Ramatan Developments has unveiled its flagship mixed-use development in Egypt’s New Administrative Capital, a 20.5-feddan project with total investments of approximately EGP 5 billion, including EGP 1.5 billion dedicated to its commercial component.
The development comprises 768 residential units, with only 110 units still available for sale, alongside 11 standalone villas. The project also features a 2,000-square-meter shopping mall, 18 retail units, and a medical and administrative complex offering 40 units per floor across the ground, first, and second floors. Construction is progressing according to schedule, with the company targeting delivery of the entire project within two years.
Against this backdrop, the National Bank of Egypt (NBE), represented by its Investment Trustees Department, has signed an agreement with Ramatan Developments to market a selection of fully finished residential units within the project, offering flexible payment plans of up to 10 years.
The agreement reflects NBE’s commitment to supporting investment opportunities and strengthening strategic partnerships with leading real estate developers while providing customers with premium residential and investment offerings.
Strategic Partnership
The collaboration between the National Bank of Egypt’s Investment Trustees Department and Ramatan Developments underscores the bank’s strategy of supporting high-quality real estate developments through partnerships with reputable developers, creating attractive opportunities for both homeowners and investors.
Supporting Sustainable Urban Growth
The partnership also reflects the growing integration between Egypt’s banking and real estate sectors, in line with the government’s vision to accelerate sustainable urban development and expand investment in new cities, particularly the New Administrative Capital.
Ready-to-Move-In Homes
Ramatan Developments said the residential units offered under the agreement are fully finished and ready for immediate delivery, having been developed in accordance with modern architectural standards and high-quality specifications to meet the needs of both end-users and long-term investors.
Flexible Financing Solutions
A key feature of the offering is the availability of installment plans extending up to 10 years, enabling buyers to own residential units through convenient financing solutions designed to support long-term investment and homeownership.
Integrated Community
Located in a prime area of the New Administrative Capital, the project offers an integrated lifestyle with landscaped green spaces, retail outlets, recreational facilities, security services, and maintenance, creating a modern and sustainable residential environment.
Strengthening Confidence in Egypt’s Property Market
The partnership between the National Bank of Egypt’s Investment Trustees Department and Ramatan Developments highlights ongoing efforts to deliver premium residential and investment opportunities through ready-to-move-in homes, strategic locations, and flexible financing options. The agreement also reinforces confidence in Egypt’s real estate sector and further positions the New Administrative Capital as one of the country’s most attractive investment destinations.
