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HDP invests EGP 50 billion in Grand Lane project

Businessmen Team realestates 20 January 2026 07:28 PM
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HDP invests EGP 50 billion in Grand Lane project

Housing & Development Properties (HDP) announced an investment of EGP 50 billion in the Grand Lane project in New Cairo, covering a total area of 98 acres.

According to the company’s statement, the project will feature a variety of residential units, including apartments, townhouse villas, and standalone villas, with 87 percent of the total area dedicated to open spaces and greenery, along with a range of facilities and services.

The project is designed according to a tiered master plan, including water features covering up to 5,200 square meters, with direct views for approximately 80 percent of the units. It also includes swimming pools and underground parking.

Residential unit sizes will vary, with apartments ranging from 68 to 195 square meters, townhouse villas from 169 to 203 square meters, and standalone villas from 235 to 251 square meters.