New Era Developments sustains strong project constructions as it launches ambitious expansion plans
New Era Developments announced that it is accelerating construction across its diverse portfolio of projects, reaffirmed its commitment to on-time delivery, top-quality standards, and meeting clients’ expectations.
This effort comes in tandem with the rollout of an ambitious expansion strategy the company plans to implement in the near future.
Eng. Mina Youssef, Chairman of New Era Developments, stated that commitment and quality are core values the company never compromises on, noted that New Era is currently advancing the construction of multiple projects simultaneously at an accelerated pace to ensure on-time delivery to its clients.
Youssef added that sustaining this momentum underscores the company’s credibility, professionalism, and unwavering dedication to honoring its commitments.
He added that the company is not only focused on executing its current projects but is also preparing to launch a variety of new developments in the coming period to meet clients’ needs and diversify its investment portfolio. Additionally, the company aim to strengthen its position as one of the leading developers in West Cairo, providing it with a strong competitive edge that combines innovation, quality, and commitment.
Meanwhile, Emad Maher, Vice Chairman of New Era Developments, said that the company boasts over 23 years of experience in delivering a diverse range of projects across West Cairo.
He emphasized that this extensive track record has been instrumental in establishing New Era’s strong market reputation, allowing it to strategically select prime locations and implement the highest technical and engineering standards across all its developments.
He explained that this extensive experience not only reflects the company’s history but also serves as a solid foundation that enables it to accelerate project execution and ensure strict adherence to delivery timelines. This, in turn, enhances clients’ trust in New Era’s projects and positions the company as one of the most reliable and leading developers in the market.
For his part, Bassem Nasry, General Manager of the company, stated that New Era Developments has evolved from developing standalone projects to launching fully integrated residential communities, reflecting a well-planned and gradual growth strategy based on clear and defined objectives.
Nasry highlighted the importance of having a clear long-term plan that the company adheres to, as it helps safeguard operations against potential economic fluctuations.
He added that the company initially developed standalone projects before deciding to expand and execute larger-scale developments. It launched its first residential compound, Nabaa, covering an area of 5 feddans, with 85% of construction completed to date.
The company then launched its second project, Meray 1 Compound, spanning over 7.5 feddans in the Green Belt – Plot 10 area, New Zayed. The project consists of standalone villas, each with a private swimming pool, and 80% of the project has been completed and fully sold in record time.
He added that the company has also launched Meray 2 in the Green Belt area, a residential compound featuring standalone villas and twin houses over an area of 10 feddans.
The company has ambitious plans to announce more distinctive projects in the near future, Nasry concluded.
