Taj Misr Developments has launched DE JOYA1 compound in R8 region in the New Administrative Capital, east Cairo, with investments estimated at EGP 2bn.
Mostafa Khalil, Chairperson of Taj Misr, said that DE JOYA1, to be built on 23 feddan, is a fully-serviced residential compound designed according to the highest technical specifications that suit the client’s needs with built up area of 19%.
He pointed out that solar energy was provided as a clean and environmentally friendly source of energy in the compound.
DE JOYA1 compound includes 32 residential buildings and a commercial mall on an area of 15,000 sqm, with the construction works scheduled to be completed within three years.
Moreover, Khalil revealed that the company intends also to launch the Ezdan commercial mall project in the Downtown area of the New Capital on an area of 6,500 sqm, with investments estimated at EGP 1bn.
He noted that Ezdan comprises 200 units, and its construction is scheduled to begin in 2021.