Wady Valley Developments has announced the commencement of construction on the first phase of “The Capital,” the first smart residential compound in 10th of Ramadan City, Invest-Gate reports.

With a total investment of EGP 2 billion, the company has also launched the project’s second phase, offering clients flexible payment plans extending up to six years.

For his part, Tamer ElAkkad, CEO of Wady Valley Developments, highlighted the unique features of “The Capital,” which is strategically located on 7.5 feddans in a prime area of 10th of Ramadan City. The project includes 124 villas of varying sizes and a commercial mall offering a wide range of services and activities for residents.

Moreover, Wady Valley Developments, a joint venture between Al-Ahram Security Systems, led by Samir Aref, and Dar Al-Binaa Real Estate Asset Management, headed by Amr El-Ghoneimy, oversees the project. Both companies bring extensive experience and a solid real estate development and investment track record.

ElAkkad emphasized that “The Capital” introduces a new standard of living in 10th of Ramadan City, the first smart compound in the area. The project features luxurious villas, expansive green spaces, and a commercial mall offering various amenities, including restaurants, a children’s playground, shopping areas, a supermarket, a gym, and retail outlets featuring global brands, all with scenic terraces overlooking the city.