Grand Plaza launches its Mirasol Lamirada Al Mostakbal project

  • Date: 15-Jun-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Grand Plaza launches its Mirasol Lamirada Al Mostakbal project

Cairo: Engineer Sherif Othman, Chairman of the Board of Directors of the real estate and tourism investment company Grand Plaza, announced that the company has completed 80% of the first phase of the Lamirada Al Mostakbal project, with delivery set to begin in the middle of next year.

The company is now targeting the launch of the second phase, "Mirasol", which will include 140 units spread across 9 acres, with 80 townhouses and town corners starting from 257 square meters and 60 duplex units starting from 198 square meters. Othman pointed out that the company is always working to meet the increasing demand in the market and to provide real estate products that are suitable for customers' needs.

Othman also stated that the targeted sales from the launch are estimated at approximately EGP 800 million, in line with the company's sales and marketing plan that is tailored to the current market situation. He noted that the recent period has witnessed a great demand from customers for the Al Mostakbal City project, coinciding with the start of companies delivering their projects, and with the Future Urban Development Company, "Medar", completing a large percentage of the facilities and roads within the various stages of