Leopard Construction and Development has launched its latest project, “Cairo Cannes”, whose name was chosen through its engineering design inspired by the French city of Cannes.
This was announced by Engineer Mahmoud Zayed, Chairman and Managing Director of Leopard Construction and Development, explaining that a ministerial decision had been issued for the “Cairo Cannes” project, which is located on an area of 34 acres on the front of the main road to the new city of Heliopolis, and the project will be implemented in partnership with the company. Zahraa el-Maadi, and the price per square metre starts from LE12 thousand.
He added that the company offers several payment systems to suit all customers, starting from LE20 thousand for the value of the initial reservation, and a reservation payment with a down payment of LE79 thousand.
Zayed explained that the “Cairo Cannes” project is a fully-serviced residential compound, comprising (1000 housing units – a commercial mall – a social and sports club), and the first phase of the project will be delivered in 2024.
In a related context, the “Leopard Construction and Development” explained, during a press conference held today, Friday, January 28, about the details of the “East Cairo” integrated residential project, which will be built on an area of 78 acres, with a total of 4,500 housing units.
He pointed out that “East Cairo” includes many features, starting with its distinguished location right on the Administrative Capital Road, just ten minutes before el-Shorouk City, and near the LRT express train station.
The Leopard company targets a total sales value of LE5.5b.
Zayed confirmed that the company obtained most of the approvals to start construction work on the “East Cairo” project at the beginning of 2022, and that the project will be launched in three phases.
He added that the first phase of the project was launched, and it is planned that the handover will be completed in 2024, and the company offers multiple reservation systems to suit all customers, starting with a 10% down payment and payment systems up to 12 years.
Zayed explained that the “East Cairo” project includes (a gym – Hilton Garden Inn – a government unit to extract official documents – a hospital with excellent services – a model school for all educational levels), and the price per square meter starts from 10 thousand pounds, stressing that the price per square metre for the project increases daily at a rate LE18.
On the other hand, “Leopard Construction and Development” signed a partnership contract with the Canadian Engineering and Consulting Office, and the Chairman, Dr Imad El-Sherbiny, who participated in many important projects in the Emirates, such as (Sharjah Mall – Gevora Hotel – City Towers) signed on behalf of the engineering office. And inside Egypt (Parkland Avenue Compound – Sama Mall).
