First Group Developments launches its new project, Silva, in Sheikh Zayed, according to Basheer Mostafa, CEO of the company, Invest-Gate reports.

Mostafa remarks that Silva extends over 20 acres with total investments of up to EGP 750 mn. The integrated residential project consists of villas only, including twin houses, townhouses, and standalone villas, with various spaces.

Additionally, he clarifies that the project is characterized by unique architectural designs, and the project’s construction is going to take place within two years and that the entire project is planned to be delivered by the end of 2023.

For his part, Mohamad Abd Elmordy, a commercial director at the company, explains that the Silva project comprises 138 units, in addition, it features green spaces, an entertainment area, security services, along with a ring road surrounding the project to ensure movement ease.

Moreover, Abd Elmordy announces offering the project for reservation, highlighting that the company will present special offers and payment facilities for up to eight years.

Furthermore, Mostafa discloses that the company’s projects Kazan Plaza 1, Kazan Plaza 2, and Kaya Plaza in the 6th of October City in west Cairo have witnessed a great turnout from consumers to purchase administrative, medical, and commercial units.

The finishing work of Kazan Plaza 1 is complete, in addition to the operation procedures, Mostafa elaborates, adding that 50% of the administrative and medical units at Kazan Plaza 2 is sold out, and 60% of the construction work of Kaya Mall is done. Besides, leasing offers from well-known brands are currently under review.