By Hamed Mahmoud
El-Batal Group for Housing and Development has announced the launching of “Rock Capital 1”, its first administrative project in the Egyptian market, located in the New Administrative Capital, with LE2 billion in investments. The announcement was made in the presence of Eng. Emad Doss, CEO of El-Batal Group for Housing and Development, and Yousef Samir, El-Batal Group Commercial Director.
With its unique open panoramic view of the presidential gardens and palace, Rock Capital’s strategic location puts all its business units within close proximity from all major landmarks, including the Ministries and the Central Bank, along with all the cultural hubs like the Opera House and the Knowledge City, and minutes away from the new capital airport and foreign embassies. The project is planned for delivery by the end of 2023, and it consists of 2 underground parking levels, 1 ground floor, and 7 upper floors. The complex total BUA is nearly 100,000 m2 of office spaces and amenities, complemented with 4,000 m2 of interconnected atria & terraced gardens and a 22,000 m2 to accommodate the needs of all its employees.
“Rock Capital 1 relays on a long expertise since 1978, with more than 40 years of experience and successes in Egypt and Canada. We envisioned it as a testimony to our capacity as a major developer in the real estate market.” Eng. Emad Doss, CEO of El-Batal Group, noted.
In his closing remarks, Emad Doss revealed that El-Batal Group will deliver phase 1 of the first three compounds Rock Eden, Rock Ville, and Rock Vera by the end of this year, 2021. “The Rock Project Chain is a manifestation of our quest to create a breakthrough in the Egyptian market, with unprecedented levels of innovation, quality, and attention to details, which enables us to provide our client with a fully-fledged experience in every one of our projects.” Doss concluded.