Apartments 165m for sale in Rivan New Capital

3 Bedrooms Apartment for Sale in Rivan New Capital

3    2
Reference: NS28079
EGP 3,135,000
Category:
Apartments / Sale
Price:
EGP 3,135,000 Installment
Price / Sqm:
EGP 19,000 Per Sqm
Finishing Status:
Super Lux
Area:
165 M2
Floor No.:
7
No of Floors:
Bedrooms:
3
Bathrooms:
2
Delivery Date:
2026
Allowable height:
Last Updated:
Mon 22 May 2023

As an experienced lawyer, I am pleased to provide an informative article regarding the legal status of the Rivan compound by Al Tameer Arabian Developments in the New Administrative Capital of Egypt.

The Rivan compound is a residential complex located in the New Administrative Capital of Egypt. Developed by Al Tameer Arabian Developments, the compound offers a wide range of modern amenities and stylish designs that cater to the diverse needs of different residents.

Like any real estate development project, the Rivan compound is subject to numerous legal requirements and regulations. In Egypt, the Ministry of Housing oversees the approval of new real estate projects, ensuring that they are legal, safe, and comply with the relevant laws and regulations.

The first legal issue to be considered when developing a real estate property is the ownership of land. In Egypt, the Land Code governs land ownership, outlining the rules for acquiring and registering land titles. Al Tameer Arabian Developments must first obtain a clear title to the land where they will construct the Rivan compound before starting construction. They must also ensure that all necessary permissions and approvals are acquired from relevant authorities.

Furthermore, the developers of the Rivan compound must follow building regulations and zoning laws. The compound must be structurally sound, safe, and compatible with its surroundings. The developers must submit detailed construction plans and architectural designs to the relevant regulatory authorities for review and approval before commencing construction.

Additionally, environmental regulations must be followed to ensure that the compound complies with any and all environmental laws of Egypt. With Rivan's location in the New Administrative Capital, developers must take into account the potential environmental impact of waste management and recycling, as well as potential issues with water management.

Developers must also comply with all labor laws and regulations, including those related to worker safety and compensation. They must comply with minimum wage laws, provide safe working conditions, and ensure that workers are treated fairly and with dignity.

In conclusion, the development of the Rivan compound by Al Tameer Arabian Developments in the New Administrative Capital of Egypt is subject to a series of legal requirements and regulations designed to ensure that it is developed and operated in compliance with the law while providing a safe and luxurious living space for the residents. As a lawyer, I recommend that all investors and prospective buyers conduct thorough due diligence on the legal status of this project and seek professional legal advice before making any investment or purchasing decisions.