Beta Real Estate Development has officially introduced its latest venture, the Beta Residence, spanning 20 acres in the 6th of October City with investments of EGP 5 bn. This new project showcases innovative concepts and unique designs focused on creating serene vistas that harmonize with lush green spaces, tranquil water features and cascading waterfalls, Invest-Gate reports.
With the Beta Residence, Beta Real Estate Development continues to build its legacy of success. The company started out in real estate development in 1993 by investing in new cities like Mostakbal City and 6th of October. It then implemented a series of integrated real estate projects that have transformed urban living and attracted further investment in the region.
During a press conference attended by executives from various consulting firms and media representatives, Eng. Alaa Fikry, Chairman and Managing Director of Beta Real Estate Development, unveiled details about the Beta Residence project, which boasts a prime location adjacent to Fayoum Tourist Road. Eng. Fikry expressed excitement about collaborating with partners who enhance the company’s mission of creating distinguished communities that emphasize quality and innovative design.
To ensure the project’s success, Beta Real Estate Development has teamed up with several top-tier firms specializing in design and execution, including Okoplan, the project’s general consultant, and Mito Consult, responsible for network and infrastructure development. This collaboration aims to deliver a groundbreaking product that enriches the market, reflecting the company’s three-decade legacy.
To reflect its evolving strategy and vision for the Egyptian real estate sector, the company rebranded from Beta Egypt for Urban Development to Beta Real Estate Development. Eng. Fikry highlighted that Beta Residence embodies this new identity, encompassing 20 acres designed to foster a vibrant and cohesive community.
The project’s design elements are meticulously crafted to stand out within the real estate landscape, incorporating features like landscaped areas, pedestrian pathways, and water elements influenced by Mediterranean architecture. One of the standout aspects of Beta Residence is the “Spine,” a broad pedestrian path that runs through the compound, offering picturesque views of the social club, greenery, and lounge areas.
A key focus during the project’s design was creating a pedestrian-friendly environment that encourages leisurely walks away from traffic congestion. This reflects the project’s commitment to sustainability, environmental stewardship, and promoting a healthy lifestyle.
In addition, Beta Residence will feature diverse amenities, including a commercial zone, children’s play areas, and electric vehicle charging stations. Recreational facilities will encompass the Beta Sports Club, a gym, swimming pools, waterfalls, and seating areas surrounded by nature.
Beta Residence offers 770 units, including luxurious double-height entrances and two- and three-bedroom apartments with semi-finished living spaces ranging from 90 to 220 square meters. With an attractive launch phase that includes a down payment starting at just 5% of the unit price, the company offers payment plans extending up to 8 years, with delivery anticipated within 4 years.
The architectural design of the Beta Residence ensures most units provide breathtaking views of the expansive greenery. Ground-floor apartments will also feature private gardens and dedicated underground parking facilities.
Over its more than 30-year history, Beta Real Estate Development has successfully completed numerous unique projects across East and West Cairo, ranging from residential and commercial developments to sports complexes. The company is currently embarking on its eleventh project, Beta Residence, continuing its tradition of meticulous execution and a commitment to exceeding expectations in quality, service, and credibility. To date, over 25,000 individuals have enjoyed the benefits of Beta Real Estate Development’s innovative projects and services.