The Novelist | Phase 2

The Novelist – Ghoneim Developments Group (Mokattam, New Mokattam Corniche)

Overview
The Novelist is a premium residential compound by Ghoneim Developments Group, located on the New Mokattam Corniche. It offers elevated living with modern design, beautiful views, and a rich set of amenities. It’s designed for those who want both luxury and convenience, with a tranquil neighborhood atmosphere but excellent connectivity to all of Greater Cairo.

 Location & Connectivity

• Sits atop the Upper Plateau on the new Mokattam Corniche, giving panoramic views over New Cairo, Uptown Cairo, and the city skyline.
• Very well connected:
    • Minutes from Maadi, Nasr City, Downtown Cairo.
    • Close to Abdel Meguid Mahmoud Axis, Ring Road, Suez Road.
    • Also accessible to the Fifth Settlement and other eastern areas. 

 Project Size & Layout

• Land area: about 30 acres (feddans).
• Number of units: around 1,700-1,800 premium residential units spread over several buildings.
• Building configuration: Ground + 6 floors.
• A commercial zone is part of the master plan.

 Unit Types, Sizes & Finishes

• Types available: studios, 1-bedroom, 2-bedrooms, 3-bedrooms, possibly duplexes.
• Size examples:
    • Studio: from ~ 67-68 m²
    • 1-Bedroom: ~ 87-90 m²
    • 2-Bedroom: ~ 122-130 m²
    • 3-Bedroom: ~ 131 m² and more, depending on layout.
• Finishing: units are delivered semi-finished, giving owners flexibility in their interior choices.

 Payment Plans

• Down payment and installment options are flexible:
    • 5-10% down payments with up to 5-8 years instalments depending on offer.

 Amenities & Design Highlights

• European-inspired architectural style with modern façades, clean lines, and attention to detail.
• Large green spaces, landscaped gardens, walking paths, and water features including artificial lakes and waterfalls.
• Clubhouse, gym, recreational zones, children’s play areas.
• 24/7 security, gated community, modern surveillance systems.

 Why It’s a Strong Investment

• Strategic location in Mokattam with high visibility and elevation adds prestige and panoramic views.
• Semi-finished units offer customization options and attract a range of buyers/investors.
• Flexible payment plans reduce entry barriers.
• Ghoneim Developments has a strong reputation and long experience in infrastructure and construction, which increases trust.