Naia Developments has announced significant progress in construction at its flagship project, Naia Bay, located in Ras El Hekma on the North Coast, Invest-Gate reports.
During a recent media tour, the company confirmed its commitment to delivering the first phase by next summer.
The tour showcased Naia Bay’s unique features and construction advancements. Attendees were given a glimpse of completed Pelagio Townhouse units within the first phase, demonstrating Naia’s dedication to delivering units on schedule with high-quality standards.
Moreover, one of the highlights was the Hali Floating Townhouse, featuring a wooden deck floating over the crystal lagoon. This innovative design has made it a best-seller, offering residents a luxurious living experience with stunning views.
Naia has partnered with global hospitality leader Accor to operate two hotels within Naia Bay, enhancing the project’s appeal with world-class services for residents and guests.
For his part, Mohamed Farag, Vice Chairman of the Commercial Sector at Naia Developments, expressed gratitude for media support and emphasized the company’s focus on accelerating construction. Farag noted that Naia’s expertise allows efficient year-round operations, even when facing climate change and economic fluctuations.
Furthermore, Naia Bay, strategically located near key roads like the Fouka Road, spans 470,400 sqm and offers a range of villas, townhouses, and chalets with waterfront views. The project’s luxurious amenities aim to provide residents with a relaxing lifestyle.
Ashraf Saeed, Head of Engineering, confirmed the completion of all infrastructure contracts, highlighting the project’s high standards and adherence to its timeline. Naia Bay’s master plan includes 720 residential and 250 hotel units across 112 feddans.