Egypt’s Misr Italia launches two new phases in IL BOSCO: The Cliff, The Park phases

Egypt’s Misr Italia Properties (MIP) announced on Monday the launch of two new phases in IL BOSCO, its flagship project in the country’s new administrative capital, called The Park and The Cliff.

The company made the announcement during a press conference took place to celebrate the delivery of the first phase of IL BOSCO. This makes Misr Italia Properties the first private sector developer to deliver in the Egyptian new capital.

The new launches aims to cater to a wider segment of Misr Italia’s customers, by providing more options to choose from.

The Park phase introduced Architec and Architec+ Buildings with luxury apartments that offer state-of-the-art smart housing solutions for a more effective and eco-friendly lifestyle, and which are set to be delivered by 2024.

The revolutionary features range from keyless home entry solutions, QR codes for guests, and smart lighting systems, as well as Triple play technology, the company said in a statement.

The buildings also house a smart co-working space that is dedicated for the growing trend of working from home following the outbreak of the novel coronavirus (COVID-19) pandemic. In addition, the space is equipped with cutting-edge facility management solutions and sound systems in the common areas.

For the first time in IL BOSCO, Misr Italia Properties said it had launched the Sky Villas on higher floors, Garden Villas on the ground floor and first floor, and Garden Terrace Apartments with spaces ranging from 161 sqm to 315 sqm.

Apartments come in two-bedroom or three-bedroom models and the sizes ranging between 122 sqm to 185 sqm.

For The Cliff, villas are the most spacious, single-family homes in IL BOSCO, offering picturesque scenery overlooking the Creek, a river-like water feature flowing through the development. There is also a Vertical Forest with unique green plantations all year round, the company noted.

A community centre is set to operate with open terraces, a unique swimming pool, and a fine dining restaurant, to ensure convenience for The Cliff residents.

Besides the unique landscape, the villas are primarily located near the liveliest parts of the community, namely the commercial zone and the community centre. They enjoy easy access to the project gates. The villas come in townhouses, twin houses, standalone, Creek Villas, and Cliff Villas, with spaces ranging from 258 sqm to 638 sqm.

“Listening to our customers’ dreams and aspirations are the foundation of our inspiration in terms of project locations, concepts and designs,” Mohamed Khaled El Assal, CEO of Misr Italia Properties, said.

“We pride ourselves in being the first real estate developer from the private sector to deliver our project at the New Capital with Phase I of IL BOSCO delivered ahead of schedule in 2020.”

“With the launch of The Park buildings and The Cliff villas, we ensure our commitment to providing top-notch projects and carrying on with our ambitious plans for the Egyptian market.”

Spanning over 207 acres, IL BOSCO is located in the heart of the new capital in proximity to many landmarks, including the Opera House, the Diplomatic District, the Investment Zone, and the Academic City.

With vast greenery, the Vertical Forest, quiet meadows and water features, IL BOSCO is set to become the first of its kind in the Middle East and North Africa region in terms of integrating nature with high-end living spaces. It is also seen as one of the largest environmentally friendly projects in Egypt.

The company is offering competitive instalment plans over nine years with 5 percent down payment.

Starting 2021 on a positive note, this is the second launch for Misr Italia this year following the successful launch of Allure 2.0 at Cairo Business Park, the company’s leading administrative project in New Cairo.