Concrete Developments has officially launched its latest project, Jadie Residence, as part of its strategic growth in the residential real estate sector, Invest-Gate reports.
The fully integrated residential compound spans 13 feddans and includes 28 buildings with unit sizes ranging from 50 to 250 sqm.
Yahya Khalil, Commercial Sector Manager at Concrete Developments, announced the company offers attractive launch deals, including a 15% down payment and flexible payment plans of up to 10 years. Khalil noted that these offers are designed to align with the purchasing power of the company’s target clients while maintaining business objectives.
Since its establishment in 2018, Concrete Developments has delivered over 80 projects in areas like Bait Al Watan, North Rehab, and Al Narges Buildings. Khalil emphasized that the company has completed 50% of these projects, with the remaining under construction and expected to be finished within this year and next.
In addition to Jadie Residence, the company is expanding its portfolio with the launch of the C-Yard commercial mall in New Cairo, followed by the O-Yard mall. Additionally, its first residential compound, Elén Residence, was fully sold out shortly after its launch.
Concrete Developments has engaged prominent firms, including Mohamed Tammam from Archrete as the engineering consultant for Elén Residence and Mohamed Rashid from MRB for project management. The company self-finances its projects, highlighting its strong foundation and ambitious plans for the future.