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News

Ora Developers Strategically Acquires 400 Feddan in East New Cairo

طباعة
اسم الكاتب : Safaa Arnaoot

 
 
 
 
The new project is ideally located in the extension of New Cairo’s main street: 90 st
The new project will serve as the go-to destination based on a self-sustainable community, hosting all sorts of activities
The mixed-use development will incorporate units ranging from apartments, town houses, standalone houses and twin villas
 
Ora Developers announced the acquisition of a 400-feddan land in East New Cairo, officially launching its latest mixed-use development project. The new development is strategically situated in the extension of New Cairo’s main street, 90 St, serving as the go-to destination for adjacent communities.
With the success of Ora’s ZED project in El Sheikh Zayed, this mixed-use development is envisioned to create a self-sustainable community by integrating residential, commercial and administrative uses into one space, and thus accommodating all living needs and essential activities into one destination, in addition to a sports club and vast green spaces available for the community. The project will incorporate units ranging from villas and apartments to roof duplexes and penthouse units.
“Following the success of ZED El Sheikh Zayed, we’re striving to introduce a new project in East New Cairo that would combine affordable beauty, luxury and practicality all in one development. We are all about embracing innovation and seeking new developments, and we have a proven record of creating beautiful environments that balance exceptional thinking with enduringly sensitive design. We think that this new acquisition was the right move and we’re very excited to be launching our first project in New Cairo,” stated Eng. Naguib Sawiris, Global CEO and Chairman of Ora Developers.
The 400-feddan project does not only interweave mixed-use facilities into its masterplan but will also incorporate a world class 50-feddan club that will include 5 and 11 a-side football pitches, swimming pools, squash, tennis and paddle courts in addition to an indoor multipurpose court. Besides the sports facilities, the club will also offer wide green spaces for the community to enjoy as well as a kids area, a club house and a range of restaurants and cafes. 
“By launching our latest project in East Cairo, we’re aiming at creating a new destination that would attract all kinds of lifestyles. The idea is to provide a safe, self-sustainable community that accommodates all basics of living, all ages and all tastes, to become the landmark to those in surrounding areas. Through this project, Ora will work on blending low and high density zones with a contemporary feel, giving a sense of comfort to live differently and walk safely in a multi-use destination that combines all necessary components, made for residents and visitors,” said Haitham Abdel Azim, CEO of Ora Developers Egypt.
Ora Developers aims to constantly develop sustainable neighborhoods and introduce new concepts to the Egyptian market. Additional information about delivery dates and installment plans will be announced soon.

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