El Mansour Development to redevelop the 30-acre Sarayat El Kattameya project with investments exceeding EGP 800mn, Invest-Gate reports.

Chairman of El Mansour Development Mohamed Mansour declares that the project comprises 3,800 housing units, adding that the company is currently developing it to restore its splendor and aesthetic features and to maintain its investment value.

Mansour notes that the development work focuses on optimal use of available spaces, explaining that the project’s public utilities will be carried out within six months, which has been started during the current period.

Furthermore, the Sarayat El Kattameya project is distinguished by its prime geographical location in the heart of Cairo on Maadi Ring Road, which makes it a starting point for all main road axes, linking them with New Administrative Capital on one side, and Maadi, Nasr City, Heliopolis, and downtown on the other side, he explains.

In this regard, Mansour elaborates, “The facades of buildings within the project are being unified to have a unified architectural shape and character. Moreover, the interest in the renovation of previous projects owned by the company supports our future relations with new clients.”

Moreover, Mansour points out that the company is carrying out road works and lighting internal streets of the project with the highest levels of quality and efficiency, in addition to landscaping, which is being developed by MNS company, a subsidiary of El Mansour Group.

He stresses that the company has an integrated plan to take care of its previous projects in parallel with the development of new projects, within the framework of taking care of all its customers, preserving their investments in its projects, and preserving investment value of projects as a whole.

It is noteworthy that El Mansour focuses its projects on the largest segment of the real estate market, which is middle-income people that represents the largest proportion of the market and faces a shortage in supply of units that suit their purchasing capabilities.