Egypt’s Hometown Developments launches Lafayette mall in New Administrative Capital – ZAWYA

  • Date: 30-Jun-2020
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Egypt’s Hometown Developments launches Lafayette mall in New Administrative Capital – ZAWYA

Egypt's Hometown Developments launches Lafayette mall in New Administrative Capital | ZAWYA MENA Edition HomeProjectsArticleEgypt's Hometown Developments launches Lafayette mall in New Administrative Capital Company plans to announce its third mall in the new capital by year-end    Rendering of Lafayette mall in Egypt's New Administrative Capital. Egypt's Hometown Developments announced on Sunday the launch of its second mall project in the New Administrative Capital (NAC).The company's Chairperson Diaa Farag told Zawya Projects that the 25,000-square metre Lafayette Mall, which is being developed at an investment of 3 billion Egyptian pounds ($185 million), would be delivered by May 2023 in three phases.He said 2 billion pounds ($123 million) is the estimated construction cost while 500 million pounds ($31 million) was the land cost.The company's Chairperson Diaa Farag told Zawya Projects that the 25,000-square metre Lafayette Mall, which is being developed at an investment of 3 billion Egyptian pounds ($185 million), would be delivered by May 2023 in three phases.Egypt's Hometown Developments announced on Sunday the launch of its second mall project in the New Administrative Capital (NAC).He said 2 billion pounds ($123 million) is the estimated construction cost while 500 million pounds ($31 million) was the land cost.In a related