Madinet Masr for Housing andDevelopment
Madinet Masr
Madinet Masr for Housing and Development is one of Egypt’s oldest and most note real estate companies. Over the decades, the company has managed to maintain its impeccable standing in the real estate market because it deeply commits to its values and ambitious vision. The company stands out since it presents to the market well-rounded integrated residential projects that shine back a fuse of modernity and quality. It places the comfort and well-being of its clients as its first priority, which starts with selecting prime locations for its projects to create unique architectural designs that combine beauty and practicality.
Madinet Masr delivers projects on schedule and emphasizes the use of unharmful environmental materials. Additionally, it provides flexible payment plans compatible with different segments of society. The company has become a symbol of quality and trust in the Egyptian real estate market, thanks to its long-standing expertise and distinguished reputation.
How was Madinet Masr for Housing and Development established?
Madinet Masr for Housing and Development (MMHD) is one of the real estate companies that prominently leads the market, and it was founded in 1959. Its history provides a glimpse of its long journey of achievements and developments since its establishment. The company began its operations after President Gamal Abdel Nasser, during the 1960s, granted it 4,500,000 sqm of land in Nasr City to develop its projects. At the same time, the company contributed to the construction of many modern residential complexes, as well as government and ministerial buildings.
The company has far-extended its activities in the 1970s when it added new plots of land to its portfolio, which enabled it to launch several important projects, such as the Nasr City Sports Club, Nasr City’s First Police Station, and the construction of the Unknown Soldier Monument. This growth continued into the 1990s when the company launched the “Diplomatic District” project and it was characterized by architectural designs that were pioneering at the time. It also developed the well-known Al-Waha residential project.
The competent leadership has effectively distinguished the company for the company is managed successfully under the leadership of Engineer Mohamed Hazem Barakat, who, with massive wisdom and extensive experience, assisted the company in becoming one of the major real estate entities in Egypt. There was a change in the leadership of Madinet Masr for Housing and Development after Beltone Financial acquired 88.3% of its shares.
Significant Projects of Madinet Masr for Housing and Development
Sarai Compound New Cairo
Sarai Compound New Cairo is one of the most noticeable projects of Madinet Masr for Housing and Development. The compound is in a great location directly on the Suez Road, near Madinaty and Al-Amal Road. It is placed on an enormous span of 1,250 acres. A greater part of this space is given to green areas and artificial lakes. The company has designed the project to combine European luxury with traditional Cairo-style aesthetics.
The residential units in Sarai start from 126 square meters, offering various options such as apartments, twin houses, townhouses, and standalone villas. Apartment prices begin at 5.5 million EGP, with a down payment of only 10% of the unit’s value, and the rest can be paid over 8 years without interest. Sarai Compound welcomes its residents and visitors with a wide range of amenities, which are proven through comprehensive security systems and a shopping mall that houses numerous brands, providing a comfortable and complete shopping experience without the need to leave the compound.
Taj City New Cairo
Taj City Compound in New Cairo is another important project that Madinet Masr for Real Estate Development was keen to inaugurate in the best form. It boasts a prime location along Thawra Street, near the Ring Road, which easily approaches it from the Suez Road and areas such as Nasr City and Heliopolis, in a little while. The project covers a massive area of 3.7 million sqm (914 acres) and consists of various phases, each with its unique character. It offers a divergent range of residential units, which encompass studios, apartments, duplexes, and villas, starting from 50 sqm. The company has creatively designed the compound to blend Italian, French, and Greek architectural styles to add an elegant and distinctive touch to the project.
Madinet Masr for Housing and Development has spread out over 80% of the project’s area to green spaces and gardens, which grant the feeling of peace and a lush environment for residents. Unit prices start from 15 million EGP, with flexible payment plans available for up to 8 years without interest, and a minimum down payment of 10% of the unit’s value. The compound also includes high-end services, such as a fully equipped medical center with a hospital and specialized clinics, as well as a partnership with international schools to offer quality education within the compound, which smooth life for residents without the need to leave the project to meet their daily needs.
Cavana Lake Compound New Cairo
Cavana Lake Compound New Cairo is one of the most eminent projects by Madinet Masr for Real Estate Development, which was known for its integrated projects that balance luxury with tranquility. The compound enjoys a strategic location southeast of Sarai Compound, near Suez Road and Al Amal Road, therefore, it is close to significant areas and simultaneously far away from the madding crowd. The compound takes up space of 50 acres, and most of the design is given to green spaces and artificial lakes. As a result, all units can have beautiful views. The compound has a multiplicity of villas with modern, stylish, and visually attractive designs, with unit sizes starting from 243 sqm for townhouses, priced from 4 million EGP.
Madinet Masr for Housing and Development has granted its customers a golden opportunity to book their units in the compound with payment plans that are attainable for most customers. The plans start with a 10% down payment and installment options over up to 8 years without interest. The company also worked on setting diverse, high-quality services in Cavana Lake Compound New Cairo. Among these services is a modern hospital equipped with the best technologies to deal with residents’ healthcare issues, as well as commercial centers that include stores from well-known brands. These features are part of the goals and vision of Madinet Nasr for creating integrated residential communities that offer a complete living experience combining comfort, luxury, and independence.
Primera Compound Al Waha City
Primera Compound is located in the middle of Nasr City, standing out in Al Waha area of the 10th District, thus it is in a prime location close to the largest routes such as Al-Moshir Tantawy Axis and Al-Wafa Wal Amal Road. It is also near prestigious educational institutions and hospitals, so families can find their forever home there. The project measures a large area that combines modern residential buildings with contemporary designs reflecting a luxurious lifestyle, alongside expansive green spaces and water features that provide tranquility and beauty. The units within the compound range from apartments, and duplexes, to penthouses, with sizes starting from 70 sqm, and the average price per sqm is 11.700 EGP, with payment facilities extending to installments over 8 years.
Madinet Masr for Housing and Development has established Primera Compound Al Waha City while proposing a number of services providing all residents’ needs, such as electronic entrances for security and privacy, along with designated walking and jogging areas, a health club equipped with modern devices, and kids area. Madinet Masr for Housing and Development has excelled in developing this project, which presents a residential life that blends comfort with contemporary design. Thanks to its extensive experience in the real estate sector, having developed over 40 million sqm of urban spaces since its inception, the company has become a significant name in the Egyptian real estate market.
Why is Madinet Masr for Housing and Development one of the Top Real Estate Developers in Egypt?
- The company always delivers its projects strictly on time without any delays, which has earned the trust of its customers.
- It prioritizes providing a comfortable and integrated living experience since it places the needs and comfort of clients at the forefront. Also, the company aims to strengthen its relationships with its customers and to make it founded on honesty and transparency.
- Madinet Masr works on developing residential communities that align with modern styles, relying on thorough studies of the local market to meet the changing and diverse needs of residents. It pays attention to the smallest details in its projects to keep up high construction quality and a lavish living experience. Additionally, the company uses environmentally friendly building materials to protect the health and safety of residents.
- The company is known for offering elegant and distinctive architectural designs inspired by international styles, and it provides residential units in a variety of sizes to satisfy different customer needs. Its projects stand out for their competitive prices compared to other real estate developments in the market.
- Madinet Masr for Housing and Development continuously applies the latest technologies in construction and design to make certain of precise execution and work efficiency. This many years of experience have enabled the company to understand market demands and introduce projects that level up to customer aspirations. The company offers fully serviced residential complexes, including essential and recreational facilities, ensuring residents a comfortable and stable life.
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