Just Development, in partnership with Inter Build Developments, is preparing to launch a new mixed-use project in Downtown of Egypt’s New Capital this September, with targeted sales of EGP 2 bn, Invest-Gate reports.

Chairman Osama Gomaa said the project spans 4,150 sqm in a prime location overlooking the Western Axis and a major public parking facility. It will feature three basement levels and 12 floors, each covering 1,350 sqm, offering commercial, administrative, and serviced apartment spaces.

Eng. Ahmed Gomaa, Vice Chairman and Managing Director of Just Development estimated the investment cost at EGP 1 bn and confirmed that construction is scheduled to start early next year. He stressed the company’s commitment to meeting deadlines, backed by its strong track record in design, supervision, and execution.

Mr. Ashraf Raef, Chairman of Inter Build Developments highlighted the strategic partnership, citing Just Development’s market reputation and board expertise. He noted that Archrete will handle project design, Identity will provide engineering consultancy, and a leading management company will soon be contracted to operate the property.

Mr. Nabil Qirat, Head of Commercial Sector of Just Development said the company will implement unconventional sales and marketing strategies, offering flexible payment terms of up to 12 years, returns on down payments, and guaranteed rental income starting one year after delivery. He added that strong launch offers will be announced soon, aiming to attract both local and foreign investors.