Eng. Ashraf Shahin, the Vice Chairman of Margins Developments, noted that the project spans 35 feddans, with a construction ratio of just 16% of the total area, leaving ample green spaces for residents to enjoy, Invest-Gate reports.
As part of its expansion strategy in the Egyptian market, Margins Developments has revealed “Lusail” as part of its forward-thinking vision aimed at offering clients luxurious and sophisticated living within innovative, urban communities that present a new concept of housing and investment.
During a press conference where details of the new project were unveiled, Eng. Mohamed Al-Asar, Chairman of Margins Developments, emphasized that the company’s core vision is focused on delivering unique projects that provide added value at competitive prices. This approach not only solidifies the company’s standing within the real estate market but also supports its plans for internal and external growth.
He added that “Lusail” is characterized as a fully serviced residential project located at key intersections in New Cairo. It aims to deliver a unique living experience and joins a portfolio of diverse developments by the company. Eng. Al-Asar highlighted that Margins Developments relies on precision, excellence, and innovation to lead the architectural development sector since its inception. The company aims to create a distinct and unconventional model that leaves a significant impact in the market, aiming to reshape the ordinary real estate landscape in Egypt and the Middle East within a remarkably short timeframe.
Eng. Ashraf Shahin further emphasized that “Lusail” will embody the innovative architectural and service principles that Margins Developments is known for in all its current and future endeavors. The project will embrace contemporary and sustainable architectural styles, utilizing only 16% of the total land area for construction while dedicating the rest of the land, approximately 35 feddans, to green spaces, artificial lakes, and essential services.
Dr. Maher Astino, the founder and Chairman of Sites International, a leader in landscape engineering and architectural planning, expressed his happiness in collaborating with Margins Developments on their new project, “Lusail.” He praised the company’s strength and performance as well as their determination to adopt a different engineering and construction vision. He noted the shared visions and goals between the two companies in creating a special and innovative project for the Egyptian market.
The overall landscape design ensures that all units feature stunning natural views, playing a crucial role in providing a unique harmony for the project. Additionally, the project will incorporate varied heights at different levels, giving each unit a distinct advantage, and will include isolated pathways for vehicles to enhance safety for children, thereby ensuring a secure environment while preserving the area’s green landscapes for relaxation and tranquility.