- The Company celebrates its success being the first private developer to start deliveries in the New Capital through IL BOSCO the flagship project
Cairo, Egypt: Misr Italia Properties (MIP), the leading Egyptian real estate developer, has announced the launch of two new phases in IL BOSCO its flagship project in the New Administrative Capital, “The Park” and “The Cliff”. The announcement came during a press conference held to celebrate the delivery of the first phase of IL BOSCO, where Misr Italia Properties has managed to be the first developer from the private sector to deliver in the New Capital.
The new launches cater to a wider segment of MIP’s customers by providing more options to choose from. “The Park” introduces Architec and Architec+ Buildings with luxury apartments that offer state-of-the-art smart housing solutions for a more effective and eco-friendly lifestyle. The revolutionary features range from keyless home entry solutions, QR codes for guests and smart lighting systems and Triple play technology. The buildings also house a smart co-working space that caters to the growing trend of working from home following the COVID-19 outbreak, equipped with cutting-edge facility management solutions and sound system in the common areas. For the first time in IL BOSCO, Misr Italia Properties launches Sky Villas on higher floors, Garden Villas on ground and 1st floor & Garden Terrace Apartments with spaces ranging from 161 m2 to 315 m2. Apartments come in two-bedroom or three-bedroom models and the sizes vary between 122 m2 to 185 m2. Architec and Architec+ buildings are scheduled to be delivered by 2024.
“The Cliff” villas are the most spacious, single-family homes in IL BOSCO. “The Cliff” villas offer picturesque scenery overlooking the Creek, a river-like water feature flowing through IL BOSCO, and the iconic Vertical Forest with their unique green plantations all year round. Designed to ensure convenience for “The Cliff” residents, a community center will be operating with open terraces, a unique swimming pool, and a fine dining restaurant. In addition to the unique landscape, “The Cliff” villas are primly located near the liveliest parts of the community; the commercial zone and the community center; and have easy access to the project gates. The villas come in town houses, twin houses, standalone, Creek Villas and Cliff Villas, with spaces ranging from 258 m2 to 638 m2.
“Listening to our customers’ dreams and aspirations are the foundation of our inspiration in terms of project locations, concepts and designs.” said Mohamed Khaled El Assal, CEO of Misr Italia Properties. “We pride ourselves in being the first real estate developer from the private sector to deliver our project at the New Capital with Phase I of IL BOSCO delivered ahead of schedule in 2020. With the launch of “The Park” buildings and “The Cliff” villas, we ensure our commitment to providing top-notch projects and carrying on with our ambitious plans for the Egyptian market” he added.
Spanning over 207 acres, IL BOSCO lies in the heart of the New Administrative Capital in proximity to many landmarks that include but are not limited to the Opera House, the Diplomatic District, the Investment Zone, and the Academic City. With vast greenery, the Vertical Forest, quiet meadows and water features, IL BOSCO is poised to become the first of its kind in the Middle East and North Africa in terms of integrating nature with high-end living spaces and one of the largest environmentally friendly projects in Egypt. The company offers competitive installment plans over 9 years with 5% down payment.
Starting 2021 on a positive note, this is the second launch for Misr Italia Properties this year following the successful launch of Allure 2.0 at Cairo Business Park, MIP's leading administrative project in New Cairo.
About Misr Italia Holding:
Misr Italia Holding has been at the vanguard of developing Egypt’s leading real estate market for years. It is known for providing paramount projects for residential, commercial, coastal, and hospitality properties across Egypt. The company’s land bank stretches across Egypt with 11 residential projects, nine commercial projects, five luxury hotels and 6,000 delivered units. Flagship projects include IL BOSCO, VINCI & VINCI Street in the New Administrative Capital, La Nuova Vista, Garden 8, Cairo Business Park and Hilton Garden Inn in New Cairo, Kai Sokhna and Hilton Ain El Sokhna Sokhna, Kai Sahel, and IL BOSCO City in Mostakbal City.
© Press Release 2021