Turath Developments has announced the launch of its latest residential project, Turath Park, strategically located in the heart of El Obour City on a 31-feddan plot along Axis Line 10, Invest-Gate reports.

The site is near City Club and surrounded by malls, schools, and hospitals, offering a fully integrated living environment for residents and investors alike.

Ahmed Abd El-Moneam Kamal, Co-Founder of Turath Developments, stated that Turath Park reflects a new vision for modern community development in Egypt, aiming to deliver real value and a comprehensive lifestyle. “From day one, we focused on creating a project that stands out in both form and substance. We introduced tangible advantages and initiated strategic partnerships with UAE-based companies to support our commitment to excellence,” he added.

Only 18% of the land is allocated for buildings, while over 80% is dedicated to landscaping, open spaces, and internal roads. The project also includes a commercial mall, medical complex, and administrative buildings to meet residents’ daily needs.

Innovative features include electric vehicle charging stations and an AI-powered smart system—the first of its kind in a residential project in Egypt—highlighting the company’s commitment to sustainable and tech-enabled living.

As a special bonus, all unit owners will receive immediate membership at City Club upon contract signing, enhancing the lifestyle offering with added recreational and social benefits.

Flexible payment plans are available, starting with a 10% down payment—the lowest in El Obour—and installments extending up to 100 months, with monthly payments starting from EGP 10,000. A 40% discount is also offered for full cash payments.

Founded by Dr. Ahmed Saad El-Din Hammouda and Eng. Ahmed Abd El-Moneam Kamal, Turath Developments has delivered over 50 projects serving more than 4,000 clients, cementing its reputation as a trusted name in Egypt’s real estate market.