The Gray Mall New cairo, the latest project of the Housing and Development Bank (HDP) on an area in the heart of the Fifth Settlement. The mall is distinguished by the presence of many diverse units in terms of spaces or in terms of different types of units, which suits the needs of all customers.
The Gray Mall is located near the most important landmarks in the area, such as: Al-Nasr Road, Nasr City, Heliopolis, Mountain View Compound, and Ahl Masr Hospital.
The Gray Mall has various units, including administrative offices, medical clinics, banks, hypermarkets, and stores, with areas starting from 38 square meters and up to 538 square meters.
Unit prices in The Gray Mall New Cairo start at 60,000 pounds per square meter for warehouse units, 159,000 pounds for administrative offices, 165,000 pounds for medical units, 175,000 pounds for hypermarkets, and 240,000 pounds for banks, with a 10% down payment and a payment period of 7 days. Years.
For more details about The Gray Settlement Mall, please read the article.
The Gray Mall location
Housing and Development Bank projects are always distinguished by their distinguished strategic location, the most prominent of which is the location of The Gray Mall which is the company’s latest project and which enjoys a high investment value thanks to its location in the heart of New Cairo, specifically in the Fifth Settlement area.
Although the area is full of a large number of other projects, the mall is strongly able to compete with these projects thanks to many advantages that we will explain through the article, and we will begin to clarify them starting with the advantage of the project’s location, until we reach the clarification of the rest of the other investment advantages that the project includes.
Places near The Gray Mall Fifth Settlement
- Al-Nasr Road: The mall is distinguished by the fact that it is located directly on Al-Nasr Road, which is one of the most important roads in the region, especially as it connects some areas of New Cairo with neighborhoods in the heart of Greater Cairo, the most important of which is Nasr City.
- Mountain View 1 Compound: The mall is also located in front of Mountain View Compound, and it is one of the largest residential complexes in the Fifth Settlement, which guarantees you the highest and best traffic for your unit in the mall regardless of its activity.
- Ahl Masr Hospital: One of the most important landmarks adjacent to the mall is Ahl Masr Hospital. The hospital is also considered one of the most important and largest hospitals, which will be the cause of high traffic, especially for the medical units in the mall.
- Heliopolis: Thanks to the mall being located on Al-Nasr Road, this provides easy access to the mall from many neighborhoods near Al-Nasr Road, most notably Heliopolis.
Design of The Gray Mall New Cairo
The company developing The Gray Mall New Cairo, hired one of the most prominent engineering companies to implement a global design for the mall. The company chose SK Design, which is one of the most prominent architectural companies in the world and whose experience extends back to 1989, which means that the company exceeds Her experience is 35 years of success and excellence.
The company’s experience and ingenuity are demonstrated in designing the mall, by dividing the mall’s building area, which has a total area of 30,000 square meters, into 5 floors in addition to two underground floors designated for the car garage, and they are divided in an ideal way that makes the garage accommodate more than 160 cars at one time.
As for the design of the mall building itself, it is distinguished by its height of 10 meters above the level of the surrounding street, which makes the units enjoy a distinct view and through it you can see all the beauty that surrounds the mall, represented in the combination between the modern designs of the Fifth Settlement compounds, and the beauty of nature apparent in the green spaces. The vast area in the area, the most prominent of which is the Mountain View Compound directly opposite the mall, which is known for the beauty of its residential units and its natural landscape.
You can also enjoy seeing the outdoor spaces of the mall itself, which the company took care to design in an appropriate way to give unit owners a better feeling of being in the mall, which has a height of 18 metres. By comparing the height of the mall to the number of its floors, which is only 5 floors, you conclude that the units in the mall have the advantage of height. The ceiling, and through the following points we will explain this to you in more detail.
As for the administrative units and offices in The Gray Mall, the ceiling height is 3.35 metres, which is an appropriate height to provide a comfortable work environment and suitable for it to be a new starting point for small companies and individuals as a starting point for a successful journey for their work. This feature will also be suitable for larger companies by providing a better opportunity. To implement luxurious designs that are commensurate with the company’s level.
As for the design of commercial units, which are 5.5 meters high, this height provides a better opportunity to exploit the unit’s space horizontally, which means that if you own a unit, even if its area is small, you can compensate for the vertical space by exploiting the horizontal space, and this also gives height to visitors to your unit. A greater feeling of comfort, ensuring that visitors stay in your unit longer.
The area of The Gray Mall Fifth Settlement
The land area of The Gray Fifth Settlement project is 7,500 square meters, which is a large and sufficient area to include the mall building, in addition to the external area of the building, which includes a large area of landscaping, and seating and rest areas.
There is also a large area around the mall designated for parking that can accommodate 70 cars at one time, which provides an opportunity for a larger number of visitors to visit the mall while ensuring a safe place for their cars, especially if visitors do not want to leave their cars in the mall’s internal garage under the mall building, which It takes time to get in and out of it.
Area of units in The Gray project
The Gray project, has a large number of units, numbering 175 units, which vary between administrative offices, medical units, banks, and hypermarkets. Details can be clarified through the following regarding the spaces of each type of unit available in the mall:
- Administrative offices: The area of administrative offices in the mall starts from 40 square meters and reaches 538 square meters.
- Medical clinics: While the area of clinics and medical units in the mall starts from 38 square meters and reaches 90 square meters.
- Banks: The mall has units designated for banks, which start from 260 square meters and reach 500 square meters.
- Hypermarket: It also has a hypermarket area allocated to it with an area of 2000 square meters.
The Gray Mall New Cairo prices
The advantage of the units in The Gray project is not limited to the diversity of their areas and uses only, but the prices specified for the various types of units in the mall came to complement the set of features of the project.
The company developing the mall has set different prices depending on the unit, all of which start from competitive prices and are considered the best in modern Fifth Settlement projects. Through the following points, we will show you the price details for the units of The Gray Mall in Fifth Settlement:
- Administrative offices: Prices for administrative offices in the mall start from 135,000 Egyptian pounds per meter.
- Clinics: While prices per square meter in medical units and clinics start from 139,000 Egyptian pounds.
- Banks: As for banks, their prices vary according to their location in the mall. Unit prices on the ground floor start at 320,000 Egyptian pounds, while the price of units on the first floor starts at only 240,000 Egyptian pounds per meter.
- Hypermarket: As for the last type of units available in the project, which are the units in the hypermarket, their prices start from 175,000 Egyptian pounds per meter, and you can get storage space at a price starting from 60,000 Egyptian pounds per meter.
Payment and settlement systems in The Gray Mall
The price advantage in The Gray project increases the mixed-use units in The Gray Mall, through the company providing different and varied payment systems according to the type of unit and its price. Here are the details regarding the payment and installment systems in the units:
Administrative offices in The Gray Mall
Own an administrative unit in The Gray Mall Fifth Settlement, and you can pay its value through the following systems:
- Pay a down payment of 10% of the unit value, with the rest of the value paid in installments over 5 years.
- Or pay a down payment of 10% of the unit value, and a 5% payment after a month, with the rest of the value paid in installments over 6 years.
- Or you can pay a down payment of 10% of the unit value, and a 10% payment after a month, with the rest of the value paid in installments over 7 years.
Medical clinics in The Gray Mall
If you want to own a medical unit in the mall and benefit from the features of the mall’s location that guarantee you the highest traffic, you can own a distinctive unit in The Gray Mall and pay for it through the following:
- Pay a down payment of 10% of the unit value, with the rest of the value paid in installments over 5 years.
- Or pay a down payment of 10% of the unit value, and a 5% payment after a month, with the rest of the value paid in installments over 6 years.
- Or you can pay a down payment of 10% of the unit value, and a 10% payment after a month, with the rest of the value paid in installments over 7 years.
Bank
Banks can expand by obtaining a unit in the mall to be the headquarters of their new branch, with the unit’s value being paid through the following system:
- Pay a down payment of 10% of the unit value, and a 5% payment after a month, with the rest of the value paid in installments over 5 years.
Hypermarket
As for the last type of units, which are commercial units in hypermarkets, you can own them and pay for them through the following system:
- Pay a down payment of 10% of the unit value, and a 5% payment after a month, with the rest of the value paid in installments over 5 years.
Price analysis for The Gray Mall project
By analyzing the prices of multi-use units of different types and spaces in The Gray Mall Fifth Settlement, we find that they are considered among the best competitive prices for a modern project in the Fifth Settlement area, which is known for its high price competitiveness due to the presence of a large number of malls.
The advantage of the mall prices is not limited to the level of prices offered only for the units in the project, but rather its advantage increases thanks to the availability of various payment systems that are proportional to the prices of each type of unit available in the project, which makes us recommend investment in the mall to you, and guarantee you the best return on your investment in it.
Services and facilities of The Gray Mall New Cairo
- Central air conditioning: The Gray Mall operates entirely using central air conditioning, which cools the atmosphere throughout the mall.
- Fiber wires: The Gray Mall Fifth Settlement, provides 5G service using high-speed fiber wires.
- Security system: The mall has a strong security system that operates around the clock.
- Smart entry cards: For greater security, smart entry cards are allocated to unit owners in the mall.
- Glass facades: The mall is distinguished by its luxurious glass facades that give an aesthetic appearance to the mall building, while providing the advantage of sunlight passing through to provide a healthy environment and better lighting in the mall.
- Electric generators: The mall has backup electrical generators to ensure that all facilities in the mall operate without disruption in the event of a power outage.
- Electric elevators: The mall includes 9 different electric elevators, which are distinguished by advanced technology and fast movement.
- Plaza area: The mall includes a plaza area containing a large number of local and international restaurants and cafes.
- Pharmacy: One of the most prominent services of The Gray Mall New Cairo is that it includes a pharmacy that provides the best services and operates around the clock.
- Meeting rooms: Another distinctive service, especially for administrative units, is that the mall includes a number of meeting rooms equipped with all the facilities you need for your work.
- Common work areas: There are also shared work areas, with large spaces and equipped with all the facilities and amenities that visitors need.
- Gym: The mall also includes a gym designed on a large area and includes the latest sports equipment, so you can enjoy exercising at any time during your day in the mall.
About HPD
The Housing and Development Bank was established in 1979 as an Egyptian joint stock company, and is considered one of the distinguished models of specialized and pioneering banks in the field of housing and urban development in the entire Middle East.
The company transformed its activities into a comprehensive commercial bank that provides all banking services, and customer confidence was the basic foundation that paved the way for the bank to transform into a commercial bank more than 40 years ago.
Over the past few years, the bank has made a major boom in the Egyptian real estate market by developing a large number of integrated residential projects, which were able to provide the best residential experience for the company’s clients.
HPD Projects
- Sheikh Zayed Terrace Compound
- Talda Mostakbal City Compound
- Tala 6th of October Compound
For more: HDB projects
Disatvantages of The Gray Mall Fifth Settlement
Given the project’s endless advantages, we find it difficult to find any defects in The Gray Mall Fifth Settlement, as the project is considered a combination of all the features that you may need to own a unit for the purpose of using it for your business or even for the purpose of investing in it.
