Cornerstone Development organized a brokers event on October 27 to create some buzz around its first home project in the New Administrative Capital (NAC), named “The Curve,” Invest-Gate reports.
Held in the attendance of numerous brokerage firms, the event saw Cornerstone Development Chairman and Managing Director Ashraf Boulos indicating reasons for picking NAC, in specific, as the ideal location to betoken the company’s keenness to implement innovative, competitive real estate products.
The Curve, which was officially released back in 2019, represents the essence of the Egypt-based developer’s international and local expertise to tailor one-of-a-kind properties with different designs and features, Boulos explained.
Moreover, he said deals were already sealed with first-rate contracting and building materials companies.
On his part, Cornerstone Development Sales Director Amr Elbialy highlighted that the mixed-use project will encompass various commercial, administrative, cultural, and sports services, in addition to extensive greeneries, swimming pools, and a library.
Residences will be delivered with a “FlexiFinish” system which allows customers to get units at an 80% finishing rate, while also giving them the freedom to finalize decoration, lighting, flooring, and other related touches, Elbialy further added.
The sales director also confirmed the participation of Cornerstone Development in the upcoming Cityscape exhibition next November, where a myriad of exclusive offers, facilities, and flexible schemes of up to 10 years will be put forth for visitors throughout the four-day show.
With an authorized capital of EGP 600 mn, Cornerstone Developments holds a strong foundation to consolidate its name among the leading Egyptian property developers in the near future. The company eyes key areas for expansion with more real estate projects in NAC, alongside studying promising grabs in coastal cities across the country, Boulos revealed in a previous press release.