By Hamed Mahmoud
Remax Al-Mohager Real Estate is getting ready to launch a new platform to serve the real estate sector during next June as part of the company’s expansion plan to add new marketing services and products.
Mohamed El-Deghidi, Chairman of Remax Al-Mohager Real Estate Marketing Company, said that the new platform, to be launched next July, includes providing new marketing services aimed at providing an integrated database for clients who want housing and investment and are looking for real estate financing with various requirements.
El-Deghidi explained that the new platform includes real estate auctions services for all residential, commercial, administrative, tourism, medical and real estate activities, as well as investment opportunities for participants, and a mobile application dedicated to providing these services. Usage details will be announced with the launch of the platform on June 30th.
El-Deghidi added that “Remax Al-Mohger” for real estate marketing achieved 60 per cent of its sales targets during the first quarter of the current year, and the company plans to achieve the sales targets for the benefit of real estate development companies during the current year within new marketing mechanisms that contribute to the completion of the companies’ sales plans.
El-Deghidi pointed out that the company has set sales targets worth LE4 billion during 2021, which include real estate and coastal projects, re-sale, commercial and administrative activities, auctions and other activities, pointing out that the real estate market is witnessing a relatively boom compared to last year. The real estate development companies also seek to double their sales with their projects.
The Chairman of the Board of Directors of “Remax Al Mohager” continued that the company’s sales were concentrated during the first quarter of the current year for the benefit of Emaar Misr, the New Administrative Capital projects, and resale and rent.
El-Deghedy said that real estate prices have witnessed a rise by a rate ranging between 5 to 15% according to the regions and the type of projects compared to last year, and is expected to witness different growth during the current year according to the volume of demand and the quality of the real estate product offered in conjunction with the opening of a number of national projects that the state develops, including New Alamein and the capital. Administrative, New Mansoura and some areas of East Cairo.
According to the chairman, Egyptian government is playing a significant role to keep the Architecture shape of New Administrative Capital, and watching construction and delivery times for the new projects there.
Hoping to do these in all new cities, and the state has to contribute in reshaping the unique Architect views of old cities comping few years.