Mountain View Hits 220% Increase In Sales, Y-O-Y

Mountain View Hits 220% Increase In Sales, Y-O-Y

Mountain View achieves EGP 14 bn of contractual sales within nine months in 2021, compared to EGP 6.4 bn during the same period last year, with a growth rate of 220%, Invest-Gate reports.

iCity, in the Fifth Settlement, has topped the sales with EGP 7 bn in its multiple stages, Lagoon Park, Mountain Park and its exclusive and innovative product iVilla. After this comes the Ras El Hekma project, which has achieved EGP 4 bn of sales in the Skala phase.

In west Cairo, iCity October has achieved contractual sales of EGP 2 bn in the Mountain View Park phase of the second region “The Lake”. In addition to; the administrative project “Heartwork” in iCity Fifth Settlement, which has achieved EGP 1 bn of sales in the HQ500 phase.

The Mountain View CCO Wael Ezz says, “We are proud of the success we have achieved this year, and we aspire to achieve EGP15 bn by the end of 2021, thanks to the innovative projects launched by the company, which won the approval and trust of customers.”

For his part, Chief Innovation and Marketing Officer Wael Lotfy asserts, “Mountain View strategy is based on achieving added value for the client, through creativity in design and quality in implementation with the use of global partnerships and expertise to provide integrated and distinguished services with the application of the concept of happiness science in its projects.”

It is worth noting that Mountain View has invested EGP 5.8 bn with contracting companies to develop an area of ​​1,870,000 sqm of buildings. Moreover, it is planned to complete 780,000 sqm of residential buildings during the current year, which vary between fully-finished and semi-finished units, in addition to service, recreational and business areas, infrastructure and landscape.

 

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