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IL CAZAR launches VÉA project in Sixth Settlement

Businessmen Team realestates 08 February 2026 09:19 PM
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IL CAZAR launches VÉA project in Sixth Settlement

IL CAZAR announced the launch of its ninth project, VÉA, in the Sixth Settlement area of New Cairo. The villa-only project spans 100 acres, with total investments reaching EGP 20 billion.

Nader Khozam, Chairman and CEO of the company, revealed a surprising development: approximately 70% of the project’s construction work has already been completed prior to its official launch. He emphasized that this step ensures early delivery in 2028 and reinforces customer confidence in the company’s timeline.

Regarding the project’s details and amenities, IL CAZAR stated that VÉA comprises only 400 units, including standalone villas, townhouses, and administrative villas. Designed by architect Raef Fahmi, the project features a building footprint of no more than 14%, with the remaining area dedicated to green spaces and water features. It also includes a clubhouse, an outdoor fitness center, and landscaped gardens.

Khozam emphasized that the VÉA project reflects the company’s vision of providing smart, low-density communities, in line with the state’s objectives for sustainable urban development.