Ajna Developments to Launch Eastville Compound New Cairo
Eastville-New Cairo-ajna-Egyprop.com
Ajna Developments has revealed that the company is gearing up to launch its latest venture, Eastville—a mixed-use compound in New Cairo. Ajna highlighted the favorable investment climate fostered by ongoing urban expansion across Egypt, stating: “The state’s dedication to urban development continues to open up significant investment opportunities for companies with a solid reputation and financial solvency, particularly those with a strong portfolio that instills client confidence.”
Ajna Developments emphasized that it is not only focused on expanding its portfolio but also on completing construction for its current projects, reinforcing the company’s commitment to timely and high-quality project delivery. The company noted that government incentives to support the real estate market are instrumental in promoting corporate growth and fostering a culture of innovation, helping developers create properties that stand out on a global scale.
Ajna announced that Eastville’s official launch in New Cairo is slated for the first quarter of 2024. EgyProp will feature Eastville prominently, showcasing it as one of the promising new developments in the New Cairo area.
Ajna Developments is also advancing its renowned Carnelia project in Ain Sokhna, which spans over 100 feddans with investments exceeding EGP 8 billion. Carnelia, currently in its final development phases, is designed as a luxury resort encompassing villas, townhouses, chalets, and a commercial zone. This dual-project approach highlights Ajna’s strategic focus on diversifying its real estate offerings to cater to both residential and resort markets.
