Qawafil Developments Company announced launching its latest projects in the second district in Beit Al Watan in New Cairo, which is a residential mini-compound, as part of the company’s ambitious expansion plan based on carefully studied gradual growth.

Eng. Mohamed El Gohary, Qawafil Developments Chairman, said that the company succeeded in launching and implementing a diverse portfolio of separate projects within the highest quality standards, and succeeded in delivering part of these projects on the scheduled dates and according to the agreed specifications, as the company focused on the elements of quality and commitment to be able to have a remarkable print in the real estate market, in a way that supports its credibility and the clients trust.

He added that the new project is a residential mini-compound located on an area of 3,200 square meters in Beit Al Watan area, and the buildings within the project have a garden view, and the project includes a parking on an area of 3000 square meters, a swimming pool on an area of 150 square meters, and the project includes units with various areas with a total of 48 units, pointing that the settlement work begun in the project after obtaining the required licenses.

He noted that there are plans to start delivering the project within 3 years, and the company aims to deliver before this date, as the speed of implementation besides maintaining delivery on time, also comes within the hedging strategies that maintain the cost of the project without any changes or gap between the price of the unit and the cost of its implementation.

He explained that Qawafil Developments is implementing more than 40 separate projects at the same time, and there is continuous follow-up to the volume of construction in these projects, and more than 15 projects have been delivered till now, and it is planned to deliver two other projects before the end of this year, which are separate projects that have been worked on to be a distinctive mark and a work portfolio added to its distinguished record.

He pointed that the company started its work in New Cairo since 2018, and during that period it committed to implementing and delivering distinguished projects, without any additions in the units price that were contracted on with clients in spite of the recent increases in the cost of implementation, which reflects the company’s strong credibility and commitment towards its clients and its sole bearing of any increases that occurred during the implementation of its projects in the past period.

It is worth mentioning that Qawafil Developments recently launched its new visual identity emanating from the Arab, cultural and architectural identity, in parallel with its launch of a diverse package of pioneering new projects.