors for its projects success, the most importantly is selecting the location, as it decided to set up “Rock Capital 1” in a very distinctive place in the heart of (NAC).
Doss added that the company has worked through the past two years on two factors which are the design and administration; as it used the latest construction techniques to introduce new model for administrative buildings in Egypt that could comply with global variables, the needs of multinational companies and major investors.
He noted that the company bore in mind providing services and transportation means that could serve the needs of workers in its projects, in order to achieve the productivity targeted. It also designed the buildings to be suitable for movement for people with special needs.
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