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Accelerated Progress Across La Verde New Capital and La Verde Casette in the New Capital

2025-01-02-5 min read
Accelerated Progress Across La Verde New Capital and La Verde Casette in the New Capital

La Verde continues to accelerate construction progress across its two projects, La Verde New Capital and La Verde Casette, in the New Administrative Capital. This comes as part of the company’s plan to speed up execution rates and remain committed to the scheduled delivery timelines, reflecting its strong operational capabilities and the confidence clients place in its projects, according to Invest-Gate.

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Significant Progress at La Verde New Capital

The company confirmed that La Verde New Capital is witnessing notable progress across different phases of construction. A large percentage of the concrete structure and main construction works has been completed, alongside ongoing infrastructure and utilities works. Finishing works have also started in several buildings within the project’s advanced phases.

The project is developed over approximately 35 acres in the R8 district, overlooking the Green River. It is considered one of the key integrated residential projects in the New Administrative Capital, especially with large areas dedicated to green spaces and landscaping, in line with the latest concepts of sustainability and quality of life.

The company added that execution rates at the project have achieved strong progress during the recent period, with construction works continuing according to the approved timeline in preparation for the start of deliveries.

Regarding La Verde Casette, the company noted that construction works are progressing steadily across the project’s different phases, including foundation works and concrete structures, in addition to finishing works in advanced phases. This comes as part of a plan aimed at maintaining accelerated execution rates across the project.

Project Identity, Execution Strategy, and Delivery Plans

La Verde Casette is the first fully integrated villa compound in the R8 district. It is developed over approximately 60 acres, with a low built-up ratio not exceeding 10%, providing high levels of privacy, tranquility, and luxury.

The project includes a limited number of luxury villas with architectural designs inspired by the Italian style. It targets clients who seek upscale living and a distinctive real estate product.

The company confirmed that deliveries at La Verde Casette are progressing according to the announced schedules, with continuous monitoring of execution rates to ensure commitment to the highest standards of quality and efficiency.

La Verde emphasized its commitment to developing its projects according to the latest technical and engineering specifications, in cooperation with leading contracting and consultancy companies. The company also highlighted its focus on accelerating construction works without compromising execution quality, which strengthens the investment value of its projects and reinforces client confidence in its brand.

The company explained that despite the challenges faced by the Egyptian real estate market in recent periods, including rising construction costs, higher building material prices, and wider economic changes affecting the market, La Verde has successfully managed these variables through flexible operational and financing plans. These plans have helped the company maintain construction progress, accelerate work across its projects, and protect clients’ savings.

The company also stated that commitment to delivery timelines remains a key priority within its strategy. This has encouraged La Verde to continue injecting direct investments into its projects and working with leading contractors and consultants to ensure that all works are executed according to the planned schedules, without affecting the quality of the real estate product or its technical specifications.

This approach strengthens client confidence and confirms the company’s ability to overcome market challenges and achieve its targets in the Egyptian real estate sector.

La Verde concluded by confirming that the New Administrative Capital remains one of the most attractive areas for real estate investment in Egypt, supported by the continued strong demand for integrated projects. This encourages the company to continue its expansion plans and inject further investments in the coming period.

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