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Chairman and Chief Editor
Bedour Ibrahim
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Cornerstone Development participates in Nile Property Expo in Riyadh, Saudi Arabia

Thursday 24/November/2022 - 12:55 PM
أصول مصر

Cornerstone Development Company is participating in the 8th edition of the Nile Property Expo, the most significant Egyptian real estate exhibition to be held outside the country, which will be held at CROWNE PLAZA RDC in Riyadh from November 24 to 26.

 

Premium offers and miscellaneous services provided by Cornerstone Development to its customers at the exhibition

Cornerstone Development will showcase to the exhibition visitors its new project, The Curve. It is a multi-purpose project in the New Administrative Capital.

The boutique residential compound is built on an area of 13 acres, on one of the most crucial prime locations in the New Administrative Capital, in the R8 district, directly overlooks the Green River, and is near Mohammed bin Zayed Axis, the airport, the presidential palace, and the ministries.

Commenting on this participation, the CEO of Cornerstone Development, Eng. Ashraf Boulos said, "We are interested in participating in several real estate exhibitions abroad and exist in different countries to convey a new image of Egyptian real estate and the development extent it attained.

 

The Curve in the New Administrative Capital is a model for integrated projects, as it includes amenities and sustainability and stability services for its residents

Furthermore, our participation in the 8th edition of the Nile Property Expo in Saudi Arabia aims to cement cooperation between the two countries and solid economic, political, and social bonds." 

He also said, "it is an ample opportunity to introduce the major achievements made in the field of real estate development in Egypt, to directly communicate with the Saudi and Egyptian brothers working in the Kingdom, and showcase our real estate products."

For "The Curve" project, he said, "We endeavor to make The Curve, with its advantages, a model for real estate projects that contribute to advancing the file of exporting Egyptian real estate.” 

The company, according to Eng. Ashraf Boulos successfully attracts foreign customers and fully understands their requirements, which are well-thought-of when considering The Curve Project by adopting cutting-edge designs in compliance with the latest international standards.

This allows the customer to obtain all his requirements, get the highest levels of prosperity, and live in a healthy environment that provides comfort.

This is well attained by following modern methods of design and providing all services based on technology, and fulfilling the elements of sustainability that everyone desires to achieve in real estate projects to balance between the considerable efforts for the conservation of the environment and the realization of the highest investment revenues for the beneficiaries of the project.

Excellence factors

Cornerstone Development has excellent credibility among customers worldwide due to the company's ability to fulfill the requirements and desires of foreign customers through premium real estate products.

This enabled the company to participate in many foreign exhibitions, have a strong presence, and realize actual sales to many customers in the exhibitions, whether Egyptian expatriates or from Arabs in Syria, Jordan, Yemen, and the Kingdom of Saudi Arabia, as well as Armenians.

40% of the project constructions are completed to date, and LE 700 million was pumped by the Company as investments

Moreover, the company gained contractual sales of LE 1.3 billion from its project in the New Administrative Capital, The Curve, which consists of 4 blocks comprising 15 buildings with a construction area of 100K square meters. The units vary between apartments, duplexes, and penthouses with large open spaces of 550 housing units. The company has sold about 70% of the project’s total units. The percentage of construction in the project is 40%, and approximately LE 700 million were pumped as investments into the construction works.

The Curve has a particular uniqueness in terms of location, design, and master plan, as Cornerstone ensured that the project would be a perfect example of smart integrated urban projects that depend on using the latest technologies in line with world trends to achieve pillars of sustainability and energy conservation in every corner.

This is attained through cooperation with a group of the most outstanding consultants specialized in this regard, including the office of Arab Consulting Engineers, Moharram Bakhoum, with experience of more than 70 years as an engineering consultant for The Curve Project.

Among the consultants is Yasser Al Beltagy Architects (YBA), which is specialized in developing master plans for the Project and the interiors of the various units, as well as cooperation with Studio Five to undertake the mission of landscape works and architectural interiors.

The designs of The Curve Project are derived from New York City designs, with its high ceiling buildings and giant glass facades, which bring much luxury to the units beyond the usual cement blocks.

The project also boasts its view of the largest park of 40 acres of open green spaces and breathtaking landscapes, which gave it an outstanding consistency between units and gardens that provide residents with a real respite and great psychological comfort.

On the other hand, Cornerstone sought to complete this image by providing an integrated set of high-quality facilities and services in Clubhouse. The Clubhouse includes a gym, indoor and outdoor swimming pools, a spa, and rooms designed according to the Japanese Zen system to restore energy.

A social club also provides all means of entertainment, including a cinema, listening library, open buffet, and kid’s creative lounge. Moreover, Cornerstone strived that the compound includes 7 Tree Lounges that allow residents to enjoy their time in a fantastic social atmosphere. Services:

The Project includes an integrated commercial strip, THE CRV BLVD, in a dynamic area within The Curve, with a construction area of 10K square meters.

The site includes many commercial, administrative, and medical units and distinctive retail stores.

Cornerstone Development Company made this mixed-purpose area an integrated area with all available services to provide its visitors and employees with high-level independence and uniqueness.

This aims to help them perform their work perfectly by providing a healthy job environment with all the elements of comfort and serenity.

THE CRV BLVD designs have a one-of-a-kind style in terms of good use of spaces and adaptation as necessary, with the open vantage of the street and panoramic glass facades that allows access to natural light and fresh air around the clock.

With all its energy, Cornerstone plans to start handing over the residential area of the project by the end of 2024.

Cornerstone Development strives for definite impact among the pioneering real estate companies in the country, relying on its broader experience for its shareholders in the real estate field for more than 50 years in various fields related to real estate investment, such as contracting, building materials, concrete, and decoration. It also pursues to develop several premium projects outside Egypt in Cyprus and Canada.

Furthermore, it has profound thought and out-of-the-box reflection to provide its customers with exceptional real estate products that combine classy designs, smart technological services, added value to the real estate component in general, and expansion of its business portfolio in various vital areas in Egypt.