Eastern Developments has announced that it has successfully completed 65% of the construction of the “Genova West” project, Invest-Gate reports.
The company has now begun the phase of connecting the project’s facilities and infrastructure, allowing customers to benefit from their units once the delivery process is completed and the project becomes operational.
Ahmed Fouda, Chief Commercial Officer at Eastern Developments, stated that the company’s mission extends beyond merely building and delivering units. Eastern Developments focuses on providing all the essential services that ensure customers receive integrated housing upon project completion and commencement of operations. He pointed out that the company has started the initial delivery to customers in the project.
Fouda added that the initial delivery of units has begun approximately five months ahead of schedule, reflecting the company’s commitment to timely implementation and delivery while adhering to the highest quality standards. The initial delivery to customers is planned to conclude in June 2025, while the full delivery and operation of the project are scheduled to be completed by December 2025.
He explained that the project is being executed through self-financing and self-execution, with approximately 22.5% of the area designated for streets, services, a social club, and two commercial malls. The company has developed a clear plan for implementation and delivery according to the specified timelines. Despite the challenges posed by fluctuating costs, the company has managed to navigate these changes and uphold its commitments to clients.
Fouda noted that the “Genova West” project spans 20 feddans and is an integrated residential development comprising 32 buildings with a ground floor and five additional floors. The implementation rate of the project has increased to 65% within just a year and a half since its launch, demonstrating the company’s dedication to quality and timely delivery.