Madinet Masr launches “Elan”, its latest project in sarai

Madinet Masr launches “Elan”, its latest project in sarai

Cairo: Madinet Masr (Stock code MNHD.CA), one of Egypt’s leading urban community developers, has announced the launch of “Elan”, a mixed-use development, and the latest project in Sarai. Spanning an area of 5.5 million square meters, Sarai is strategically located near the New Administrative Capital on Cairo-Suez Road. This launch is part of Madinet Masr’s expansion strategy following the introduction of the new brand name of the company that is built on pursuing growth. “Elan” features a diverse range of residential units, more than 2,800 units with a total built-up area of 347,043 square meters. The units range from apartments with gardens of 80 to 165 square meters in space, penthouses ranging from 130 to 190 square meters, lofts of 80 square meters, and duplex units ranging from 170 to 210 square meters. The various types of units offered reflect the company’s efforts to cater to the needs and demands of customers and are scheduled to be delivered within four years. Stretching over 356,000 square meters, the residents of “Elan” will have access to amenities, and educational and recreational activities available at Sarai. These include shopping areas, restaurants, an international school, a luxury hotel, and a water lake. The project