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Golden House launches EGP 600m project in New Cairo

Golden House launches EGP 600m project in New Cairo
The project includes a total of 108 diverse units with various areas

Cairo – Mubasher: Golden House Real Estate Investment Company has launched the Rio Complex project in New Cairo, with a medical-administrative activity at an investment cost of EGP 600 million.

Built on an area of 1,600 square metres (sqm), the project includes about 4,600 metres of sales area with a total of 108 diverse units with various areas, starting from 31 sqm, the company's Chairman, Hady Shandy, said in a press release. 

The company has started construction on the project and will complete the project according to the timetable. It is scheduled to be opened in mid-2023.

Moreover, the real estate firm has recently launched the third phase of its Roses project in the New Administrative Capital, after the marketing phase of the first and second phases of the project completed in a record time. The 22-acre housing project is located in the R8 neighbourhood.

The built-up area makes up 20% of the total area of the project which features green spaces, artificial lakes, social clubs, and a restaurant area.