Latest news with #NewZayedCity
Zawya
17-07-2025
- Business
- Zawya
Zada Developments gears up to launch its newest project in New Zayed
Zada Developments is preparing to launch its latest project in New Zayed City soon. The project is a residential villa compound located in one of the city's most prime areas, surrounded by a number of upscale real estate developments. Mohamed Awad Habib, Chief Commercial Officer (CCO) at Zada Developments, stated that the launch of this new project comes as part of an ambitious expansion plan that began less than six months ago. This marks the company's second project in such a short period, reflecting the rapid growth pace Zada has achieved since its inception. Habib said that the company has successfully established a presence in the real estate market through its first project, and is now continuing its growth by launching a residential villa compound that represents a new qualitative leap. He added that this swift achievement demonstrates the company's seriousness and clear vision to deliver upscale residential communities built to modern standards and world-class quality. He noted that the project's prime location in a vibrant area surrounded by services and residents enhances its uniqueness, positioning it as one of the most prominent residential destinations in the area. The compound offers a fully integrated living experience, combining modern design, strategic location, and comprehensive amenities. The company's CCO pointed out that the project adheres to the highest standards of quality in both planning and execution, including landscaped green spaces, recreational facilities, integrated security and smart technologies, all while offering a variety of unit sizes to suit different client needs. Habib also pointed out that the company has already signed contracts with key partners responsible for the project's design and execution—renowned entities and leading names in architectural and engineering consultancy—which will be officially announced at the project launch. He disclosed that the development consists of townhouses and twin houses with varied residential unit sizes and flexible payment plans tailored to the target clientele. The project includes both residential and commercial zones, with the commercial section serving customers in both Old and New Sheikh Zayed. The company is also committed to bringing in strong retail brands for this commercial component, Habib concluded.
Zawya
19-05-2025
- Business
- Zawya
HMD Developments launches Velora Villa project in New Zayed
Egyptian private developer HMD Developments launched its new residential project, Velora Villa, in New Zayed City, marking the company's entry into West Cairo. The project represents an investment of 2 billion Egyptian pounds ($40 billion), company chairman Ibrahim Abd El Dayem told Zawya Projects. Spread over 10 acres, Velora Villa includes 62 stand-alone, twin house, and townhouse units, with a focus on low-density, landscaped living. The compound will feature two commercial strips, health and leisure facilities, two clubhouses and electric vehicle chargers. HMD has appointed Archrete as the design and project consultant. Velora Villa builds on HMD's 23-year track record of real estate development across New Cairo, Maadi, Zagazig, and the New Administrative Capital. (1 US Dollar = 50.03 Egyptian Pounds)
Zawya
19-05-2025
- Business
- Zawya
Egypt: HMD Developments launches Velora Villa in New Zayed
Egypt - HMD Developments has officially launched Velora Villa, a premium residential compound in New Zayed City, marking the company's first expansion into West Cairo. Backed by a total investment of EGP 2bn, this project adds to HMD's strong portfolio, built over more than two decades since its establishment in 2002. Spanning over 10 feddans (approximately 39,315 sqm), Velora Villa comprises just 62 luxury units—including Twin Houses, Townhouses, and Standalone Villas—designed to the latest architectural standards. Surrounded by extensive green spaces, the development offers residents a refined, private, and integrated lifestyle. To cater to a wide range of buyers, Velora Villa features flexible payment options, starting with a 10% down payment and installment plans extending up to 10 years. Additional plans are available over 4, 6, and 8 years, with launch-exclusive discounts of up to 30%. The project's general consultant is Arkrite, a leading design and engineering firm renowned for its work on high-end developments across Egypt and internationally. Velora Villa marks a strategic extension of HMD Developments' footprint, building on its legacy of successful projects in prime locations including New Cairo, Maadi, Zagazig in Sharqia, the New Administrative Capital, and now, New Zayed City.
