Hyde Park launches Park Corner with investments of EGP 5M and a three-year delivery schedule

Hyde Park's CEO, Amin Serag: Our strategy reflects our commitment to delivering top-notch standards of integrated, luxury living to our customers, and our dedication to establishing a leadership position in the real estate market

Cairo, Egypt -- September 26, 2016

Hyde Park Properties for Development has completed the master plan for its flagship project, Hyde Park, in New Cairo.  The integrated urban project aims to fulfil its homeowners' specific and diverse needs by delivering an array of exclusive services within its premises, in addition to featuring vast green spaces throughout the project.

Hyde Park's master plan effectively integrates a wide array of facilities and services that are evenly and conveniently distributed across the project. The development's main green areas were redistributed to provide more scenic views to more residential units. The project now boasts more recreational spaces, including three clubhouses across three different residential areas, in addition to a private-membership club. Two international schools and a nursery are located within the development premises, serving Hyde Park's homeowners and residents of the surrounding areas.

The revamped master plan also features Hyde Park's new residential phases, the first of which is Park Corner. With investments worth EGP 5M and a three-year delivery schedule, Park Corner was announced during a press conference held today.

Amin Serag, CEO of Hyde Park Properties for Development, said:

"The modern design of Park Corner's units and our transparent announcement of our construction schedule confirm our commitment to providing the best leading services in the Egyptian real estate market, which is clear in the master plan that was re-developed to ensure the best standards of living and luxury for Hyde Park's customers."

He added: "The newly launched phase comes in parallel with our efforts to complete previous phases.  We have doubled the number of contractors to speed up the construction process and ensure delivering all phases as scheduled, while upholding our commitment to the highest quality standards in terms of construction and finishing. Guaranteeing customer satisfaction remains at the top of our priorities."

Hyde Park offers an innovative model that reflects exquisite living standards within a fully-integrated development of green spaces and top-notch services. The development is conveniently and strategically located in the most thriving location in New Cairo, overlooking, both, Road 90 and the New Ring Road. Hyde Park embraces a 25,000 square-metre medical centre, and one clubhouse.

Spanning an area of 533,000 square metres, Park Corner includes 205 standalone villas, townhouses, and twin houses, in addition to 1,400 apartments and 300 duplexes and family villas.  All of Park Corner's units boast prime locations and scenic views, and the residential area is within close proximity to Hyde Park's diverse facilities.

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© Press Release 2016