Madinet Masr for Housing and Development (MMHD), a leading real estate developer in Egypt, has announced the launch of its latest project, “Butterfly,” through its subsidiary Minka, which specializes in unique and innovative developments, invest-Gate reports.
This new venture reflects the company’s ongoing efforts to diversify its offerings and cater to various tastes in the real estate market.
Strategically located on Al-Amal Axis in Mostakbal City, “Butterfly” represents a significant step forward for Madinet Masr, with projected sales reaching EGP 64 bn. The project highlights the company’s commitment to building integrated, sustainable communities that blend elegant design and high living standards.
Moreover, spread over 187 feddans, “Butterfly” offers a serene, natural environment featuring luxury residential units inspired by Mediterranean architecture. The project includes S Villas of 238 sqm, townhouses ranging from 245 to 256 sqm, and standalone villas from 175 to 240 sqm, providing a variety of living spaces to suit different needs.
Furthermore, the project’s design is inspired by a butterfly’s wings. It integrates green spaces and water features with residential areas to create a visually appealing and functional living environment. The development also features a vibrant commercial area with a 729-meter frontage on Al-Amal Axis, offering residents access to premium shopping and dining options.
Commenting on the launch, Eng. Abdallah Sallam, President and CEO of MMHD, said, “The Butterfly project marks a significant milestone in our expansion plans and is our first investment in Mostakbal City, one of Egypt’s most promising new cities.”
He added, “We aimed to combine luxury and sustainability in Butterfly, using eco-friendly materials and advanced technologies to reduce energy and water consumption, staying true to our commitment to building sustainable urban communities.”
In a prime spot near the New Administrative Capital, Shorouk, and New Heliopolis, Butterfly offers easy access to key areas, making it an attractive option for residents seeking both convenience and luxury.
Notably, the project incorporates top security measures, ensuring residents’ safe and comfortable living experiences.
