Mazaya Developments Company plans to launch a new real estate product in one of its projects in the New Administrative Capital (NAC), in early July 2023, Invest-Gate reports.

The offers will include units of various sizes and competitive prices, starting from less than EGP 1 mn.

Mohamed Hamdy, Mazaya Sales Manager, says launching this new product came after a market study to identify clients’ needs according to global economic developments that affected purchasing power. Offering a new product meets clients’ aspirations and suits their financial plans, he adds.

The offered units will present a new model for small areas, which can be used in a new way with an innovative design, unprecedented in the real estate market. More details on spaces and units will be announced with the launch.

The new units will be offered with various payment systems at reasonable prices for entrepreneurs, young investors, emerging companies, and those seeking larger areas, Hamdy states, adding that the project’s location in a vital Administrative Capital area enhances demand.

The company studied the market to balance sales prices, payment systems, and delivery dates, especially now to maintain cash flow and continue implementation while offering payment systems and prices for the target clients, the top executive announces.