Latest in Real Estate Highlight
Latest in Real Estate
CPA has received consumer complaints related to arbitrary, monopolistic practices of many real estate development companies
NAC is one of most promising national projects due to its clear and specific vision
Company intends to begin sales for its Spot project this month
Company plans project delivery by 2023 end, with unit areas ranging from 80 sqm to 320 sqm
Andraus said that the company has succeeded in selling all the residential units at the project, which exceed 600, in a short time.
Cairo Gate is Emaar Misr’s first project in west Cairo, spanning an area of 133 feddans in the heart of Sheikh Zayed, with investments amounting to EGP 11.5bn.
The compound, worth investments of EGP 260m, is built on an area of 5,500 sqm, and includes 100 commercial and administrative units alongside 370 serviced-apartments of various areas.
Salib said that the company is developing The City Valley compound, which is worth EGP 4bn in investments, on 63 feddans in the NAC’s R7 district, with the project comprised of 57 villas and 51 buildings.
Company directs investments of EGP 500m in Mokattam’s Business Arena commercial project
Amorada, which was constructed with total investments amounted to EGP 600m, boasts a built-up area of 22.5%, and includes 272 units of varying areas, in addition to a commercial mall.
Company records EGP 1bn in sales since launch of its project in NAC
IPS GCC promotes Egyptian real estate in Gulf region
EIEC event highlights ‘back to business’ attitude in Egypt’s real estate sector
Company intends for all units to be sold within 18 months, with expected sales of between EGP 500m-EGP 600m within year
Since breaking ground, SODIC has awarded over EGP 1.7bn worth construction contracts in Eastown
The exhibition provided companies with the platform to attract a large base of customers, particularly following the almost total halt of sales in the past six months due to the pandemic.
Pandemic provides real estate developers with new experiences to deal with any crisis in market, says Tarek Shoukry
Company eyes EGP 3bn in sales at Zizinia El Mostakbal project over next two years, says Mahmoud Hegazy
The exhibition, which is scheduled for 1 to 4 October, will be inaugurated by Minister of Housing Assem El Gazzar.
Private real estate developers have made recognised efforts in the sector, becoming a catalyst for rapid growth of fourth generation cities.
The projects, all of which form the company’s Rock series of developments, are located in Cairo, namely the Fifth Settlement in New Cairo, Obour and Sixth of October.
Mansour said that the project, which represents the company’s latest real estate development, is an integrated service project and spans over 9,900 sqm.
The land allocation will ensure that the company can now proceed with the development of an integrated urban project in the new Upper Egypt development.
During pandemic, we had to find alternative methods to better reach potential clients, says Ahmed Shalaby
The targeted sales are set to occur through the offering of a limited number of serviced-apartments at the real estate developer’s Rivan project in the New Administrative Capital (NAC).
Launched in 2014, Villette will cover an area of 301 feddans. SODIC has delivered about 600 units, with delivery of units in the project’s first phases having started in 2018. Villette is comprised of single family homes as well as high end apartment buildings.
As the second of the company’s real estate projects at the NAC, Scene7 will be constructed on an area of 40 feddans in the R7 district. It is comprised of residential units with areas starting from 68 sqm, in addition to a sports mall and other commercial areas.
Essam Nassef, Chairperson and Managing Director at El Mostakbal, said the contract completes the company’s strategy for the current year, with regard to developing service projects in the new project.
North Coast development projects promote Egyptian government’s plan of year-round residency in the region
Pandemic has encouraged Egypt’s real estate developers to reconsider purchasing trends and new demands customers have for properties