The Curve new Capital project was launched by the Corner Real Estate Development Company, for
Engineer Ashraf Boulos, Chairman of the Board of Directors
The project in the New Administrative Capital is witnessing a strong competition between real estate
developers,
The developer implements an innovative product that ensures that he is able to continue to compete
and attract the largest segment of investors.
Corner Stone has chosen the location of the new administrative capital to set up its first projects, realizing
the importance of the capital, and the state aims to create an urban society with the latest methods
and with the strongest infrastructure,
The new administrative capital will become the most beautiful cities in North Africa and the Gulf and
compete with many international cities with their plans and infrastructure.
Paul stressed that the company’s first project, The Curve, is located in a unique location in the New
Administrative Capital in the R8 region, directly in front of the Green River.
And near the axis of Mohammed bin Zayed, the airport, the Republican Palace and ministries.
Boulos confirmed that the construction rate of the project is 18%, which is less than the permissible
22.5%, and the project contains services:
Paul indicated that the commercial facility restores the luster of old buildings with high ceilings through
the project, with a ceiling height of 6 meters.
The areas of the units range from ninety to three hundred meters, with seventy% of the areas between
ninety and 180 meters, to suit the largest segment of the investors,
The designs assigned to the project will be through the largest consulting offices in New York, America,
and the project contains commercial, administrative, cultural and sports services.
Engineer Ashraf Boulos has provided different payment systems between 5 to 6 and 7 years, and the
company is committed to handing over its units to investors according to specifications,
Delivery dates will start in mid-2023, as well as creating a homogenous customer base.
Corner Stone Real Estate Development is based on strong foundations to establish its name among the
leading real estate companies in Egypt in the next few years.
Paul confirmed that the capital of the Corner Stone Company is six hundred million pounds.
And it enjoys strong financial liquidity to implement high-end projects with the best new planning and
construction measures, as well as adherence to delivery schedules.
Paul explained that Corner Stone is committed to offering its units at competitive prices and fully flexible
payment programs.
And providing distinctive units to support investors’ confidence in the “Corner Stone” brand and
launching modern societies that revolutionize modern housing concepts.
The Administrative Capital for Urban Development has approved the ministerial decision regarding The
Curve integrated residential project, with Ashraf Boulos becoming the president of the Cornerstone
Corporation, which owns the project.
Bolus added that the company is now working on completing the basic licenses to start implementing
the project,
This is in compliance with the timeline that has been established to contain the delivery of the project by
the end of 2023.
He pointed out that the company plans to establish other projects in several cities, with integrated
residential and coastal activities, and the company places the cities of Ain Sokhna and New Alamein at
the top of its concerns.
It is planned that publication and promotion in the coming period will end the injection of serious
investments in them.
The company has a great intention to expand by relying on its various portfolio, and it pushes it to start
implementing its plan,
Indicating that the Curve project will be a huge starting point for many other projects that the company
is trying to establish
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