MAVEN Developments holds a roundtable to discuss the latest developments of its projects, investments, and future plans to strengthen its presence in the Egyptian real estate market, Invest-Gate reports.
Moreover, the company reviews the development processes of Cali Coast project in the North coast and Baymount in Ain Sokhna, besides the most prominent partnerships that MAVEN holds to provide integrated modern life and unique services to its customers.
Mohamed Rushdy, founder and president of RiverWards group, and Vice president and board member of MAVEN, explains many files related to MAVEN and the strategies implemented during the past three years, which led to tangible results and clear successes. The company has a total market value of its projects of more than $ 500 mn.
Rushdy adds that Cali Coast in the North Coast has a total investment exceeding EGP 16 bn and more than 900 customers. The project also exceeds the target sales rates during the last period, as it is located in the heart of Ras Al-Hekma, which is one of the main touristic and entertainment destinations in the North Coast.
Further, the buildings in the project represent about 13% of the total area varying between villas and chalets, in addition to hotel units that meet the customers’ needs.
MAVEN partners with AXA, the world leader in providing insurance services, so the owners of MAVEN projects can enjoy many distinctive insurance services. These services include home protection services, monthly installments insurance for customers, roadside assistance service, in addition to medical services from OneHealth specialized clinics with a 25% discount in all branches on all specialties, as well as free online medical consultation services for all Cali Coast owners.
Alike, the company completes all the required approvals from the concerned authorities. Additionally, the MAVEN develops new units of its kind in Cali Coast, which is a duplex chalet features two floors on an area of 108 sqm. It includes from two to four bedrooms and a large terrace overlooking the landscape between the sea and the gardens, and provides customers with options between the ground and the first floor or the second and third floor.
As for Baymount project, it is located in the Red Sea area between Ain Sokhna and Zaafarana, at altitudes up to 240 meters above sea level, adjacent to the AL Jalala Resort and within walking distance of the new International Marina in Al Jalala City. The project has various units that have stunning panoramic sea views and all services that provide customers with luxury and enjoyment.
In a similar vein, Hossam El Sharkawy, vice chairman and CEO of MAVEN Developments, explains that the company is keen to conduct development operations in Baymount to achieve customer satisfaction, hence the company reduces the number of project units and increased open spaces within the project. MAVEN also develops the Spectrum Park area to make use of landscape areas.
El Sharkawy stresses that MAVEN Developments is keen to establish distinctive partnerships with major international institutions and companies to provide the finest services specialized for its customers and the owners of Cali Coast and Baymount. The most prominent of these partnerships are with the American University in Cairo, AXA, Vodafone, ElBorolossy Squash Academy, Landscape structure, Aquatix and IBM.