Menassat Developments has unveiled “Begonia Residence,” its latest residential venture situated in the heart of New Cairo, backed by investments totaling EGP 10 bn, Invest-Gate reports.

Ahmed Massoud, Chairman of Menassat Developments, highlighted that the expansive 26-feddan project is strategically positioned along the prominent Gamal Abdel Nasser and Mohamed Naguib axes, offering a range of unique benefits. The project stands out for its diverse spatial layouts meticulously crafted to cater to a broad spectrum of potential residents, marking Menassat Developments’ inaugural residential endeavor.

Massoud elaborated, stating, “This project marks the company’s fifth endeavor and its debut residential development. Begonia Residence embodies a fully serviced residential complex adhering to international standards in greenery, landscaping, amenities, and sustainable practices. Noteworthy for its cutting-edge smart features, the project aligns with prevailing governmental guidelines on sustainability, boasting distinctive architectural designs.”

Regarding payment structures, Massoud emphasized Menassat Developments’ commitment to offering highly adaptable systems tailored to meet customer needs while upholding transparent and trustworthy relationships with clientele.

Emphasizing the company’s pursuit of excellence within the Egyptian real estate sector, Massoud underscored Menassat Developments’ strategic site selection, whether in New Cairo or the New Administrative Capital. The launch of the company’s fifth project reflects a response to recent consumer demands, buoyed by the swift success of previous endeavors in capturing market interest efficiently.