My Home Developments announced its readiness to launch a new project in the New Administrative Capital during January, as part of its ambitious plan to unveil three distinctive projects in 2025, reinforcing its strategy to expand its footprint in the real estate market.
Expansion in the New Administrative Capital
Monzer Eid, Chairman of My Home Developments, stated that the company aims to leverage its more than 15 years of expertise in developing distinguished and high-quality projects, further enhancing its position in the real estate sector. He highlighted that the three upcoming projects in the New Administrative Capital will feature diverse investment activities and focus on quality and excellence.
He also pointed out that the New Administrative Capital has become one of the most prominent real estate destinations in Egypt due to increasing client demand, whether for residential or investment purposes. The company continually reviews its investment plans to ensure alignment with market changes.
![شركة ماي هوم للتطوير العقاري](https://almolakhasalektesady.com/wp-content/uploads/2024/12/9f1b9b54-b2c8-42a7-b39b-76ff32640b5a-1024x512.jpeg)
Commitment to Quality and Deadlines
Eid explained that since its inception in 2008, the company has successfully delivered 12 standalone projects in New Cairo and is currently working on nine others at varying stages of completion in the same area. He added, “Our motto, ‘Property is delivery,’ reflects our dedication to building trust and credibility with our clients by adhering to specifications and timelines.”
He noted that the company plans to deliver five projects in 2024 and over 60 units in the Fifth Settlement during the current December. This reflects its financial stability and ability to fulfill commitments to clients.
Strategic Vision and Diverse Investments
Mohamed Abu Zeid, Sales Director of My Home Developments, emphasized that the new project in the New Administrative Capital marks the beginning of a series of ambitious projects in this promising area. He noted that the project boasts a strategic location, flexible payment plans, and diverse spaces, making it a pivotal step toward meeting market aspirations and client needs.
![منذر عيد، رئيس مجلس إدارة شركة ماي هوم للتطوير العقاري - My Home Developments](https://almolakhasalektesady.com/wp-content/uploads/2024/12/1c726510-d17c-4c5c-871c-301ca2efe58b-1024x791.jpeg)
He also stated that choosing the New Administrative Capital aligns with the company’s strategic vision of focusing on vital areas that address client requirements. He stressed that the new project would be a milestone in the company’s history of excellence and commitment.
Financial Stability and Market Credibility
Despite economic challenges facing real estate companies, Abu Zeid assured that My Home Developments has maintained its financial stability through sound pricing standards, enabling it to adhere to delivery schedules without delay.
He added that the company is preparing to launch its latest projects soon in one of the fourth-generation cities, reflecting its steady and consistent growth strategy.
Diverse Portfolio of Investments
In addition to its real estate activities, Monzer Eid holds a diversified portfolio in the industrial sector. He owns two factories, one in Sadat City, which exports products abroad and contributes to providing foreign currency to the Egyptian economy, and others in the Rubiki area, adding a unique dimension to his portfolio across real estate and industrial sectors.
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