The story of EGypt’s dominating real estate company “Madinet Nasr For Housing and Development” began in 1959 with a presidential law to be Customers’ most trustworthy choice for deluxe housing option.
During MNHD’s long journey in the Egyptian market, it passed through several transformations that assisted in the creation of its identity.
To clarify, the company officially was listed in the Egyptian Exchange in 1996. And back in time, during the 1970s, multiple projects were handed over to MNHD such as luxuriating Madinat Nasr City and making a radical transformation to be one of the most deluxe areas in Cairo.
Thereafter, the company contributed to the development of MEGA residential projects in Egypt such as the Taj City and Sarai compound.
Today, after 60 years of continuous growth in the Egyptian market, the company has become the first trustworthy choice for property buyers in Egypt for a nourished and vital experience.
The company has been striving to accomplish 3 remarkable characteristics in all its developments: Quality, sustainability, and flexibility in systems and choices.
Top Residential Projects by Madinet Nasr for Housing & Development (MNHD)
Today, the company celebrates the launch of a group of luxurious projects that encapsulated around 32,000 families.
Each project features an exceptional level of innovation and personalization to match residents’ needs.
Taj City Compound
A trendsetter in utilizing massive areas, this is how we can describe Madinet Nasr Company. MNHD galvanize its customers by introducing a whole integrated city on a total land space of 900 Feddan in which residents are empowered to find the smallest amenity they could dream of.
Taj City New Cairo is meant to open people’s eyes to what is the concept of luxury reshaping their maximum level to be the minimum for a one-of-a-kind housing experience full of livability.
The company revealed that the percentage of construction in the project didn’t exceed 18% of the project’s total space, which is a totally new driveway for a tranquil experience.
With a 0% down payment required so residents can officially book their units inside the compound, MNHD managed to classify the compound among the top projects that feature facilitation as a must.
Sarai Compound
A new milestone was launched by MNHD to delve into the real estate competition in New Cairo, which is the Sarai compound.
MNHD distinguished Sarai Compound with a strategic location that is highly accessible from multiple points, such as New Cairo, New Capital, and the greater Cairo.
It’s notable to mention that Madinet Nasr Company set the design of Sarai in alignment with the modern urban techniques that promote residents’ comfort and flexibility to the peak. As all units are designed to let the fresh air and the sunlight go in touching the room corner because of the vast open spaces featured in front of each unit.
Over a huge space of 1250 Feddan, MNHD redefines the integration level by setting up a variety of services such as a fitness center, a medical hub, a group of mid-size mosques and churches, shopping malls, parking lots, swimming pools, and cafes & hypermarkets.
Moreover, Madient Nasr for housing and development was labeled for its credit of introducing the Crystal lagoon into the residential market. As Sarai Compound master plan includes one huge crystal lagoon, which pleases the eye at the first sight, spinning over 1000 sqm.
Madinet Masr Launches Touba Payment Method
Madinet Masr Company offers a solution-based system that will make the purchase process in the housing industry Easier.
As Touba Payment Method empowers Egyptians to purchase their homes easily by buying touba by touba, till they can allocate the whole cost through Toubas, which is the plural noun of Bricks.
Touba Madinet Masr is still under notice for the available units for sale in Sarai, and it’s considered an opportunity to get rid of bank loan hassle.
The Madinet Masr Team Board
The company is proud of its huge team that is composed of +100 team members from different nationalities, here’re the top names responsible for taking critical decisions in the company’s long-term journey:
- Mohamed Hazam Barkat is the Chairman
- Abdallah Sallam is the President & Chief Executive Officer.
- Hazam Barkat Board is the chairman.
- Alaadin Sabaa director joined the board after being a co-founder in Beltone Private Equity.
- Eskandar Tooma director is one of the top influential persons in the company who led to company revenue growth.
- Ahmed Omar joined the board in 2006 as director