Hometown Developments has obtained ministerial approval for its Home Residence project, enhancing its overall investment value.
Specifically, Hometown Developments announced the approval for Home Residence, located in Sixth Settlement, reinforcing the project’s investment potential.
Furthermore, Diaa El-Din Farag, Chairman of Hometown Developments, stated that the approval reflects the company’s strong planning vision.
He emphasized that comprehensive studies were adopted from the early stages of the project development.
Moreover, the decision represents a key pillar in boosting market confidence and building long-term client relationships.
Farag added that the company is in the final phase of completing the required licensing procedures.
Consequently, preparations are underway to launch the first phase of construction and on-site development works.
The project is being developed as one of the major residential projects redefining integrated living in Sixth Settlement.
This area is experiencing rapid urban expansion, integrated services, and a robust network of main roads.
Additionally, the project is strategically located: 3 minutes from South 90th Street, 4 minutes from the Middle Ring Road.
It is also 6 minutes from the New Capital, 25 minutes from Cairo International Airport, and 9 minutes from the Suez Road.
Thus, Home Residence serves as a natural extension of New Cairo.
Moreover, the project features a fully integrated master plan developed with global architectural firm Chapman Taylor.
This ensures optimal land use, high privacy levels, smooth flow, and contemporary international architectural designs.
Finally, the Sixth Settlement location was selected after an in-depth study of urban growth patterns and market demand.
Its proximity to the New Capital and key transportation axes further supports the strategic choice.
