Khaled Sabry Holding has announced opening the door for reservation for its latest residential project, Rosail City, in Mostakbal City, East Cairo.
Khaled Sabry, Chairperson of Khaled Sabry Holding, said that Rosail City is a residential city with an area of over 56 feddan.
He explained that a contract was signed with Kelma Development Consulting to prepare technical and financial studies for the project, in addition to contracting with MOD + Partner as an engineering consultant for the project, in order to provide various engineering solutions and designs that meet the needs and requirements of all targeted social segments.
He further explained that the Egyptian real estate market needs more real estate and residential projects due to the population increase, and that the current time was chosen to launch the project in order to boost the Egyptian economy by providing job opportunities and providing adequate housing for a large number of clients.
CEO of Kelma Development Consulting Ahmed Youssef said that cooperation with Khaled Sabry Holding aims to develop the technical, financial and marketing study for Rosail City project.
He explained that the Rosail City project is characterized by a built-up area of only 18%, which means a low population density, and 82% of the area consists of green spaces, water bodies, artificial lakes, and services.
Meanwhile, Mostafa Amer, CEO of MOD +Partner noted that the Rosail City project comprises different spaces and is divided according to the desire of customers to suit all customer tastes, as residential units in the project are divided into 50% villas, and 50% residential buildings consisting of ground and 6 floors.