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Egyptian Gazette
Home Business

Large-scale ‘Terraces’ project unveiled in New Cairo

by News Wires
January 16, 2026
in Business
Large-scale ‘Terraces’ project unveiled in New Cairo 1 - Egyptian Gazette
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Hyde Park Developments, a titan of the Egyptian real estate sector, has announced the launch of its latest residential landmark, Hyde Park Terraces. In a move that signals high operational confidence, the company revealed that construction on the 102-acre project has already begun ahead of its official commercial launch with a commitment to deliver units within just two years.

Located in a prime New Cairo corridor directly facing the German University in Cairo (GUC), Hyde Park Terraces is the developer’s eighth project. It follows the rapid sell-out success of the adjacent “Hyde Park Views,” further solidifying the brand’s dominance in East Cairo.

The project’s name is derived from its unique architectural philosophy: all 668 units are built across multi-level terraces. This design ensures that every home overlooks expansive green landscapes and manicured gardens, providing an elevated sense of privacy and aesthetic appeal.

The development offers a diverse range of living options to suit varying family needs:

  • Unit Types: Townhouses, twin houses, and standalone villas.
  • Unit Sizes: Ranging from 195 to 285 sqm.
  • Community: A fully integrated residential environment designed for modern lifestyles.

Hyde Park Developments is challenging traditional market timelines by aiming for a 2028 delivery. To support this, the company has introduced highly competitive payment structures, including a 5% down payment and installment plans spanning up to 10 years.

“Our strategy centers on a proactive approach,” said Engineer Amin Serag, CEO of Hyde Park Developments. “By initiating construction across multiple projects before launching them to the public, we ensure that we not only meet our schedules but often exceed client expectations regarding delivery dates.”

Serag emphasized that the company’s balanced portfolio across East Cairo, West Cairo, and the North Coast is a testament to its “distinctive vision for development” and its ability to maintain market competitiveness through added value and reliability.

A Legacy of Institutional Support

Established in 2007, Hyde Park Developments is backed by some of Egypt’s most powerful investment and financial institutions, including:

  • The Housing and Development Bank
  • The National Bank of Egypt
  • The New Urban Communities Authority (NUCA)

With a massive land bank exceeding 2,200 acres, the company continues to reshape the Egyptian skyline with flagship projects such as Hyde Park New Cairo, Sea Shore on the North Coast, and the newly announced Hyde Park Central and Signature developments.

Tags: Hyde ParkNew Cairo
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The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
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