Mountain View has announced a remarkable EGP 10 bn in sales just 48 hours after launching its latest residential project, Grand Valleys, located in Kayan City, East Cairo, Invest-Gate reports.
The project is being developed in collaboration with STM Investment, its strategic partner.
This milestone reinforces Mountain View’s position as a leading real estate developer in Egypt’s New Capital, known for integrating expansive green spaces and innovative urban planning into its residential communities.
Grand Valleys spans 500 feddans and is the newest addition to Mountain View’s Signature Living portfolio. The development is exclusively composed of villas, with 93% of the area dedicated to open spaces. Designed around 15 distinct “valleys,” the project aims to offer residents diverse lifestyle experiences in a setting that emphasizes luxury and comfort.
Commenting on the achievement, Wael Ezz, Partner and Co-CEO of Mountain View, said: “Through our partnership with STM, we achieved an exceptional milestone of EGP 10 bn in sales within just two days. Grand Valleys adds a strategically significant location to our diverse portfolio and enhances our presence in this key region. This success reflects our commitment to developing fully integrated communities that meet the aspirations of our clients while adhering to the highest standards of quality and innovation.”
Abdel Rahman El Gohary, Managing Director of STM Investment, added, “We are committed to delivering world-class real estate projects that balance innovation and quality. Grand Valleys is a testament to this vision, as we continue working with our strategic partners to redefine integrated living in Egypt.”