Edge Stone Developments announces reaching construction rates 80% at Moraya project in the New Capital

Edge Stone Developments company, a subsidiary of Edge Stone Group, announced that the progress of constructions on its Moraya residential project, located in R8 residential district of the New Capital has reached approximately 80% completed, as part of its plan to strengthen its presence in the Egyptian real estate market and continue executing its projects according to the highest standards of quality and efficiency.

This significant increase in constructions reflects the company’s commitment to its projects and adherence to timelines, while also providing clients with the opportunity to view their units on land before the scheduled upcoming delivery.

Eng. Zein Lamie, Chairman of Edge Stone Developments, said that the advanced construction rates of “Moraya” project reflect the group’s strategy, which focuses on the actual execution of projects and providing a comprehensive real estate product that meets client needs, noting that the company is paying close attention to accelerating the pace of construction work while maintaining the quality of execution and project specifications.

He added that the company’s plans are based on its long experience in contracting and real estate development sector, in addition to its financial and executive capabilities, which supports its ability to move forward with the implementation of its projects according to well-studied plans, pointing that reaching 80% completion in “Moraya” project represents an advanced stage in the project’s progress and enhances client confidence in the seriousness of execution.

He emphasized that “Moraya” is located in L10 in R8 residential district of the New Administrative Capital, in a prime location near the Green River and the Bin Zayed South Axis, and on three main axes, which provides easy access to the Diplomatic Quarter “Al-Sefarat District”, the New Administrative Capital Airport, and a number of universities and vital areas in the capital.

He pointed that the project is located on an area of 25.5 acres, with only 18% of the total area dedicated to buildings, and the remaining area is allocated to green areas, lakes, and various amenities, achieving a balance between building density and the quality of life within the compound.

He explained that the company’s vision for the project extends beyond simply providing residential units, as it aims to offer a comprehensive living experience that combines residential living with hotel services and modern technology.

He noted that “Moraya” relies on a smart system through a dedicated mobile application for residents, in addition to providing internal and external transportation options, including golf cars within the compound and dedicated buses for residents within the New Administrative Capital.

He added that the project also includes a shopping mall, and a contract has been signed “Joyinn” hotel chain to manage and lease the apartments.

Furthermore, a contract has been signed with Dr. Tamer Sorour’s Infinity office, and the project also features a social club, swimming pools (including covered pools for women), a gym, a kids area, walking and cycling paths, a medical clinic, and a fully equipped ambulance available 24/7 to handle emergencies, as well as underground garages.

He pointed that the company keens to offer diverse options to clients, with unit areas starting from 178 square meters, and clients can choose between three-quarter finishing and full hotel-style finishing, all according to high specifications, giving them flexibility in selecting the unit and finishing level that suits their needs.

He emphasized that “Moraya” is one of the projects that reflects Edge Stone’s approach of combining strong execution with integrated services, noting that the group is working to strengthen its presence in the real estate market through projects based on its extensive experience and ability to develop diverse real estate products that align with market demands.

Edge Stone Group comprises a group of companies operating in the fields of contracting, real estate development, and advertising. It is owned by Eng. Zein Lamie, who possesses more than 25 years of experience in the real estate market.

The group of companies is based on its extensive experience in executing government and residential projects, in addition to owning building materials factories, which supports its execution capabilities.

The group’s track record includes the implementation of diverse projects in the fields of roads, bridges, infrastructure and fuel stations, in addition to government projects, as well as the implementation of residential projects, including the State Council compound in Andalus district of ​​New Cairo, in addition to a diverse portfolio of land in a number of urban and investment areas, and a company specializing in the management of tourist facilities operating in a number of regional and international markets.