Laverde Developments is accelerating its efforts in Egypt’s New Capital through the execution and handover of residential units in its two flagship projects, Laverde New Capital and Laverde Casette, Invest-Gate reports.

These projects reflect the company’s commitment to offering modern residential communities where infrastructure, green spaces, and high-quality services are seamlessly integrated.

In line with its construction timeline, the company has recently started delivering the first phase of Laverde New Capital. Over 120 residential units have been prepared for handover, with clients already beginning interior finishing work—marking a major milestone that reaffirms Laverde’s focus on quality, client satisfaction, and market credibility.

Chairman Ibrahim Lashin stated that construction progress has reached advanced levels, with Laverde New Capital achieving 70% completion in residential phases and Laverde Casette surpassing that figure. This accelerated pace in several project phases underscores the company’s efficiency and commitment.

The Laverde New Capital project spans approximately 35 acres, with 80% of the land allocated to green and service areas, and the remaining 20% dedicated to construction. This approach creates a balanced urban design and a comfortable residential environment.

Meanwhile, Laverde Casette spans 50 feddans and maintains an even lower building density, at just 10%, with 90% of the land allocated to landscaping and amenities, offering residents an open, nature-centric lifestyle.

Lashin added that the current handovers involve residential apartment buildings in Laverde New Capital, which features a mix of apartment buildings and villas. In contrast, Laverde Casette focuses primarily on villas, including Townhouses, Twin Houses, and Standalone Villas, with only four residential buildings on the site.

In terms of unit sizes, Laverde New Capital offers apartments ranging from 135 sqm to 270 sqm, and villas from 480 sqm up to 1,063 sqm. Laverde Casette offers villas ranging from 284 sqm to 639 sqm, ensuring a wide selection to cater to the diverse preferences of various client segments.

Lashin emphasized that Laverde adopts a flexible strategy to navigate current real estate market challenges, including rising construction costs, fluctuating interest rates, and shifts in consumer demand. As part of this approach, the company is diversifying its product portfolio—not only in terms of apartment and villa types, but also by integrating hotel suites, retail outlets, and office spaces into its projects.