Nile Developments posted EGP1.2bn sales from its North 31 “Festival Towers", its first project in the New Administrative Capital, within two months. Nile Developments seeks to generate EGP2.5bn sales from North31 during 2021. With the aim of generating high returns on investment for clients, Nile Developments seeks to offer affordable units, prone to 1.5% increases every 3 months, he maintained. Nile Developments has a remarkable tracking record in the Egyptian market. In 2018, Nile Developments and Al Ahram merged to launch a joint venture that executed exceptional projects in 5th Settlement with the construction of up to 200,000m areas being completed for the time being.
