Ajna Developments launches EGP 5bn project in New Cairo

Cairo – Mubasher: Ajna Developments has launched its latest project, Eastville, in New Cairo's Fifth Settlement with a total investment of EGP 5 billion.

The project, which spans 20 acres, reflects Ajna Developments’ commitment to creating integrated urban communities that align with Egypt’s Vision 2030, according to a press release.

Ahmed Youssef Al Araby, CEO of Kelma Development Consulting, Omar Okail, CEO of Azure Architects, and Mohamed El-Messary, CEO of Frontline Commercial Real Estate, partnered to accelerate the project’s progress.

Eastville project features a range of facilities and comprehensive services, with modern designs that impart a unique urban character. It includes diverse residential units ranging from 190 to 290 square metres, strategically located amid multiple lakes, with unit deliveries expected to begin in 2028.

Osama Shalaby, CEO of Ajna Developments, stated: "As part of our expansion strategy, we are pleased to announce the launch of 'Eastville' in New Cairo, which represents a new and pivotal addition to our portfolio, alongside 'Carnelia' project in Ain Sokhna, with investments totalling EGP 10 billion.”

Mubasher Contribution Time: 20-Nov-2024 13:52 (GMT)
Mubasher Last Update Time: 20-Nov-2024 13:52 (GMT)