First Group Developments launches an electronic portal (e-portal) for the owners of the Kenz compound, in cooperation with C Hub, to enable the owners to use the project services remotely.
This comes with the aim of facilitating services and communicating with project management, security, visitor permits and other multiple services through an application used via mobile or on the project’s website.
Bashir Mostafa, CEO of First Group Developments, reveals that the company has finished the sale of 85% of the Kenz Compound project in the New Touristic Capital City of 6th of October, indicating that the project covers 30 acres, located in the New Touristic Capital City of 6th of October.
Additionally, he announces that the completion of the construction work of the fourth and final phase of the project, and landscape works of the entire project are nearby.
He further states that the company will deliver full units during the middle of 2022, pointing out that all the recreational services of the project and the sports club of the project are operating at full capacity.
Furthermore, Mostafa indicates that 65% of the contracting and construction works of the Kaya Plaza Mall project are completed. Moreover, the entire mall will be completed in H2 2022.
Kaya Plaza is the first commercial, administrative, medical project directly on the Cairo-Fayoum Road, located on the front of the Kenz project, with a surface area of 38,000 m.
As for the Kazan Plaza project, Mostafa announces the completion of the finishing works and all operational procedures, noting that the administrative and medical have been completely sold. “The leasing offers of well-known brands of shops and cafes chains are now being studied, to start operating the mall,” he adds.
Regarding the “Silva” project in Sheikh Zayed, Mostafa confirms that the sale of the first phase of the project has been completed, and the second phase of the project has been launched after the great demand from customers.
The Silva project consists of residential villas only and is being implemented in two phases, each phase on an area of 20 acres, with investments of about EGP 800 mn for one phase. Moreover, the project will be sold and established within two years, while the payment facilities will extend to eight years, Mostafa clarifies.