LMD presents to the Egyptian real estate market its promising project in East Cairo. Stei8ht, the company’s latest residential and mixed-use project in Egypt
With investments of 30 billion pounds and an area of more than 500 hectares, the stei8ht project is a new icon that shines in the sky of East Cairo.
LMD, the leading real estate development company, has announced the launch of its new project in East Cairo, the Stei8ht project, the company’s first mixed-use residential project in Egypt, built on an area of more than 500 hectares, in one of the most important and best areas in New Cairo, with investments of 30 billion pounds. It is scheduled to start delivering it in the last quarter of 2024.
The Stei8ht project is a new icon that joins a group of successes recently achieved by LMD Company. The project offers a new dimension for residential projects in Egypt through which LMD Company uses its vast and extensive experiences and successes in the field of reflecting the development of leading residential projects. outside Egypt over the years.The Stei8ht project came with its unique location Its type is located in one of the most vital areas in eastern Cairo, in front of Al-Rehab City, on the Suez desert road from the north, with a 2 – kilometer of facade and parallel to the Youssef El-Sebaei axis, with a length of 2 km as well, to offer a different lifestyle that takes into account the complete privacy of its residents through a master plan and very distinguished designs. It was developed by an elite group of experts and specialists who have a long experience in this field. The master plan of the project was developed by YBA Office for Engineering Consultations, and the project designs were done by Alchemy Architecture.
Commenting on this, Eng. Amr Sultan, CEO of LMD, said: “The great urban renaissance that the country has experienced in recent years has placed a huge responsibility on real estate companies when they think about establishing their projects, and this is what LMD is focusing on. on when planning any new step in his career in the field of real estate development. We always strive to think outside the box by offering integrated urban projects that combine elegant thinking, modernity and creativity at the same time, and strongly contribute to the modern urban revolution in the country, hence the Stei8ht project plays a unique role in the New Cairo area harmonizing with all the elements of success for residential projects of a Master Plan, designs and services at the highest level offer the client a secure , a stable life full of comfort and independence, using our extensive experience in developing such projects in the foreign market in the United Arab Emirates, Spain and Greece.”
Stei8ht enjoys special specifications, as the project is built in 8 phases and offers a limited number of different villas, numbering 2,000 residential units, combining independent villas, townhouses and semi-detached houses with different areas from 230 square meters to 800 square meters, implemented on a very limited building area of 6 thousand square meters, which represents no more than 15% of the total area of the project, despite its implementation on a large area of 371 hectares, to ensure that the residents of the project enjoy the highest level of privacy. The company also took into account the presence of large distances between the different housing units, from 6 meters. The project includes an integrated commercial and administrative area on an area of 172 hectares of the total project, which offers a distinguished group of administrative and commercial activities, in addition to areas designated for the establishment of various exhibitions, in an effort by the company to make the project an icon in which all elements of modern life are harmonious, including commercial activities, entertainment areas and youth exhibitions. And culturally, so that the residents of the project feel all the aspects of enjoyment in every part of the project, and the commercial area in the project provides its services to neighboring projects, as it is designed with private entrances far from the same project to the privacy to achieve what residents are looking for.
LMD made sure that each phase of the project includes special features, considering that each phase includes a private entrance and a clubhouse, and the area of the first phase reaches approximately 30 hectares with a total of 400 units of different sizes, and Stei8ht has a great advantage that distinguishes it from other projects, since the large area of the project has made it a vast open park that includes many green spaces that harmonize in a unique way with a group lakes between the different phases of the project to give residents an expansive view of more than 28 square meters. The designs of the project also took into account the provision of a private garden for each residential unit in the project LMD offers villas The project has a semi-finished system, and gives customers a special advantage that allows them to choose the interior designs of some of the villas with large areas in the project, and many roads and corridors are building that facilitates movement operations with complete ease, with the provision of 4 entrances, including 3 entrances on the Cairo-Suez road, and an entrance for residents of Al-Rehab City district and Youssef El-Sebaei axis, with a width of about 90 meters.
LMD is one of the most important and largest real estate companies specialized in providing residential, commercial and mixed-use real estate products with international specifications and standards. It is committed to expanding geographically to present its excellent vision to the world by developing high-quality projects that surpass all that is possible in all its aspects. LMD owns a large land portfolio in several strategic locations, and the company enjoys a strong presence in Dubai, Spain and Greece. LMD’s business portfolio in Egypt is also diversifying with a variety of high-end projects, including the Stei8ht project in the heart of East Cairo, and the Zoya Ghazala Bay project in one of the most stunning areas on the North Coast Ghazala Bay area, and the ONE NINETY project with its unique location at the beginning of the south 90th Street in New Cairo, in addition to the 3sixty project, which enjoys a unique location in the heart of the Golden Square in New Cairo. LMD aims to offer all that is new and distinct from global real estate products through a clear vision and strategy that reflects the size of the conscious thinking of those in charge of the company.