Madinaty, NUCA Reach Settlement Over 8,000 Acres
Tuesday, 11th October 2016
The New Urban Communities Authority (NUCA) and Talaat Moustafa Group have agreed to settle a dispute over 8,000 acres in the Madinaty compound, following the Cabinet’s approval, according to Ragaa Fouad Head of the Project and Planning Department in NUCA.
Monday, 5th September 2016
A leading community real estate developer in Egypt, Talaat Moustafa Group (TMG) was established in 1992 . The group has a land bank of 50 million square meters, and has been working in development for more than 37 years.
TMG aims at developing communities through establishing self-sustained residential units. Its projects include Rehab City, Madinaty, May Fair, and Al-Rabwa I & II. Other projects include hotels and resorts in Nile Plaza, San Stefno Alexandria, and Sharm El Sheikh. The company is traded on the Cairo & Alexandria Stock Exchange.
One of TMG’s projects is Al Rabwa, located in Sheikh Zayed City. The compound is 140 meter above sea level, to ensure a clear environment. It is built on 2,043,662 square meters of land, comprising of 970 villas.
- Golf course
- Artificial lake
- Green areas
- Maintenance and repair
- Shopping mall
- Super market
- Drainage system
- Club house