Summary
khozam Company for Real Estate Development, Go Heliopolis project launched its first business as a real estate developer in the Egyptian market with investments of 1.250 billion pounds.Nader Khouzam, chairman of the company, said that the project is being built on an area of 18,000 square meters in Heliopolis, and aims to create more than 760 housing units with different areas ranging from 120 to 190 square meters. .The project includes a number of commercial units and shops area of 16 thousand square meters, where the company expects to complete the delivery of all units within three years, and to achieve sales of up to 3 billion pounds, pointing out that the company has signed a contract with the company «Shaddad Group» to become The main contractor for the largest residential, commercial and administrative project in the heart of Heliopolis suburb.He added that the company is looking forward to real estate projects in the administrative capital, which is a new cultural shift for Egypt, in addition to the implementation of projects in New Cairo and the city of the sixth of October