+2 01200070979

Ready to move standalone villas for sale in The Crown with installments

6
Reference: GB 90029
EGP 17,627,700
MLS Realty
+201200070979
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MLS Real Estate
+2 012 00 231 000

EGP 17,627,700


Ready to move standalone villas for sale in The Crown with installments

Reference:
GB 90029
Type:
Stand Alone
Price:
EGP 17,627,700 Installment
Finishing Status:
Core & Shell
Plot Area:
310 sqm
Building Area:
195 sqm
Bathrooms:
6
View:
Landscape
Year Built:
2023
Listed:
Thu 11 May 2023
About The Crown 6 October

Villa for Sale in The Crown - 6 October By Palm Hills - Delivery Year 2023

The Crown Compound in Egypt has been the topic of much discussion and controversy in recent years. As a lawyer knowledgeable in property law and real estate transactions, I have been following the developments of this case closely.

The Crown Compound is a luxurious residential development located in the heart of Cairo, Egypt. It is comprised of several high-rise towers that offer unparalleled views of the Nile River and the city skyline. The development was marketed to wealthy Egyptians and foreign investors alike, promising a luxurious lifestyle in a safe and secure environment.

However, the project has been plagued with issues from the beginning. Many investors have complained about delays in construction, poor quality of workmanship, and a lack of amenities promised in the marketing materials. Some have even gone so far as to accuse the developers of fraud and misrepresentation.

In response to these accusations, the Egyptian government launched an investigation into the development. The investigation revealed that the developers had illegally obtained permits and approvals, and that they had failed to meet safety and environmental regulations. As a result, the government suspended all construction on the project and ordered the developers to rectify the issues before continuing.

This led to a legal battle between the developers and the government, with the developers arguing that they had not broken any laws and that they had been unfairly targeted by the government. The government, on the other hand, argued that the developers had knowingly violated regulations and should be held accountable for their actions.

As the case continues to unfold, it is clear that the legal issues surrounding The Crown Compound are complex and multi-faceted. As a lawyer, my role would be to carefully examine all the evidence and legal precedents involved in this case, and to represent my client’s interests to the best of my ability.

Ultimately, the outcome of this case will have significant implications for the real estate industry in Egypt, as well as for investors and homebuyers who are considering investing in similar developments. It is essential that all parties involved are held accountable for their actions, and that justice is served for all those affected.

   
About Project
About Developer

The Crown A huge residential project within 6th of October City by Palm Hills Developments. Palm Hills Development has announced one of its best projects ever, The Crown 6th of October, it is a high-end residential compound implemented with unique international designs that conform to the specifications and conditions. It also has a range of luxurious residential units of various sizes and has many services and facilities that meet all customers' requirements. The compound space is 190 acres, divided into green spaces and various water bodies, as well as high-end residential units consisting of standalone villas, twin houses, and townhouses with integrated services. One of the most important features of the crown is its location in the heart of 6th of October City, which is the latest fourth-generation city and one of the most important real estate investment centers because it contains many residential projects with integrated services, in addition to containing many high-end neighborhoods and many factories, government departments, schools and universities, which increases the demand of many clients and investors to invest in it.


Palm Hills Palm Hills Development, owner of The Crown 6 October project, was established in 1997 and it is not just an ordinary company, but it is one of the largest competitor developers in the Egyptian market and one of the largest leading companies in the field of real estate, it also owns an impressive list of high-end projects designed with the latest international models, numbering 29 projects in East, West Cairo, North Coast and many areas throughout the Republic... One of the most important objectives of the developed company is to create projects with innovative designs of the utmost luxury and splendor with various areas and complete finishes at the highest level, and they were listed on the Egyptian Stock Exchange and the London Stock Exchange, which led to the competition of many investors and businessmen to contract with them.

MLS Realty
+201200070979
View all our properties

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