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Last updated: Aug 2024
Nurai is located in New Cairo, Cairo. The developer of Nurai is Mercon Developments. The property types in Nurai Apartment, Duplex with a property size from 85 - 220 Sqm.
The completion date for Nurai is Aug 2028 and the finishing for the properties are Semi Finished.
Reference: https://en.wikipedia.org/wiki/New_Cairo
Mercon Developments is a reputable real estate developer in Egypt that has built a strong reputation over the years for its innovative approach to development and high-quality projects.
History and Overview
Mercon Developments is a subsidiary of Mercon Group, a diversified holding company with interests in various industries, including real estate, construction, and manufacturing. The company was established in 2002, with a mission to provide world-class real estate solutions that meet the highest standards of quality, innovation, and sustainability.
Notable Projects
Mercon Developments has completed several successful projects in Egypt, including residential, commercial, and mixed-use developments. Some of the most notable projects include:
-Porto Cairo Mall: This is a large-scale shopping center located in New Cairo. The mall features more than 300 international and local brands, a cinema complex, and a food court.
-Porto New Cairo: This is a residential and commercial project located in New Cairo. It features a range of apartments, townhouses, and villas, as well as a shopping center, recreational facilities, and a business park.
-Porto Pyramids: This is a mixed-use development located in Giza. It features a range of residential, commercial, and hospitality offerings, including apartments, retail outlets, and a hotel.
Reputation and Achievements
Mercon Developments has built a strong reputation in the Egyptian real estate market for its commitment to quality, innovation, and customer satisfaction. The company has received several awards and recognitions for its outstanding projects, including the African Property Awards, Cityscape Awards, and International Property Awards.
Investment Opportunities and Buyer's Guide
Investing in a Mercon Developments project can be a lucrative opportunity for investors looking to capitalize on the Egyptian real estate market's potential for growth. Here are some important factors to consider when investing in a Mercon Development project:
-Location: The location of the project is a crucial factor to consider when investing in real estate. Mercon Developments' projects are located in strategic areas that offer high potential for growth, such as New Cairo and Giza.
-Quality: Mercon Developments is known for its commitment to quality, and its projects are designed and built to the highest standards. Investing in a Mercon Development project ensures that you are buying a high-quality asset that is likely to appreciate in value over time.
-Payment plans: Mercon Developments offers flexible payment plans that make it easier for investors to invest in their projects. Buyers can choose from a range of payment options that suit their needs, including installment plans and mortgage financing.
-Return on investment: Mercon Developments' projects offer attractive returns on investment, both in terms of rental income and capital appreciation. The company's track record of successful projects and strong reputation in the market make it a reliable investment option.
Reference: https://mercondevelopments.com