Inertia, the Egyptian real estate company, announced that the total inventory figure, reaching around EGP 100bn as well as their total land bank of more than 7.5m sqm, according to CEO Ahmed El Adawy.
El Adawy noted that the company is developing a large project on the North Coast, called Jefaira. An all year-round beach town on the Mediterranean Sea, with an area of 5.5m sqm, noting, “Residents of Jefaira will enjoy one of the longest beachfronts in the North Coast measuring 3.6 km, in addition to beautiful landscapes and vast green spaces. Moreover, Inertia has acquired all the necessary permits for this project.“
Furthermore, El Adawy revealed that two new developments in Ain Sokhna and New Cairo are to be launched in the near future.
He also highlighted the significance of Inertia developing diverse real estate projects, offering a variety of units which suit different tastes and needs. Moreover, Inertia has numerous projects spread over a wide geographical area throughout Egypt in Cairo, Sahl Hasheesh, El-Gouna, the North Coast, and soon to be in Ain Sokhna and New Cairo.