My Home Developments prepares to launch 3 projects in the real estate market during 2025

My Home Developments Company intends to launch 3 distinctive projects in the New Administrative Capital during 2025, depending on a strong precedent in New Cairo City based on commitment and quality, as these projects represent the beginning of a new phase of expansion in the real estate market and the launch of distinctive projects that apply the aspirations of the company’s clients, and ensure the greatest degree of diversity in the company’s project portfolio.

Monzer Eid, My Home Developments Chairman, said that since the company started its work in 2008, it has specialized in implementing distinguished projects in New Cairo, and succeeded throughout this period in implementing and delivering the best projects to its clients with the highest quality standards and on time, which has strenthens the company’s strong reputation.

He added that an ambitious expansion plan has been developed for the company to be implemented during the coming period, which depends on expanding the implementation of huge projects with a diverse number in one of the most prominent fourth-generation cities, the New Administrative Capital, as the company aims to launch 3 projects in the city during 2025, noting that these projects vary in their investment activities and are distinguished by quality and excellence.

He pointed that the first of these projects will be in a distinguished location in the New Administrative Capital, besides the company has put in it the essence of its experiences which exceeds 15 years of success in the real estate development sector, and relied on the size of success and rapid growth in the construction and development of the New Administrative Capital, as this project will be a landmark in the history of the company and in the area in which it is being implemented.

He assured that the New Administrative Capital has become one of the most prominent real estate destinations in Egypt, as we witness the increasing demand from clients to buy there, whether for housing or investment purposes, so My Home Developments is constantly revising its investment plans to ensure their compatibility with market changes.

He added that My Home succeeded in implementing and delivering 12 separate projects in New Cairo, and 9 other projects are being implemented with varying implementation rates in different areas of New Cairo, and the company has succeeded since starting its work in maintaining the highest standards of commitment to specifications and deadlines in its projects with all its clients.

Eid said that the company is currently raising the slogan “Property is delivery”, on which it relies on in implementing all its plans to maintain a strong bond of trust and credibility with its clients, as since the company’s start of work in 2008, it has been able to implement and deliver its projects with the highest quality standards and specifications specified with clients.

He added that since the beginning of our work in the Egyptian real estate market, our goal was not only to sell, but also to commit in delivering projects according to the specified standards and deadlines, and the company managed to achieve remarkable growth over the years, as we succeeded in delivering more than 120 housing units till now, and achieved a strong reputation in the market due to our ability to adhere to deadlines and quality.

Mohamed Abu Zeid, My Home Developments sales director, explained that the new project in the New Administrative Capital represents the beginning of a series of ambitious projects in the Capital, which is regarded as one of the most distinguished areas according to its new infrastructure and the increasing interest of clients in investing in it, noting that this project integrates the elements of success from a strategic location, investment activity, spaces and flexible payment systems.

He pointed that the launching of this new project reflects the company’s strategic vision of focusing on vital areas that keep pace with market aspirations and clients requirements, so the New Administrative Capital was chosen to witness the beginning of a new era of excellence, commitment and credibility provided by My Home Developments to its clients.

He emphasized that despite the economic challenges facing real estate companies and the need for some companies to delay implementation and delivery, My Home succeeded in maintaining its financial stability due to its commitment to sound standards and thoughtful pricing, which helped it adhere to the delivery schedule of its projects without delay.

He pointed that the company is committed to deliver 5 projects during 2024, as it will deliver more than 60 units in the Fifth Settlement during the current December, and the company plans to launch its latest projects soon in one of the fourth generation cities, as the company is proceeding with steady and continuous steps.

Businessman Monzer Eid owns a diversified investment portfolio in the industrial sector in addition to investing in the real estate market, as he owns investments in two factories, one of which is in Sadat City, whose products are exported abroad, which contributes in providing hard currency for the Egyptian economy, in addition to his investment in factories in the Rubiki area, which achieves diversity in his investment portfolio between the real estate and industrial sectors.