Lafayette Mall New Capital by Hometown Developments

Lafayette Mall New Capital is a true investment opportunity for anyone seeking a unique path to success. It is considered the first mall in the New Administrative Capital to exclusively house numerous commercial units, making it a fantastic chance for those in search of premium units in a splendid location with all the luxurious amenities and entertainment services that exceed imagination.

Overview of Lafayette Mall New Capital

Lafayette Mall New Capital is one of the most beautiful malls in Egypt, inspired by Lafayette Galleries in France, with its enchanting and romantic decorations. It is strategically and dynamically located in the heart of the New Administrative Capital’s Downtown area. The available units come in various sizes, allowing you to choose what suits your business. The commercial centre itself is vast, yet there is evident attention to detail in every corner.

Real Estate Developer of Lafayette Mall New Capital

The company entered the real estate development field in 2017 when it was founded by Diaa El-Din Farag Khalil. It has since undertaken numerous distinguished projects, operating with a capital of around 250 million Egyptian pounds, which increased to 600 million pounds by 2018.

Moreover, the company has several outstanding investments in the import and export sector, particularly in the textile industry. It also owns a private company in the industrial zone, contributing to the Egyptian market with over 5000 employees and workers.

Hometown Developments aims to become a unique model in Egyptian real estate development and create a new approach to providing competitive advantages that cater to both customers and the Egyptian market. Thus, the company has a different vision in construction, seeking to offer modern buildings with unique designs and unmatched services to attract clients and provide exceptional investment opportunities.

Real Estate Developer’s Previous Projects

Hometown Developments boasts a rich record of successful projects in Egypt, setting it apart from other competing companies. It has undertaken 15 projects in New Cairo, Fifth Settlement, and the New Administrative Capital, including the well-known Zahra Park in the New Administrative Capital and a collection of luxurious villas in the Mini Compound project in New Cairo.

One of their latest projects is Lafayette Mall New Capital, which offers high-quality specifications and exclusive entertainment services, providing a delightful shopping experience for the entire family and a rare investment opportunity.

Location of Lafayette Mall New Capital

Hometown Developments, as the developer and owner of the project, has carefully chosen a prime location in the heart of the New Administrative Capital’s Downtown area, specifically in Zones 1 and 2 in the shopping and leisure district. The mall’s location offers the following advantages:

• Lafayette Mall New Capital is situated in the centre of the New Capital, making it an exceptional and distinguished place with various activities.
• The mall is located in front of the renowned Diamond Hotel, the entrance to the hall, and the dancing fountain.
• Accessibility to Lafayette Mall New Capital is convenient, as it lies on three important main streets: a tourist corridor, about 100 meters from the Downtown entrance, and overlooking the Diamond Hotel with an area of 120 meters.
• The central train station can be reached within one minute from Lafayette Mall.
• The mall is just a minute away from the government district.
• The Regional Ring Road is within minutes of the mall.
• The Opera House can be reached in 3 minutes.

It is adjacent to the luxurious residential neighbourhoods, the Seventh and Eighth Residential Districts in the New Administrative Capital.

Lafayette Mall New Capital is also close to several significant areas in the New Administrative Capital, such as the Exhibition Grounds, the famous Chinese Towers, and the Green River.

Services of Lafayette Mall New Capital

Lafayette Mall New Capital offers numerous services and facilities provided by Hometown Developments Company, aiming to give this new mall a competitive edge among other commercial centres in the New Administrative Capital. Among the prominent services and facilities available in the project are:

• It comprises various administrative sectors, shopping areas, and entertainment zones within the New Administrative Capital.
• Expansive green spaces and gardens surround Lafayette Mall New Capital, providing all units with breathtaking views of flowers and vegetation.
• The mall features the largest industrial lake with a sandy beach in the New Administrative Capital, along with relaxing and tranquil seating areas.
• A designated area for recreational water activities for both adults and children.
• Lafayette Mall New Capital includes the first hypermarket of its kind.
• Visitors can enjoy a boat tour of the first river of the New Administrative Capital.
• The beautiful dancing fountain serves as the perfect backdrop for memorable photoshoots.
• The ground floor boasts an entertaining children’s playground with a wide range of fun activities and top-notch security measures.
• The second floor houses a youth area with Virtual Reality (VR) games in addition to Magic Plant games.
• The third floor hosts a food court with stunning views of the Diamond Hotel, offering a variety of popular cafes and restaurants serving delicious cuisine.

Features of Project

• Lafayette Mall New Capital is strategically located near the petroleum, aviation, and tourism sectors.
• It is the largest shopping and leisure area in the New Administrative Capital.
• Lafayette Mall was among the first commercial malls established in the Downtown area.
• It is approximately one minute away from the central monorail station.
• It is close to the People’s Council and the Cabinet.
• It is not far from the real estate sector.
• It is situated near the banking area, the Central Bank, the government district, and the gold markets.
• Lafayette Mall features the largest international bowling centre.
• There is a large ice skating rink where families can have a fun time and take photos with penguins.
• Numerous entertainment services are available inside the mall, including an IMAX cinema on the fourth and fifth floors.
• A selection of luxurious restaurants and cafes is directly in front of the cinema.
• The fifth floor of Lafayette Mall New Capital features shops selling traditional Egyptian Khan El Khalili souvenirs.
• The mall includes fashion and apparel markets.
• Lafayette boasts the highest level of security, including electronic gates.
• Security personnel are available 24/7 within the commercial centre.
• Computer and technology markets are available inside the mall.
• State-of-the-art digital surveillance cameras operate around the clock.

Design of Lafayette Mall New Capital

Lafayette Mall New Capital is the culmination of the great investment experiences carried out by Hometown Developments Company. The mall comprises units with varying sizes to cater to the preferences of customers, and it faces three main roads.

Hometown Developments Company constructed the mall, which consists of six floors, with each floor housing 300 units. The project will be developed in three stages, with total investments amounting to 3 billion Egyptian pounds, and it is scheduled for delivery in May 2023.

Lafayette Mall New Capital boasts a luxurious commercial facade spanning 500 meters, making it an attractive shopping destination showcasing some of the world’s most renowned brands.

Space of Lafayette Mall New Capital

The mall was designed with a luxurious and distinctive French style, inspired by Lafayette Gallery Mall in Paris. It covers an area of approximately 25,000 square meters.

The buildings were constructed on 35% to 40% of the total project area, making it the first mall with only commercial units in the New Administrative Capital.

Lafayette Mall New Capital comprises a ground floor and five upper floors. It features luxurious and exquisite interior and exterior designs.

Lafayette Mall’s structures span 10 acres, providing ample space for various commercial units of different sizes to suit different businesses, along with entertainment services and facilities. The mall’s attractive commercial facade measures 550 square meters, making it the most appealing shopping destination for shoppers and those seeking entertainment and spending quality time with their families in the New Administrative Capital.

Types of Units in Lafayette Mall New Capital

Hometown Company has diversified the unit spaces in Lafayette Mall New Capital to cater to various commercial activities and different customer requirements, offering a range of commercial units only.

The project comprises 850 commercial units that are easily accessible through nine entrances spread across the mall.

Prices of Units in Lafayette Mall New Capital

Hometown Developments Company announced the prices in Lafayette Mall New Capital, starting from 70,000 Egyptian pounds per square meter for the following spaces:

• Ground floor units range from 160 to 175 square meters.
• First-floor units range from 130 to 140 square meters.
• Second-floor units range from 125 to 130 square meters.
• Third-floor units range from 120 to 130 square meters.
• Fourth-floor units range from 90 to 105 square meters.
• Fifth-floor units range from 70 to 95 square meters.

Payment and Installment Systems

The developer company offers various payment plans in Lafayette Mall New Capital to cater to different customers:

• Pay a 5% down payment, another 5% after 3 months, and the remaining amount in instalments over 7 years.
• Pay a 10% down payment, get a 5% discount, and pay the rest over 10 years.
• Pay a 20% down payment, get a 10% discount, and pay the rest over 10 years.
• Pay a 20% down payment without a discount and pay the rest over 10 years.
• Pay a 20% down payment, another 5% after 3 months, another 10% after another 3 months, and the first instalment upon unit delivery.
• Pay a 40% down payment, another 5% after a year, another 5% after two years, with a 15% discount, and the first instalment upon unit delivery.
• Pay a 20% down payment, another 10% after 3 months, and another 10% after another 3 months, with the remaining amount to be paid in installments over 10 years.