Paragon New Capital by Paragon Developments

Paragon New Capital is one of the pioneering buildings designed with modern architecture and charming European-style engineering. The mall has been constructed using the latest technologies in managing services and facilities for commercial buildings, ensuring attractive investment opportunities worldwide.

Overview of Paragon New Capital

Paragon New Capital is the flagship project of Paragon Developments, a successful real estate development company specializing in real estate investment. The developer company has provided a strategic location, open spaces, and a range of unique features and services, with apparent space diversity and prices catering to ambitious investors.

One of the mall’s distinctive features is its fully integrated intelligent system for units, a groundbreaking innovation not seen before. This sets it apart, resembling other projects within the New Administrative Capital. Moreover, the building is a comprehensive structure, providing services catering to business people and investors, a focus that Paragon Developments has paid significant attention to.

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The Real Estate Developer of Paragon New Capital

Paragon Developments is the fruitful result of collaboration between Asas Company and Al Badir Company, both leading players in the real estate market in the entire Middle East region, boasting over 30 years of experience.

In the project presented by Paragon Developments, namely Paragon Mall, the globally recognized Schneider of German origin joined in to execute all infrastructure services using the latest artificial intelligence systems. This is a consistent approach by Paragon Developments when undertaking large-scale projects in new cities, with a central focus on energy efficiency.

Implementing eco-friendly buildings is the norm, and the company consistently develops smartphone applications for its clients, particularly business people, to ensure constant connectivity. This application enables clients to stay connected with the company for their needs. The company also collaborates with consulting firms to realize its projects, presenting some of the most significant and impactful ventures that have left a distinct mark on real estate development.

Previous projects of Paragon Developments

Within the Kingdom of Saudi Arabia, Paragon Developments has executed the Khayat Tower and Complex, alongside establishing the Dar Al Salam International Hotel.

Paragon Developments has completed the Siemens Mall and Zeepter Mall in the New Administrative Capital.

In New Cairo, they have executed the HSBC building.

Furthermore, Paragon Developments has announced other modern projects in the New Administrative Capital, such as Paragon Mall 2 and Paragon Mall 3, following the tremendous success of their initial assignment, Paragon Mall, in the Administrative Capital.

Paragon New Capital Project Location

The selection of Paragon Developments as the developer for the Paragon Mall project in the New Administrative Capital was truly ingenious. It chose the heart of the Downtown area, precisely parcel CS26 within the New Administrative Capital. This parcel directly views the Presidential Palace and the world-renowned Diamond Hotel.

This positioning grants the project expansive green spaces and an extensive array of artificial water features. Moreover, it is in a vital administrative zone, a crucial condition for its success as an investment venture. The project is strategically located along a main road, connecting the Capital Axis with the Regional Ring Road.

Nearby Areas of Paragon New Capital

Paragon New Capital is conveniently situated near several vital locations:

• Only five minutes separate Paragon Mall from the Central Bank and the Stock Exchange.
• The project directly overlooks the Presidential Park and Bin Zayed Axis.
• Paragon Mall is a mere three-minute drive from the Green River.
• The mall is just ten minutes from Monorail Station and International Capital Airport.

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Services at Paragon New Capital

The real estate developer has introduced a range of services specifically tailored to meet the unique needs of both local and international investors. Among the critical services offered by the developer are:

• Paragon Mall is equipped with state-of-the-art cameras that meticulously monitor every aspect of the mall.
• The mall benefits from daily maintenance and cleaning services.
• Paragon Mall offers various recreational services, including sports centers and sauna rooms.
• The mall has dedicated spaces for meetings and conferences, fully equipped with advanced technological amenities.
• The mall uses intelligent AI-powered systems, including phone and device integration and internet connectivity.
• Paragon Mall features one of the largest centralized control units.
• Inside the mall, you will find an expansive area of international cafes and restaurants, providing business professionals with comfort and relaxation.

Features Available at Paragon New Capital

• The mall boasts the presence of water fountains and crystalline artificial lakes alongside outdoor seating areas.
• One of the critical features of Paragon Mall is the provision of shimmering optical fibers in all units, rendering it an architectural masterpiece.
• The security and surveillance feature within the mall operates with the utmost quality and attention to detail.
• Several ATMs have been provided within the mall to ensure seamless financial transactions.

Design and Area of Paragon New Capital

The design of Paragon New Capital takes inspiration from modern European malls. The company allocated a significant space of 23,000 square meters to implement the mall, ensuring ample room for lush green spaces and distinctive landscaping.

• The mall stands out with its elegant reflective glass facades that block light and sound, automatically cleaned daily.
• The mall encompasses 205 units varying in size, with the ground floor spanning 2,700 square meters.
• The entire first floor covers an area of 2,400 square meters.
• The mall consists of two buildings, each comprising seven repeated floors.

Unit Types within Paragon New Capital

The units within Paragon New Capital are diverse, encompassing both commercial and administrative spaces. They consist of three models presented by the company with different finishes: classic, modern, and industrial. This variety aims to cater to the preferences of all investors, ensuring that the developer company meets the desires of a wide range of clients.

Paragon New Capital Prices

Paragon Developments Company has set prices that cater to the capabilities of all investors, whether within Egypt or abroad. The unit prices with immediate payment start from only 1,344,000 Egyptian pounds.

The square meter price in the cash payment system starts from 32,000 Egyptian pounds before applying any discounts.

If there is a prepayment priority, the square meter price can decrease to just 24,000 Egyptian pounds.

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Payment and Installment Plans at Paragon New Capital

Paragon Developments Company introduced flexible and convenient payment and installment plans to ensure the success of its massive investment project, Paragon New Capital. The offered programs are as follows:

• Pay 10% as a reservation down payment, with the possibility of installments for the remaining amount over six years.
• Customers can pay 10% and spread the remaining amount over seven years or even pay the entire balance on the day of unit delivery.
• Clients can pay a 20% reservation down payment and spread the remaining amount over eight years, or they can choose to pay the balance upon unit delivery.

Investment Benefits within Paragon New Capital

Paragon Developments Company has ensured that the Paragon Mall project encompasses all the factors that contribute to providing the investment benefits desired by any investor in the real estate market. Among the key benefits are:

• Significant Financial Profit: Investors can expect substantial financial gains upon reselling residential units due to the continuous increase in project unit prices.
• Steady Monthly Income: Owners can achieve a consistent monthly income by leasing their units within Paragon New Capital. The project’s units are highly sought-after for rental purposes in the new capital.
• Capital Preservation: Investors can maintain a stable capital value unaffected by various economic factors such as inflation and other financial elements that may otherwise reduce the value of their investments.