Compound Ri8 New Capital
Compound Ri8 New Capital كمبوند رايت العاصمة الإدارية الجديدة is one of the latest projects launched by ERG Developments in cooperation with the Housing and Development Bank, and it is located in District R8 of the New Capital. Ri8 Compound offers luxurious apartments with high-end designs and excellent quality finishing, as well as unparalleled services and entertainment facilities.
Where is Ri8 New Capital Compound located?
Ri8 Compound is located in the heart of the most vital areas of the New Capital, in the second row of the southern Bin Zayed Axis, making it close to the most famous landmarks. Residents of Compound Ri8 New Capital can get anywhere within a few minutes, and they will find all the services they need close to the compound.
Landmarks near Ri8 Compound
- Ri8 New Capital Compound is located 3 minutes from the Green River.
- The distance between Compound Ri8 New Capital and the Central Business District is about 5 minutes.
- Ri8 Compound is a few minutes’ drives from the Government District.
- Ri8 project can be reached from Al-Amal Axis within 10 minutes.
- Compound Ri8 New Capital has a direct view of the Iconic Tower.
- Ri8 project is close to IL Bosco Apartments and ITC Mall.
Compound Ri8 Project Design
Compound Ri8 New Capital has elegant architectural designs, as the company is keen to satisfy those with high taste. They hired Engineer Mohamed Hafez’s Engineering Consultancy Company, which is one of the well-known engineering figures in the capital’s projects. The latest designs are implemented to match the originality of international buildings, as the design of Ri8 Compound is as follows:
- The construction percentage in the Ri8 Compound project is about 18%, and the rest is allocated to green spaces and landscaping.
- Ri8 New Capital Compound has 34 buildings, varying between apartments and duplexes.
- There are 1023 apartments in Ri8 Compound ERG Developments, with 4 apartments on each floor.
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Ri8 Compound New Capital Area
In addition to the diversity in the designs, Ri8 Compound also varies in spaces, as the company aims to satisfy different tastes. They want everyone to have an opportunity to buy the residential unit of their dreams, whether they prefer small or large spaces. The apartment spaces in Compound Ri8 New Capital are shown below:
- Apartments: The space of the apartments in Ri8 New Capital starts from 135 m2.
- Duplexes: The space of duplex apartments in Ri8 Compound starts from 350 m2.
Compound Ri8 New Capital Prices 2023
The prices of Compound Ri8 New Capital are competitive in a way that suits clients, as the company is keen on providing affordable Ri8 unit prices that are reasonable for the features and services provided in Ri8 project. The prices per meter in Ri8 Compound start from 10,800 up to 13,000 EGP.
Compound Ri8 Installments and Reservation
The reservation and installment systems provided by Ri8 ERG Developments complement the facilities provided by the company perfectly so that clients can buy the units for sale without financial obstacles. Ri8 Compound is able to provide convenient installment plans with different systems from which clients can choose. Compound Ri8 down payment and installments are as follows:
- 10% Down Payment and the rest in installments over 7 years.
- 15% Down Payment, then 5% after a year, and the rest in installments over 10 years.
- 25% Down Payment, 25% discount, and the rest in installments over 4 years.
- Pay the unit price in cash and get a 45% discount.
- Delivery of the units for sale in Ri8 Compound is within a year.
- The EOI of reservation in Ri8 New Capital is 20,000 EGP, to be fully refunded without any administrative expenses.
- Garage Fees: 80,000 EGP, optional during the launch period.
- Club Fees: 40,000 EGP, optional during the launch period.
- After the end of the launch period, garage and club fees will be mandatory.
Ri8 Compound New Capital Video
Services and Facilities of Compound Ri8 New Capital
Compound Ri8 New Capital has been keen to meet all the needs of clients with a multitude of services and entertainment facilities that will make their lifestyle more comfortable and luxurious. The facilities and services in Ri8 New Capital Compound are as follows:
- There are 2 elevators in each building in Compound Ri8 New Capital, in order to facilitate movement for the residents.
- Ri8 Compound has swimming pools of the highest standard, which residents can go to at any time for recreation.
- Women have complete freedom to enjoy their special times, through the covered swimming pools located in Compound Ri8 New Capital.
- The residents of Ri8 Compound can get everything they need through the service mall.
- Residents can park their cars anywhere they wish near their units because Ri8 ERG Developments has private parking garages.
- There are gyms in Ri8 Compound, which help residents to exercise constantly to maintain their fitness.
- Ri8 project also has jogging and cycling tracks to provide the appropriate space for lovers of this hobby.
- Ri8 New Capital contains cafes and restaurants that serve the most delicious dishes desired by the residents.
- There are gardens and green spaces in the Ri8 project, where families can spend special times on weekends and evenings.
- Children have the opportunity to enjoy their special times with their families, through the kids’ areas located in Compound Ri8 New Capital.
- Security and guard personnel work throughout the day in Ri8 New Capital, in order to achieve safety for the residents.
- Maintenance and cleaning services are available at Compound Ri8 New Capital so that the units look decent all the time.
- Advanced surveillance cameras are deployed in Ri8 Compound, in order to achieve maximum safety among residents.
Advantages of Compound Ri8 New Capital
In Compound Ri8 New Capital, residents will find all the features needed in a residential unit, like an ideal location in one of the most vital areas. Ri8 project provides a variety of spaces at competitive prices, in addition to convenient payment plans, so that residents can enjoy all the services and facilities that Ri8 Compound offers.
Disadvantages of Compound Ri8 New Capital
Despite the many advantages that make Ri8 ERG Developments a unique compound, some may believe that the delivery date of the units is too far because they would like to invest in a unit immediately. However, the company would like to deliver the apartments of Ri8 project with the finest finishing, which will take some time.
Compound Ri8 Project Brochure
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About ERG Developments
ERG Developments is a result of the merger of 4 of the companies affiliated with Mr. Mohamed Rizk. Their experience in real estate is over 17 years, and they have succeeded in these years in implementing mega projects in Damietta, Mansoura, and the New Capital. They have a strong relationship with the Housing and Development Bank.
Previous Projects of ERG Developments:
- Mall Monorail Tower New Capital.
- Diamond Tower New Capital.
- Diamond Tower 2 New Capital.
- City Life Compound, a villa compound located in Ras El Bar, was implemented in partnership with the Housing and Development Bank.
- City Live 2 project, which includes a group of apartments in Damietta.
- Implementation of a number of independent projects in Damietta and Mansoura, as well as commercial and residential projects in other areas.