New Residential Units Introduced as Deliveries Commence at Ivy Residence in El Shorouk City

AGEC Developments has officially launched its “June Handover Month” campaign while commencing handovers for the first phase of its Ivy Residence project in El Shorouk City. The company has also introduced a new collection of two-bedroom and three-bedroom apartments, reinforcing its commitment to delivering projects on schedule and offering ready-to-move-in residential units.

AGEC Developments Reinforces Commitment to On-Time Delivery

Eng. Ayman Louis Rafla, Chairman of AGEC Developments, stated that the launch of handovers alongside the introduction of new unit models reflects the company’s ability to fulfill its commitments despite the challenges faced by Egypt’s real estate sector in recent years.

He emphasized that Ivy Residence stands out not only for its strategic location and premium architectural design but also for providing buyers with the opportunity to inspect completed units and experience the community firsthand before making a purchase decision.

“At a time when many developers continue to market projects that are still under construction, Ivy Residence offers a different value proposition. Customers can visit the site, assess construction progress, and evaluate execution quality before signing a contract, ensuring greater transparency and confidence,” Rafla said.

Strong Construction Progress and Ready-to-Move Villas

Rafla revealed that construction progress across the residential buildings has reached approximately 80%, while all villas within the development are fully completed and available for immediate handover.

He noted that buyer preferences in the real estate market have shifted significantly, with project readiness and a developer’s delivery track record becoming key factors influencing purchasing decisions.

“Today’s buyers prioritize certainty, trust, and credibility. This has led to growing demand for completed projects that can be inspected and evaluated in person. At Ivy Residence, we are not selling future promises—we are offering a tangible product and a ready-built community that customers can see and assess before making their investment decision,” he added.

Comprehensive Marketing Campaign and Customer Engagement Activities

Ahmed El Ashry, Chief Commercial Officer of AGEC Developments, announced that the company is rolling out an extensive marketing campaign throughout June, supported by a large-scale outdoor advertising strategy.

In addition, AGEC Developments will host a dedicated customer event at Ivy Residence, allowing prospective homeowners and investors to tour the project, explore its facilities, and experience the community firsthand.

Prime Location in East Cairo

El Ashry explained that Ivy Residence enjoys a strategic location directly on the Suez Road opposite Madinaty, offering seamless connectivity to New Cairo, Cairo International Airport, and the New Administrative Capital.

The development spans 28 feddans and features a fully integrated residential community, with the built-up area accounting for only 25% of the total land area. The remaining space is dedicated to landscaped gardens, water features, open green spaces, and recreational amenities designed to enhance residents’ quality of life.

Diverse Unit Options for Homebuyers and Investors

The project offers a wide range of residential options, including apartments ranging from 98 sqm to 209 sqm, as well as villas starting from 267 sqm, catering to the needs of both end-users and real estate investors.

A Ready Community Offering Immediate Homeownership

El Ashry concluded that the core message behind the “June Handover Month” campaign is to demonstrate that buyers can now move into their new homes in East Cairo without waiting years for project completion.

By offering a development that is ready for inspection, contracting, and handover, Ivy Residence provides the transparency, certainty, and confidence increasingly sought by today’s real estate buyers.