Six of October Development and Investment (SODIC) has received a letter from the Sheikh Zayed City Development Authority, stating that a new location for its new project in New Zayed has been proposed to the board of directors of the New Urban Communities Authority (NUCA).
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Due to some changes to the New Zayed area plans, including the development of new projects adjacent to the 500-acre land plot, being developed by NUCA and SODIC, it is proposed to change the project’s location to a 440-acre land plot overlapping with the original plot, but with higher efficiency, allowing an increase in the sellable built-up area (BUA) without compromising the project’s features, SODIC said in a bourse disclosure on Sunday.
