IL Cazar Developments Launches VÉA Residential Project in Sixth Settlement with Investments of EGP 20 Billion

IL Cazar Developments Launches VÉA Residential Project in Sixth Settlement with Investments of EGP 20 Billion

IL Cazar Developments announced the launch of its latest residential project, VÉA, in the Sixth Settlement, one of the most promising areas in New Cairo. The project spans 100 acres with a total investment of approximately EGP 20 billion, comprising 400 residential units, designed to enhance privacy and provide residents with a comprehensive lifestyle experience, Invest-Gate reports.

Commitment to Timelines and Early Delivery

Nader Khuzam, Chairman and CEO of IL Cazar Developments, confirmed that around 70% of the construction work has been completed. This reflects the company’s commitment to its set timelines, with plans to deliver the initial phases of the project ahead of schedule in 2028, strengthening customer confidence.

Diverse Designs and Expansive Green Spaces

VÉA offers a variety of unit types, including detached villas, townhouses, and private executive villas, designed to suit different lifestyles. The project features a low construction ratio of just 14%, with extensive green spaces and water features designed to enhance comfort and privacy, according to the architectural plans by Raef Fahmy.
Comprehensive Services and Amenities
The project provides a wide range of services and amenities, including:
Clubhouse
Gardens and open spaces
Outdoor Fitness Hub
Additionally, VÉA offers flexible payment plans starting with a 5% down payment and installment periods of up to 10 years, making investment in the project more accessible.

IL Cazar Developments and Leadership in Urban Development

IL Cazar Developments is a leading company in creating innovative residential and tourism communities that combine smart design, integrated luxury, and environmental sustainability.

The VÉA project aims to reinforce the company’s position as a pioneer developer contributing to the state’s goals for comprehensive development and smart, sustainable urban communities.

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