New Era Developments announced it is accelerating construction across its project portfolio while preparing to roll out an ambitious expansion strategy aimed at strengthening its presence in West Cairo, Invest-Gate reports.
Eng. Mina Youssef, Chairman of New Era Developments, emphasized that the company’s core values of commitment and quality remain non-negotiable. He noted that multiple projects are progressing simultaneously at an accelerated pace to ensure timely delivery and uphold client satisfaction. Youssef added that this momentum reflects New Era’s credibility and professionalism, reinforcing its position as a trusted developer.
He further stated that the company is preparing to launch several new developments to diversify its investment portfolio and meet growing market demand. This expansion, he said, will bolster New Era’s standing as one of West Cairo’s leading developers, distinguished by innovation, quality, and reliability.
Emad Maher, Vice Chairman of New Era Developments, highlighted the company’s 23 years of experience in delivering projects across West Cairo. He said this extensive track record has been key to establishing New Era’s strong market reputation, enabling it to strategically select prime locations and apply the highest technical and engineering standards. Maher added that this solid foundation allows the company to accelerate project execution and maintain strict adherence to delivery timelines—enhancing client confidence and reinforcing its reliability in the market.
Bassem Nasry, General Manager of New Era Developments, explained that the company has evolved from developing standalone projects to creating fully integrated residential communities, following a steady and strategic growth plan with clear long-term objectives. This approach, he said, safeguards operations amid economic fluctuations.
Nasry pointed out that the company’s first residential compound, Nabaa, spans 5 feddans and has reached 85% completion. Its second project, Meray 1 Compound, extends over 7.5 feddans in New Zayed’s Green Belt area, featuring standalone villas with private pools; the project is 80% complete and fully sold. He added that Meray 2, another Green Belt development, covers 10 feddans and includes standalone villas and twin houses.
Nasry concluded that New Era Developments is preparing to announce more distinctive projects soon as part of its expansion strategy.