Azmeel Group Invests EGP 250 M in 12 New Projects

Monday, 1st August 2016

Azmeel Group Real Estate announced the launch of 12 new real estate projects with total investments of EGP 12 billion, Al Borsa News reported.

Head of the Commercial Sector at Azmeel Ahmed Ibrahim said, during Al-Ahram Real Estate exhibition, that among the projects are three in the Lotus area in the Fifth Settlement, with a total area of 1,000 square meters and an investment cost of EGP 90 million.

Three similar projects will be established as part of the Bayt Al-Watan project, with an investment cost of EGP 60 million.

Ibrahim further added that six projects were established, between the Quronfel and Anadalus areas, on a total area of 700 square meters and a cost of EGP 90 million, according to Albawaba News.

He further noted that the company provides a number of payment options for potential homeowners, designed to incentivize them and facilitate the payment process according to their needs.

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