Enwan Developments Company intends to participate in the “Investor Expo”..for the People of Sudan – the People of Yemen”, during 24th and 25th of May, as Enwan Developments will participate with a diverse projects portfolio, and exclusive offers during the exhibition.
Eng. Mohamed Salem, Chairman of Enwan Developments Company, said that this exhibition targets the Sudanese and Yemeni communities residing in Egypt, who are looking for a property for use or investment, and this bulk is huge and represents a purchasing power, so the company decided to participate in this Expo and presents special offers on its projects to suit targeted clients.
He added that the company is participating with “Maraya”, “Pixel”, “Oxygen”, and “Life Tower” projects, in addition to special offers on Maraya project, which represents an opportunity for clients during the exhibition period, as these offers include 10% down payment and the rest for 6 years, on the administrative and medical units in the project, and a 5% down payment and the rest for 7 years, for the commercial units in the project.
He noted that the project’s first phase has been successfully launched and marketed. The second phase will be launched during the exhibition, explaining that “Maraya” project consists of 2 buildings with commercial, administrative, medical activities ,and various area. It is located on an area of 2000 square meters in the Fifth Settlement in New Cairo, and the project’s construction percentage is 35%, and the project is divided as the ground and first floors for commercial activity and the rest is allocated to the medical and administrative part.
He pointed that Enwan Developments has reached 60% of the implementation rate in “Pixel” and “Oxygen” projects, and the company will start implementation in “Maraya” project during the current year, and scheduled to start delivering “Oxygen” and “Pixel” projects during 2025 and 2026.
He insisted on the importance of real estate exhibitions in direct communication with clients to show the implementation and development rates that the company had achieved in its projects, in addition to identifying developments that occur in the clients choices.
He pointed that the Sudanese and Yemeni communities achieved strong sales in the real estate market during the last period, especially after the floating, which contributed in raising their purchasing power and enabled them to buy real estate units for investment, pointing that selling to non-Egyptian communities inside Egypt is one of the forms of real estate exportation, which has become a major trend
for the government and investors to access to clients outside Egypt to provide hard currency to the Egyptian economy.
He pointed that focusing on these communities is a more economical alternative for real estate companies, achieving lower costs and at the same time ensuring sales to non-Egyptian clients and providing hard currency for Egypt.
