Properties For sale in Paragon 1 Mall

 

Among the most important projects that attract the eyes of investors in the New Administrative Capital is Paragon Mall. The Mall is located in the Financial District, specifically on the Presidential Road. It is developed by Baladria Real Estate Development Company.

 

Paragon Mall is the first building of its kind in the New Administrative Capital, as it is the first environmentally friendly, smart administrative building. It is designed with the use of the latest international architectural technologies, to provide its owners with a unique and unusual experience in managing their various businesses and projects within it. The design of the building is characterized by a full glass facade, in addition to the wide green areas surrounding it, with a group of fountains that give a distinctive general atmosphere to the surrounding of the building.

 

Details of Paragon Mall in the New Administrative Capital

 

The Paragon Building is the first and most important business of Baldria Real Estate Development in the New Capital. The investment of this company in this project amounts to about EGP 500 million. During the establishment of the building, the company was also keen on using the latest international technologies in establishing the infrastructure of the building, and in designing offices and units offered for sale of all kinds, to provide their owners with working spaces that suit all their purposes and satisfy all tastes.

 

The building was named “Paragon” because of its meaning in the English language, which means the perfect pearl. The name was chosen to refer to the unique exterior design of the building, which shows the use of glass in cladding large areas of it.

 

Location of the Paragon Mall Project 

 

The location of the Paragon Administrative Building is one of its most important features, as it is located in the most strategic areas of the New Capital, specifically in a plot of land No. CS26 in the capital's financial district center, and in the heart of the commercial and administrative area in which many government agencies and international banks will be located. 

 

It is also distinguished by its proximity to the largest parking area in the capital, which accommodates up to 1,800 cars. The building has two façades: the first is the main one, which overlooks the Presidential Garden and Bin Zayed Palace, and the second overlooks the Opera House.

 

Its location is also distinguished by its presence in the vicinity of:

 

• Government ministries headquarters

• Parliament building

• Presidential Palace

• The Egyptian Stock Exchange Building

• The Central bank.

• Presidential gardens

• Al Massa Hotel

 

Types of Units in Paragon Mall in the New Administrative Capital 

 

The Paragon project is the first smart administrative building in the New Administrative Capital. The building occupies an area of ​​23,316 square meters and consists of 7 floors to include about 205 offices in Paragon  and meeting rooms suitable for administrative purposes and companies with its various activities. 

 

All the building's offices are designed to provide a unique business management experience for the building's unit owners, so employees and business owners can control everything with just one click, to achieve a high degree of communication between the different systems in the building.

 

click here to Know more about Social Housing Projects in New Capital

 

Area of Units in the Paragon Mall Project

 

Paragon New Capital consists of 7 main floors, in addition to 2 garages to accommodate 154 cars. The area of ​​the floors differs from each other, so the area of ​​the ground floor is 2,700 square meters, the first-floor area is 2,400 square meters, and from the second floor to the seventh, the area is 1,400 Square meters for each floor.

 

The areas of the unit in the building start from 45 square meters. As for the percentage of construction on the first and second floors, it reaches 57%, while it reaches about 30% from the second to the seventh floor.

 

The administrative units and offices of the Paragon Building are distinguished by their standard dimensions that distinguish them from other administrative buildings in the capital. The ceiling height in the offices is approximately 3.5 to 4 meters, and the width of the windows reaches 4 meters, to simulate the designs of international companies that are interested in the sound engineering standards in the designs, which are definitely reflected in the productivity of the teamwork.

 

Available Services of the Paragon Mall in the New Administrative Capital 

 

The main idea on which the Paragon Administrative Building was established is to provide a variety of smart services to the owners of companies and projects, and these services are:

 

• Blocking out the noise and maintaining the highest level of quietness inside, by enveloping part of the building with soundproof double glazing panels

• Rationalizing the energy consumed inside the building and distributing it according to the existing occupancy rate, as well as purifying the air from pollutants, all by using the latest management and design techniques

• Providing all administrative units with a fiber optic network and a private high-speed internet network

• The building offers its own application on smartphones, to facilitate the process of communication between individuals within it, organizing events and meetings, announcing events and news related to companies, monitoring each company’s consumption of electricity, water and other facilities, issuing digital permits for employees and visitors to the building, or even requesting maintenance and repairs. It can also be used to place a reservation request for a specific room

• There are 6 modern designed electric elevators in the mall to facilitate people movement to different roles and reduce crowding

• An integrated 24-hour security and monitoring system, to provide the highest security standards for the owners of the building

• Designated areas for entertainment and various activities, such as billiards, bowling and games rooms, to achieve integration between basic and entertainment services within the building

 

Background Information on the Real Estate Developer of the Paragon Mall Project

 

Baladria Real Estate Development Company is the owner of the Paragon New Capital project. It has important precedents in this field, the most famous of which are:

• A large administrative building, Obour City

• The famous Dar Al Salam building, Saudi Arabia

• An administrative building, the Fifth Settlement, specifically in the Choueifat region

 

Baldria is also cooperating in the implementation of this project with two companies: (Era Commercial), which is responsible for the marketing and sales side of the project, and the consultant engineer, Mohamed Hafez, who has extensive experience in the field of real estate and construction.

 

Finishing and Payment Systems for Units in the Paragon Project

 

Baladria, the developer of the Paragon Administrative Capital project, provides flexible finishing systems that allow each owner to put his own touches on the unit he chose, so that each administrative unit has a distinctive character that fits the identity of each company.

 

As for the available payment systems, it allows all those interested in real estate investment to buy an administrative unit at the best prices in Paragon New Administrative Capital, so customers can pay the unit price in installments extending up to 8 years.

 

The payment systems are:

 

• Installment over 6 years with equal payments upon paying 10% down payment

• 10% down payment with installments over 7 years or until the date of receiving the unit 

• 20% down payment with installments over 8 years or until receipt