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Up to EGP1bn sales are targeted out of the accomplished units… We finalized 70 % of the entire compound
Beta Egypt for Urban Development announced the onset of handing over the first phase of its Beta Greens New Cairo compound, located in New Cairo’s Mostakbal City.
Thus, the company exercises its habitual practice of adhering to schedules set beforehand for delivering projects and fulfills all its obligations vis-à-vis customers.
Alaa Fekri, chairperson of Beta Egypt for Urban Development, said that Beta Egypt’s strategy depends on expediting implementation rates of the projects, adding value and delivering units with top-notch specifications and quality that exceeds the specified contract and the client’s expectations.
"The company's keenness on value-addedness manifests in it picking outstanding plots of land and sticking to specifications, namely spaces and services, with the aim of creating value for the new urban communities and the entire real estate sector."
Construction works at Beta Greens New Cairo compound were ordered by the company to expedite even amidst Coronavirus-induced headwinds, as it managed to accomplish the housing units in record time and to provide turn-key units, he explained.
"On basis of lengthy studies conducted by the company as regards the market and customers' demands, Beta Egypt realized that the provision of turn-key property is the optimal investment at the time being.
"The company delivered units with specifications far overstripping those agreed upon. For example, the energy-efficient double-glass aluminum, not conventional types, was used because it provides higher quality insulation against heat, noise and pollution, creating a sustainable hygiene life style without burdening customers with extra costs.
The first, second and third phases of the project includes 292, 250 and 188 units respectively, as the company provides various payment schemes, ranging from 10% down-payment and installments with 10-year tenure, he elaborated. With EGP1bn target of contractual sales set for the remaining units at the compound, up to 70% of the entire project has been accomplished. The construction of villas have just finalized, as both the cultivation stage and growing trees at public places are underway, he noted.
Currently, Beta Egypt strives to execute a project West Cairo, Eng. Fekri noted.
Beta Egypt has an astounding track record with it accomplishing top residential projects and services and finalizing the compounds of Golf House, Golf Residence, Beta Greens October, Golf Corner and Beta Club, Greens Mall 1 and Greens Mall 2.
Up to 3000 units have been delivered until now.
© Press Release 2021
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