La Vita Developments has started delivering units in the first phase of its North Coast project, La Vita North Coast, fulfilling contracts ahead of specified timelines, Invest-Gate reports.
Chairman Amr Abdel Aziz said the handover underscores the company’s seriousness despite current high construction costs. Focusing on accelerated implementation rates maintains customer confidence, he added.
Located on 15,000 sqm along the North Coast, the EGP 350 mn project includes 350 units from 50-105 sqm in a fully-serviced tourist community with a mall, pools, and landscaping.
Vice Chairman Rami Abdel Aziz noted clients have already utilized summer homes as swimming pools are completed. The aqua park is set for summer 2024 as implementation nears completion, with just 40 units remaining after fast sales.
The trust earned will support expansion plans including a new project announced for Kilo 82, for which private land has been secured. Construction will begin before marketing to give customers confidence through viewing progress first-hand.
La Vita’s ability to deliver the coastal development ahead of scheduled timelines and maintain momentum on implementation reflects successful project management skills and financial solvency that reassures investors.