By Hamed Mahmoud
Mazaya Real Estate Development Company, one of the pioneering real estate companies operating in the Egyptian market, is preparing to launch its first projects in the New Administrative Capital, after the success of the series of its projects in New Cairo.
Board Chairman Eng. Mohamed Allam unveiled that the company decided to enter the New Capital market in light of the promising investment opportunities it enjoys, which make it one the most attractive areas for real estate investments. The details of the first project, the company intends to launch in the New capital, will be within days.
The Mazaya aims through such projects, he added, to expand in the Egyptian market, reap the fruits of available investment opportunities, and pump new investments of up to LE2,500.000.
He pointed out that the company is currently offering a number of distinctive residential projects in New Cairo with a total investment of LE240 million as long as other distinctive projects in various regions, foremost among which is the Andalus region which embraces 8 projects, the New Lotus Region with 3 projects, the Beit Al Watan with 12 projects and a total investment of LE160 million, the New Narges area with 4 projects and the Gardenia region with 5 projects, in addition to two projects in the north of Al Rehab area.
For her part, Asma Osama, the head of the commercial sector at the Mazaya Company, confirmed that the company offers many facilities to its customers and provides different payment systems that are compatible with the requirements of all customer strata. She also referred to the delivery of some units of a number of its projects with investments amounting to LE100 million.
Having enjoyed a long history in the Egyptian real estate market and more than ten years of experience, the company has succeeded in obtaining the confidence of customers and forging a distinct relationship with the customers, enabling it to expand and pump more investments in the market, Osama concluded.