Ibtikar Developments achieves real estate sales worth EGP 300 mn in its projects in New Cairo in 2022, Invest-Gate reports.

The company plans to double its sales in 2023.

The company has many different sales methods, which gives flexibility to its employees and customers to choose the appropriate sales methods for purchasing housing units, a member of the sale team, Mostafa Mohammed, says.

He adds Ibtikar aims to simplify the procedures for purchasing residential units, as it has multiple payment systems, whether to buy the unit on a cash basis or in instalments, as the payment periods reach 5 years.

Mostafa remarks that despite the challenges facing the real estate sector sales are improving in the market.