Madinet Masr for Housing & Development (MNHD)
Madinet Masr for Housing & Development (MNHD) is one of the largest real estate entities that exist within the huge Egyptian real estate market and has succeeded in possessing that prestigious position because of its experiences that extend since the middle of the last century, specifically in the year 1959 AD, which strongly helped in achieving a shift in the Egyptian residential community that was not Unparalleled to the maximum global limits of its time and the concept of housing is characterized by development and all methods that ensure the comfort of customers.
Where it was keen to enter into various urban fields, from luxury residential to commercial, and also the distinguished coastal, to meet all the needs of the Egyptian market with its unique artistic touch that transfers the field to continuous development, which made it achieve unprecedented rates of sales at a high speed that helped it obtain a huge segment of clients and increased its long-standing position in the field, in addition to its success in forming a distinguished work team with the best expertise of about 450 workers in order to meet all the needs of Egyptians in various segments, especially the middle-income segment.
History of Madinet Masr for Housing and Development
Madinet Masr for Housing & Development (MNHD) is one of the largest companies with a long history that no other company is able to compete with and keep up with its long list of successes that made it worthy of occupying the throne of this field, as it has succeeded since it was founded in 1959 from Strongly entering the real estate market by transferring the usual concept of housing to an unprecedented development, which it maintains in its various projects in various fields until the present time.
The most important achievements of Madinet Masr for Housing and Development during its long history are represented in the following points:
- 1959: Former President Gamal Abdel Nasser transferred a large land area estimated at about 4.5 million square meters in Nasr City to the company in order to establish its projects on it.
- 60s Sixties of the last century: The company established the largest residential communities on its own lands with the latest methods, in addition to buildings for the government, especially for the ministries.
- 1970 The seventies: The company succeeded in annexing more lands to it, and it also established the Nasr City Sports Club, the first Nasr City police station, and also the Unknown Soldier Monument.
- 1990 The nineties: The company established the Sefarat neighborhood and also the Oasis residential project.
- Nasr City Housing and Development Company was also subscrib to the Egyptian Stock Exchange for trading, with the acquisition of Nasr General Company for Utilities and Installations, which resulted in the merger between the two companies.
- In the 2000s, it established the Nasr Gardens project.
- 2012: Taj Sultan Compound.
- 2014: Primera Compound.
- 2016: Recording the highest sales in one month, with revenues amounting to about 519.1 million Egyptian pounds.
- 2019: The company established the Cobalt Business District project.
Objectives and advantages of Madinet Masr for Housing and Development
Madinet Masr for Housing & Development (MNHD) has a huge segment of customers with high levels of confidence because of its many advantages, which appear in its various projects since its inception, which made it achieve huge sales at a rapid rate, namely:
- Delivering projects without any delay to clients.
Ensuring the permanent development of its projects and keeping pace with the latest international methods. - The company places customer comfort as a priority while working to provide all customer requirements.
- Very carefully selecting project sites to make it easier for customers to navigate.
- Cooperating with the best foreign experts for the integration of its projects.
- It is also keen to build a relationship of trust, transparency, and credibility with its clients over time.
- In addition to choosing the finest designs that are consistent with the most luxurious finishes.
- Offering its projects at the most competitive prices and the longest payment systems.
- Using the best building materials to withstand for the longest time against various factors of erosion and earthquakes.
- With the provision of the latest international technologies to facilitate customers and make them feel a better future for themselves and their families.
- Paying attention to the aesthetic aspect and the health of customers by allocating most of the areas of its projects to landscapes.
- It also conducts a detailed market study before establishing its projects in order to meet all customers’ needs.
- It is also always keen to establish its projects with a unique touch so that the customer feels distinguished over time.
The Most Prominent Projects of Madinet Masr for Housing and Development
Madinet Nasr for Housing & Development (MNHD) has a long list of achievements since it was founded in the middle of the last century that helped it advance strongly. For many reasons, the most important of which is to facilitate the movement of customers without the presence of any obstacles, while ensuring the success of the project, in addition to achieving a huge return on investment for its customers.
The most important projects of Madinet Masr for Housing and Development in the recent period are as follows:
- Taj City New Cairo.
- Taj Gardens.
- Cobalt Business District.
- Sarai New Cairo.
- Primera Compound.
- Park residence.
- Cavana Springs New Cairo.