Taj Misr Developments intends to launch residential project in West Cairo by Q4

  • Date: 16-May-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Taj Misr Developments intends to launch residential project in West Cairo by Q4

Mostafa Khalil, Chairman of Taj Misr Developments, said that the project, which extends over an area of 132 acres in Sheikh Zayed City, is located in a privileged location that gives it a number of competitive advantages, especially as it will include multiple real estate products.

Khalil added that the company's strong financial solvency, customer confidence, and the great success achieved by the new administrative capital's projects encouraged the company's management to enter into a new project to complement the company's expansion plan in the Egyptian market.

He added that Taj Misr Developments has completed 65% of the construction of the De Joya 3 project, has completed 50% of the construction of De Joya 1, De Joya 2, and Ezdan Mall, and has also started the construction of Taj Tower.

Taj Tower is located in the New Administrative Capital over an area of 8,057 square meters, with a height of 47 floors, and includes commercial and administrative activities.

Khalil confirmed that the company is cooperating with major specialized companies to present projects that are able to compete strongly in the Egyptian market, pointing out that Dr. Medhat Dorra is the main consultant of all Taj Misr projects.

In the first quarter of this year, Taj