Beta Egypt for Urban Development announces the completion of the first phase of its project Beta Greens, New Cairo Compound, located in Mostakbal City, Invest-Gate reports.

Additionally, the real estate company remarks that it will deliver the first and second phases of Beta Greens New Cairo in six months.

The Company Chairperson Alaa Fekry says, “The company is currently working on completing the first and second phases and has contracted with companies for water and electricity connection.” Moreover, he adds that the company has also contracted with WE Telecom Egypt and will sign a contract for natural gas connection to the compound units in the coming days, indicating that the company is racing time to finish installing services by the scheduled delivery time.

In the same context, Fekry declares that Beta Egypt has completed 75% of the constructions of the project’s second phase. Besides, it is expected to finish it in 2023, pointing out to the effort exerted by Mostakbal Urban Development Egypt, the owner and general developer of  Mostakbal City, to support and facilitate services to Beta Egypt.

Beta Greens  Compound spans over 25,000 acres, with total investment capital of EGP 1 bn. It comprises 730 residential units ranging from apartments, family villas with independent, townhouses, and twin house designs, while the residential unit areas range from 90 to 250 sqm.

Furthermore, Fekry asserts that the company focuses on three criteria, high-quality services, maintaining the customers’ interests and trust, and delivering units before the scheduled time.

It’s worth mentioning that Beta Egypt had implemented a number of urban development projects in the Greater Cairo area and new cities like Obour City and October Gardens District, where Beta Gardens, Beta Greens, and Golf Residence Beta compounds were built.