Capital Elite gears up to launch a major project with EGP 8bn investments in West Cairo

Capital Elite Developments marked 25 years of success and excellence in the Egyptian and Gulf real estate markets. The company has delivered a range of exceptional projects, adhering to the highest standards of quality and reliability.

Building on this legacy, Capital Elite is now gearing up to unveil its latest venture, with investments surpassing EGP 8bn, further cementing its reputation for innovation and leadership in the real estate industry.

Hazem Mostafa Mansour, Vice Chairman of Capital Elite Developments, stated that the launch of the company’s new project marks a significant step that underscores its dedication to offering clients new projects that meet their aspirations.

Mansour said that the new project is being developed according to international standards and will be the first of its kind in West Cairo.

Mansour added that the project is strategically located in a prime area of West Cairo, offering significant potential for investment, tourism, and hospitality growth.

He highlighted the company’s focus on projects with strong investment prospects, ensuring optimal returns for clients. Innovation and a commitment to excellence, he emphasized, remain core pillars of the company’s strategy.

He noted that the company is currently working on Elite Park, its latest venture in New Administrative Capital, situated in a highly sought-after location within R8 district.

He further pointed out that the company has completed 40% of the project, showcasing its strong financial position, commitment to timely execution, and a competitive edge for clients who can witness the project’s construction firsthand before committing to a purchase.

This demonstrates the project’s alignment with the company’s reputable history and successful track record. The company is committed to ongoing innovation, continuously enhancing its projects by staying informed of the latest developments in the real estate industry both locally and globally, and incorporating these technological advancements to meet market demands and deliver exceptional outcomes, Mansour disclosed.

He concluded that Capital Elite is working on the development of West 5 Mall project in 6th of October City, located near the 26th of July Axis, the Strip Mall project in New Cairo, and seven projects across Saudi Arabia, covering sectors such as hospitality, residential, and entertainment.