The alliance between IMS Developments and Winvestor Developments has announced the start of construction works on the first phase of its flagship project, Capella Residence, located in El-Ma‘rag El-Sofly, Maadi. This milestone follows the completion of all required licenses and permits in record time, underscoring the partners’ commitment to delivering on promises and providing high-quality real estate products, Invest-Gate reports.
Spanning 9,227 sqm, Capella Residence occupies a strategic location just minutes away from Hasballah El-Kafrawy Axis, connecting Maadi with New Cairo, Heliopolis, and the Autostrad Road. The development consists of 15 residential buildings comprising 280 units, with sizes ranging from 85 sqm to 187 sqm, designed to accommodate diverse customer needs.
Dr. Hisham Ibrahim, Founder of IMS Developments and Managing Director of Winvestor, emphasized that the swift transition from launch to construction highlights the company’s seriousness and adherence to its timelines. “We successfully completed the licensing process in record time and have already commenced construction, which reassures our clients of the project’s credibility and fast-track execution. Our goal is to deliver a residential product that meets the trust of our clients while adhering to the highest architectural and construction standards,” he said.
Ibrahim added that reservations for the second phase of Capella Residence will open in the fourth quarter of 2025. The project, he noted, offers an integrated living experience combining a prime location, modern design, and superior quality standards, positioning it as one of the most prominent residential communities in the heart of Maadi.
The project is being developed through a strategic partnership with El Nasr Housing and Development, one of the companies of the Holding Company for Construction and Development under the Ministry of Public Business Sector. Architectural consultancy is provided by Criteria Design Group, while Value Engineering Consultancy serves as the general consultant overseeing full technical supervision.