The MarQ Developments acquires land from TAMEER to build EGP 2bn project

By: Abdullah Bedeir 

Cairo - Mubasher: The MarQ Developments purchased a 20-feddan land plot in New Cairo from Development and Engineering Consultants Co (TAMEER) to build its latest project named The WaterMarQ with investments of EGP 2 billion.

The WaterMarQ will be developed at the land of Azad project, the Chairman of The MarQ Developments, Amr Badr, said in a press conference on Wednesday. 

The project, which will feature 200 villas, is scheduled for completion within two years, Badr added.

Moreover, The MarQ Developments is also developing another project in New Cairo in partnership with Mountain View over a 26-feddan land. The project is expected to be delivered by the fourth quarter (Q4) of 2023.

The MarQ Developments is looking to expand its projects in various areas, including west Cairo, Galala City, Ain Sokhna, North Coast, and New Alamein.

Mubasher Contribution Time: 07-Jul-2021 13:18 (GMT)
Mubasher Last Update Time: 07-Jul-2021 13:18 (GMT)