By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    HDB targets 25% growth in profits, various activities by 2023-end: CEO
    HDB targets 25% growth in profits, various activities by 2023-end: CEO
    June 4, 2023
    Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
    Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
    June 4, 2023
    146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
    146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
    June 4, 2023
    Al Ahly Pharos tops brokerage ranking in May
    Al Ahly Pharos tops brokerage ranking in May
    June 4, 2023
    Beltone Leasing signs EGP 500m sale-and-leaseback agreement With Hassan Allam Properties
    Beltone Leasing signs EGP 500m sale-and-leaseback agreement With Hassan Allam Properties
    June 4, 2023
  • Politics
    PoliticsShow More
    Iranian, Saudi FMs meet on bilateral ties
    Iranian, Saudi FMs meet on bilateral ties
    June 4, 2023
    Egypt’s PM inspects service, development projects in Alexandria
    Egypt’s PM inspects service, development projects in Alexandria
    June 4, 2023
    FM Shoukry attends inauguration ceremony of Turkish President
    FM Shoukry attends inauguration ceremony of Turkish President
    June 3, 2023
    1 Egyptian security personnel, 3 Israeli soldiers were killed in border shooting
    1 Egyptian security personnel, 3 Israeli soldiers were killed in border shooting 
    June 3, 2023
    India train crash kills at least 207, injures hundreds 
    India train crash kills at least 207, injures hundreds 
    June 3, 2023
  • Interviews
    InterviewsShow More
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    May 31, 2023
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    May 25, 2023
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    May 8, 2023
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    April 29, 2023
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    April 18, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Better Home completes concrete works of Midtown Villa in NAC
Share
Notification
Latest News
HDB targets 25% growth in profits, various activities by 2023-end: CEO
HDB targets 25% growth in profits, various activities by 2023-end: CEO
Banking
Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
Banking
146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
Banking
Al Ahly Pharos tops brokerage ranking in May
Al Ahly Pharos tops brokerage ranking in May
Business
Beltone Leasing signs EGP 500m sale-and-leaseback agreement With Hassan Allam Properties
Beltone Leasing signs EGP 500m sale-and-leaseback agreement With Hassan Allam Properties
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Real Estate > Better Home completes concrete works of Midtown Villa in NAC
Real Estate

Better Home completes concrete works of Midtown Villa in NAC

Shaimaa Al-Aees
Last updated: 2019/05/29 at 10:26 PM
By Shaimaa Al-Aees 3 Min Read
Share
Real estate developers aim to participate in Egypt's social, middle-income housing
Real estate developers aim to participate in Egypt's social, middle-income housing
SHARE

Better Home, the first real estate developer in the New Administrative Capital (NAC), announced the completion of the concrete works of Midtown Villa project within only six months. The company also aims to complete all external finishings of the project in the coming period, according to Ashraf Adel, the company’s general manager.

During a journalists’ tour in the project on Tuesday, Adel pointed out that the Midtown Villa was the first project to obtain a ministerial approval in the NAC, explaining that the project’s built up area is only 20% of project area comprising of 390 villas with spaces ranging between 350 and 500 sqm.

He elaborated that the project was sold out within one month since its launch, noting that the achievement by the project on the ground is in line with the unprecedented achievements that are taking place in the NAC, which confirms the keenness of the state regarding the success of this giant national project.

Additionally, he noted that the current great demand by real estate developers to seize an investment opportunity in the NAC emphasises the success of the company’s vision, which relies on the use of experience in the construction of new cities.

He explained, “The company believes in the importance of the feasibility of investing in this giant urban project, which will bring a great civilizational transition to Egypt by creating many opportunities for housing and providing a smart life that keeps pace with continuous technological progress.”

Midtown Villa spans over 60 feddan close to exhibition grounds, AlMasa Capital, Central Garden, Cathedral and Green River, where it is designed with the latest engineering designs.

The general manager disclosed that the company intends to expand in the NAC with more residential and commercial projects in the coming period to be announced soon.

The company has recently launched Midtown Sky, stretching over 122 feddan in R7, and includes standalone villas, twin houses, townhouses, apartments, as well as commercial units, where prices start from EGP 1m, Adel pointed out, noting that 50% of the units of the project are apartments of different sizes starts from 90 sqm, and 50% are villas.

Additionally, the company owns the Midtown Solo project on 66 feddan in R7, comprising of standalone villas with various spaces and prices. In addition, Midtown Condo, which is the third project for the Better Home Group in the NAC, and spans over 60 feddan in R7, close to embassies district in the NAC, encompasses apartments only.

You Might Also Like

Sorouh partners with RICON Construction to establish new projects with EGP 30bn investments

Real Estate Development Chamber proposes solutions to boost local market

Housing Ministry allocates 250-feddan land plot to Madaar to build Azha North project

Contact Developments launches its 4th project in New Capital, Eval Towers

Infinity Towers completes 55% of construction of its flagship project in New Capital

TAGGED: Better Home, Midtown Villa, NAC, Real Estate
Share this Article
Facebook Twitter Email Print
Previous Article Op-ed review: Burhan’s visit to Egypt, Saudi oil tanker attack grasp media attention
Next Article UK Secretary of State for International Trade concludes visit to Egypt
Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

HDB targets 25% growth in profits, various activities by 2023-end: CEO
HDB targets 25% growth in profits, various activities by 2023-end: CEO
Banking
Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
Banking
146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
Banking
Al Ahly Pharos tops brokerage ranking in May
Al Ahly Pharos tops brokerage ranking in May
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?