La Verde Developments Company continues to enhance the pace of construction works in its two projects, “La Verde New Capital” and “La Verde Cassette” in New Capital, as part of the company’s plan to accelerate execution rates and adhere to the scheduled delivery timelines, reflecting the strength of its operational capacity and clients’ confidence in its projects, Invest-Gate reports.

Significant Progress in the “La Verde New Capital” Project

The company confirmed that the “La Verde New Capital” project is witnessing remarkable progress across various stages of execution, where a large percentage of reinforced concrete works and basic construction works have been completed, in parallel with the continued implementation of infrastructure and utilities works, in addition to the commencement of finishing works in a number of buildings in the advanced stages of the project.

It clarified that the project, located on an area of approximately 35 feddans in the R8 district overlooking the Green River, represents one of the most prominent integrated residential projects in New Capital, especially with the allocation of large areas for green spaces and landscaping, in line with the latest concepts of sustainability and quality of life.

It added that the execution rates of the project have achieved strong progress during the recent period, with ongoing construction works according to the scheduled timeline in preparation for the start of deliveries.

Project Identity, Execution Strategy, and Delivery Plan

Regarding the “La Verde Cassette” project, the company indicated that construction works are proceeding at a steady pace across all stages of the project, whether at the level of foundation works or reinforced concrete structures, in addition to the implementation of finishing works in the advanced stages, as part of a plan aimed at maintaining the accelerated execution rates of the project.

“La Verde Cassette” is considered the first fully integrated villa compound in the R8 district, built on an area of approximately 60 feddans, with a low building ratio not exceeding 10%, which provides high levels of privacy, tranquility, and luxury.

The project also includes a limited number of luxury villas with architectural designs inspired by the Italian style, targeting clients seeking upscale housing and a distinguished real estate product.

The company confirmed that the delivery process of the “La Verde Cassette” project is proceeding according to the announced timelines, with continuous periodic monitoring of execution rates to ensure compliance with the highest standards of quality and efficiency.

La Verde emphasized its commitment to implementing its projects according to the latest technical and engineering specifications, in cooperation with major contracting companies and consultants, while ensuring the acceleration of work without affecting execution quality, thereby enhancing the investment value of its projects and customers’ confidence in its brand.

The company also clarified that despite the Egyptian real estate market going through many challenges in recent periods related to rising execution costs and construction material prices, in addition to economic changes that affected the market in general, La Verde has successfully dealt with these changes through flexible operational and financing plans that contributed to maintaining execution rates and accelerating work within its projects, as well as maintaining the protection of customers’ savings.

It further clarified that adherence to delivery deadlines represents a key priority within its strategy, which led it to continue injecting direct investments into projects and cooperating with major contracting companies and consultants to ensure execution according to the defined schedules, without affecting the quality of the real estate product or technical specifications, thereby strengthening customer trust and confirming the company’s strength and ability to overcome challenges and achieve its targets in the Egyptian real estate market.

The company concluded by affirming that New Capital remains one of the most attractive areas for real estate investment in the Egyptian market, in light of the continued strong demand for integrated projects, which drives the company to continue its expansion plans and inject more investments in the coming period.