Rock Developments, an Egyptian real estate developer, has announced the initiation of the Rock White project construction in New Heliopolis, Egypt.
The development, covering an area of 25.52 acres, is said to have ‘rapidly’ progressed into the construction phase following its launch, according to a press release posted on Zawya.
The built-up area of Rock White is designed to be less than 10% of the total land, with the remaining space dedicated to commercial services, green areas, and landscaping.
Over 30,000m² of the project is reserved for gardens and landscaping, as part of the company’s commitment to creating a luxurious and quality living environment for its clients.
The residential section of Rock White will consist of 30 buildings, featuring a total of 770 fully finished units.
These units will vary in size, ranging from 117m² to 236m², to accommodate the diverse needs of potential homeowners.
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By GlobalDataThe commercial segment of the project will include a supermarket, bank, pharmacy, various retail outlets, and a sports area with tennis and football facilities, as well as a children’s playground.
As part of its expansion strategy in East Cairo, Rock Developments has earmarked investments of more than E£10bn ($196.5m) for five major projects, including Rock White.
This project is a collaboration with the National Asset Management and Investment company, with Rock Developments at the helm of its development and marketing efforts.
Strategically located near Cairo International Airport, Rock White’s projects also offer proximity to essential services such as healthcare, education, and sports amenities.
El Batal for Investment and Rock Developments founder Emad Doss emphasised the project’s alignment with client aspirations and the company’s vision.