Times Developments Starts Construction of New Project with EGP 5 Bn

Times Developments Adopts Sustainability in New Cairo Coming Project









Times Developments Adopts Sustainability in New Cairo Coming Project

Times Developments announces its investment plan for the coming period, in addition to pumping around EGP 3 bn investments in its new project in New Cairo during the coming days, Invest-Gate reports.

The company will also launch several new sales stages in the project to expand its customer base.

The company relies on innovative and renewable designs through its largest consulting offices, as well as a strong infrastructure for the project. In addition, the real estate developer will present the first phase of project implementation to contracting companies during the coming period

Located in New Cairo’s Gold Square district, the first phase of the multi-purpose project will be tendered to contractors in the coming period.

The project’s infrastructure connects the concepts of sustainability and smart cities through the use of  AI technologies in the management of services and utilities, which contributes to the rationalization of energy and water consumption, along with the reduction of operating costs.

The project aims to cut carbon emissions and create a safe environment for residents.

Moreover, Times Developments studies three property projects in New Cairo and the 5th Settlement with an investment cost of over EGP 12 bn, after the acquisition of three real estate companies, bringing up its land portfolio to 258,955 sqm.

Gif