Cornerstone Development Showcases at Nile Property Expo، Launches New Phases in Key Egyptian Projects
Cornerstone Development Company is set to participate in the 13th edition of the Nile Property Expo، which will occur from September 13 to 15 in New Jersey، USA. As part of its ongoing efforts to attract local and international investors، the company is launching a new phase of its prestigious RED Compound in Mostakbal City، New Cairo، along with a limited number of residential units from The Curve project in the New Administrative Capital. The company provides attractive payment options، with down payments starting at just 5% and instalment plans extending up to eight years to meet a wide range of customer needs.
Cornerstone’s Chairman and Managing Director، Eng. Ashraf Boulos highlighted the company’s strategic vision to promote Egyptian real estate abroad. "We are committed to supporting the government's objectives to export real estate، which is vital for boosting foreign currency inflows into Egypt،" said Boulos. He emphasised that Cornerstone focuses on delivering high-quality projects that cater to both Egyptian and international buyers. The company's innovative projects، developed with the assistance of world-class consultants، incorporate sustainability measures and prioritize customer comfort and satisfaction، ensuring that every investment is a quality one.
RED Compound – A Major Step in Mostakbal City
Cornerstone’s RED project، a standout development in Mostakbal City، New Cairo، is already seeing record-breaking sales. The project، spanning 60 acres in partnership with MIDAR for Investment and Urban Development، is located in the third phase of Mostakbal City. It will be completed in three phases and feature 650 villa units، including duplexes and townhouses. The villas، which offer ground-floor and three upper-floor layouts، have been meticulously designed to ensure privacy and independence for residents. The project's unique selling points include its strategic location، innovative design، and commitment to sustainability.
The company is leveraging innovative design solutions، having enlisted one of the largest consulting firms in the United States to shape the project’s overall concept. RED Compound aims to be a fully integrated urban development company that adheres to the latest construction techniques and strongly focuses on sustainability and green building standards. Construction is expected to be completed within three and a half to four years.
Notably، only 17% of the project’s total area will be used for building، even though zoning allows up to 22%. The remaining space is dedicated to green areas، landscaping، roads، and services—an approach that enhances the project's aesthetic and environmental quality.
The Curve – A Landmark Development in the New Administrative Capital
Cornerstone has already completed 80% of The Curve project in the New Administrative Capital. The development spans 13 acres and includes approximately 550 residential units. It was one of the first projects in the R8 district. It was a prime location adjacent to the Green River and close to major landmarks such as the Mohammed bin Zayed Axis، the airport، the Republican Palace، and the government ministries.
The Curve comprises four blocks، housing 15 buildings with a construction area of 100،000 square meters. The project offers a mix of residential apartments، duplexes، and penthouses with expansive open spaces. Cornerstone's founders and board members bring extensive local and international expertise across real estate investment، contracting، building materials، concrete، and interior design، ensuring that their projects meet global standards.
Expanding Global Reach and Future Outlook
Cornerstone’s participation in the Nile Property Expo underscores its ambition to expand its global footprint. The company focuses on delivering high-quality، sustainable projects that align with Egypt’s growing urban development needs while appealing to international buyers looking for innovative and attractive real estate options. By consistently working with renowned experts and maintaining a customer-first approach، Cornerstone is solidifying its position as a leading player in the Egyptian real estate market، ensuring that our customer's needs and preferences are always at the forefront of our projects.