The Heliopolis Company for Housing and Development is preparing tomorrow, Sunday, to issue a brochure of conditions for the Heliopolis Park project, with an area of 1695 acres, in New Cairo, in partnership with the private sector, through bidding in the closed envelope system.
In conjunction with the launch of the activities of the “Today’s Real Estate News” conference at Al-Masah Hotel, Nasr City, which aims to attract foreign investments for urban development, and the Cityscape Conference, the default version, on April 5 and 6, in the presence of a large number of real estate developers from Egypt and abroad, with the aim of studying the investment opportunities available from government and companies private sector .
Fathallah Fawzi, President of MENA Real Estate Development Consulting (based on preparing the brochure of conditions for Heliopark), indicated that it is the largest offering, both in terms of the area offered for participation, amounting to 1695 acres, and the privileged location as the project is a promising investment opportunity to provide a distinguished real estate product in an area that enjoys great demand and interest A wide range of clients and the consequent trends of real estate companies, now or in the future.
Fawzi added that the brochure of conditions related to the largest offering in the region has been prepared in a way that includes all the scope of business and financial and commercial terms between Heliopolis Housing and Development Company, investors and developers interested in submitting their bids to win the project.
Fawzy: April 25 is the deadline for receiving inquiries from developers, April 25 … and June 16 is the deadline for receiving bids
Fawzi explained that the last date for receiving inquiries from bidders is April 24, provided that the date for the response from the Heliopolis Company to inquiries is May 2.
He pointed out that the deadline for submission of offers is June 16 to allow time for developers to prepare the required studies to submit their offers.
He explained to the “Stock Exchange” that the company will receive all offers before closing the door until next June 16, provided that it studies the best offer and announces the winner afterwards.
The article tomorrow… “Heliopolis” will present a brochure of conditions for participation in 1695 feddans in Heliopark, which was written in Al-Borsa newspaper.