Times Developments Starts Construction of New Project with EGP 5 Bn

Times Developments Launches Avelin Residential with Investments of 10 Billion EGP











Times Developments has announced the launch of its new residential project, Avelin.

Times Developments has announced the launch of its new integrated residential project, Avelin, in New Cairo. The project spans an area of 26 feddans (about 110,000 square meters) and comes with investments exceeding 10 billion EGP. This project is part of the company's strategy to expand its real estate portfolio and strengthen its presence in the Egyptian market.


Innovative Designs and Collaboration with Top Consultants

Ahmed El-Sergany, CEO of Times Developments, stated that the significant urban renaissance witnessed by the country in recent years imposes a great responsibility on real estate companies to deliver outstanding projects. He explained that the company has contracted with two of the largest consultancy firms in Egypt, OKO Plan and ECG, to design and supervise the project. 


The Avelin residential project offers housing models that reflect the company's vision of providing real estate products that integrate residential, commercial, service, and entertainment components, with a focus on sustainability.


Diverse Residential Units and Integrated Facilities

The Avelin project aims to offer various residential units of different sizes and models to meet the needs of different clients. The project includes multiple-sized residential units, as well as landscaped areas and swimming pools designed with new concepts. Its strategic location near Rehab City makes it a strong addition to the Egyptian development market.


Commitment to Quality and Timely Delivery

Times Developments began construction work on the Avelin project before launching it for sale, reflecting its seriousness and commitment to customers. This step is part of the company's strategy to ensure quality execution and adherence to specified timelines. El-Sergany noted that the company always strives to deliver high-quality real estate products that meet customer expectations.


Aster Residential Project: A Strong Start for Times Developments

It is worth noting that Times Developments recently commenced construction work on its first project, Aster, in the Golden Square area of New Cairo. The company invested 250 million EGP in the construction activities for this project to accelerate the pace of work and adhere to the specified timeline. This reflects the company's dedication to fulfilling its promises to customers and delivering distinguished projects that contribute to the Development of the Egyptian development market.


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