New Town Group (NTG) is a prominent real estate development company based in Egypt. Founded in 1992, it has since become a leading player in the Egyptian real estate market. With over 31 years of experience and over 100 projects, NTG has built a reputation for delivering high-quality, innovative, and professional real estate projects.
The company is led by Engineer Ezzat Azmy Haroun, an expert in investment management and real estate development since 1990. During his tenure at NTG, he has overseen the implementation of more than 100 residential projects in various locations across Egypt, including The Fifth Settlement, El Obour, Heliopolis, Al-Ahram Gardens, Sheraton, and 6 October. NTG’s proficiency as a top-notch real estate developer is evident in its diversified portfolio of projects, ranging from residential to administrative and commercial projects.
NTG’s success can be attributed to its commitment to quality, innovation, and professionalism. With a focus on customer satisfaction, NTG has built a loyal customer base of over 3000 clients. The company’s latest project, the Intown launch conference, was held on 24 September 2023 and was a resounding success.
Company Overview
About New Town Group
New Town Group (NTG) is Egypt’s top real estate developer, with over 30 years of expertise in the industry. The company was created in 1992 by a group of investors with a diverse investment portfolio that includes transportation, agriculture, tourism, import and export, contracting, general construction, and real estate. NTG has completed over 100 projects, ranging from residential, administrative, and commercial projects all over Egypt.
Vision and Mission
NTG’s vision is to be the most trusted and respected real estate developer in Egypt, providing innovative and sustainable solutions to meet its clients’ diverse needs. The company’s mission is to create value for its stakeholders by delivering high-quality real estate projects that exceed customer expectations while maintaining the highest standards of professionalism, integrity, and social responsibility.
Leadership
NTG’s CEO, Ezzat Azmy Haroun, is a seasoned executive with over 30 years of experience in the real estate industry. He has been with the company since its inception and has played a vital role in its growth and success. Under his leadership, NTG has become a trusted and respected brand in the Egyptian real estate market.
NTG’s leadership team comprises experienced professionals with diverse backgrounds and expertise in various fields, including engineering, finance, marketing, and project management.
In summary, NTG is a leading real estate developer in Egypt with over 30 years of experience in the industry. The company’s vision is to be the most trusted and respected real estate developer in Egypt, while its mission is to create value for its stakeholders by delivering high-quality real estate projects that exceed customer expectations. Under the leadership of CEO Ezzat Azmy Haroun, NTG has become a trusted and respected brand in the Egyptian real estate market.
Projects and Developments
New Town Group Egypt has established itself as a prominent real estate developer by undertaking various projects over the past 30 years. The company has built over 100 projects, including residential, commercial, and administrative, all over Egypt.
Residential Projects
New Town Group Egypt has a proven track record of constructing luxurious residential projects with modern design and the latest technologies. Their projects are known for their strategic locations, high traffic, and luxurious architectural designs. The Fifth Settlement is one of their most prominent projects, situated in a prime location in New Cairo.
Commercial Projects
New Town Group Egypt has also constructed several commercial projects, including the InTown and Evolve Tower Mall. These commercial projects are strategically located in high-traffic areas and feature modern designs that attract customers.
Administrative Projects
The company has also constructed several administrative buildings, including the Al-Ahram Gardens and Sheraton. These administrative buildings feature state-of-the-art architectural designs and are equipped with the latest technologies to provide employees with a serene and efficient working environment.
Overall, New Town Group Egypt has established itself as a reliable and proficient real estate developer. Their commitment to construction, architectural designs, and the latest technologies has allowed them to undertake diverse projects that cater to their clients’ needs.
Strategic Partnerships and Collaborations
Investors and Partners
New Town Group Egypt has established strategic partnerships with several reputable investors and partners, contributing to the company’s success in the real estate sector. These partnerships have enabled the company to expand its investment portfolio and offer high-quality projects to its clients.
One of New Town Group Egypt’s key investors and partners is Egypro, which is responsible for about 90% of Egyptian banks. The company has played a strategic role in the success of its projects and has helped to create a real competitive advantage that has contributed to the renaissance of the real estate sector in Egypt.
Another critical partner of New Town Group Egypt is Etqan Real Estate Development, a leading company in the Middle East. The company has provided New Town Group Egypt with valuable consulting services and helped it develop innovative, high-quality projects that meet the needs and aspirations of its clients.
Consulting Companies
New Town Group Egypt has also established strategic partnerships with several consulting companies, which have contributed to the company’s success in the real estate sector. These companies have provided New Town Group Egypt with valuable consulting services, which have helped the company develop innovative and high-quality projects.
One of the key consulting companies that New Town Group Egypt has partnered with is Dar Al-Handasah, a leading engineering consultant in the Middle East. The company has provided New Town Group Egypt with valuable engineering consulting services and has helped the company develop innovative, high-quality projects that meet the needs and aspirations of its clients.
Another critical consulting company New Town Group Egypt has partnered with is Hill International, a global leader in managing construction risk. The company has provided New Town Group Egypt with valuable project management consulting services and has helped it manage its projects efficiently and effectively.
Innovative Practices and Technologies
Sustainability and Green Building Standards
New Town Group Egypt is committed to sustainability and green building standards. The company’s use of green building materials and practices reflects this commitment.
New Town Group Egypt’s projects are designed to be sustainable and energy-efficient, with solar panels, energy-efficient lighting, and water-saving fixtures. The company also uses sustainable building materials like recycled steel and concrete and incorporates green spaces into its projects.
Use of Advanced Construction Materials
New Town Group Egypt uses advanced construction materials to ensure the quality and durability of its projects. The company uses high-strength concrete, which is more durable and cracking-resistant than traditional concrete. This ensures that the company’s projects can withstand the harsh Egyptian climate and last many years.
In addition to high-strength concrete, New Town Group Egypt uses other advanced construction materials, such as insulated concrete forms and structural insulated panels. These materials provide superior insulation and energy efficiency, which helps to reduce the carbon footprint of the company’s projects.
Overall, New Town Group Egypt’s commitment to sustainability, quality, and the use of advanced construction materials and technologies sets it apart as a leader in the Egyptian real estate market.
Client Services and Amenities
Security and Safety Features
New Town Group Egypt prioritizes the safety and security of its clients. The residential units have state-of-the-art security systems, including 24/7 CCTV surveillance, secure entrances, and intercom systems. The company also employs trained security personnel to ensure the safety of the residents. In addition, the buildings are designed to meet safety standards and are equipped with fire alarms and sprinkler systems.
Luxury Amenities
New Town Group Egypt offers its clients a range of luxury amenities. The residential units have air conditioning systems to provide a comfortable living environment. The buildings also have high-speed elevators and dedicated parking areas. The company offers transportation services to its clients, including shuttle buses and private cars.
Owners can relish various recreational facilities, including a fully equipped gym and fitness center. The company also provides access to cafes and restaurants within the buildings, which offer a variety of cuisines to cater to different tastes.
In conclusion, New Town Group Egypt provides its clients high-quality services and amenities. The company prioritizes its clients’ safety and security and offers a range of luxury amenities to ensure a comfortable living experience.
Business Operations
Diversified Fields of Operation
New Town Group Egypt has a diversified business portfolio covering various fields, including real estate development, general construction, agriculture, tourism, import and export, and contracting. The Group’s operations are spread across different sectors, establishing a solid presence in each.
The Group’s diversified fields of operation enable it to leverage its expertise and resources to create synergies across its businesses and to capitalize on emerging opportunities. The Group’s focus on diversification is a vital part of its strategy to manage risk and to ensure sustainable growth.
Real-Estate Development Strategy
As a leading real estate developer in Egypt, New Town Group has a proven track record of delivering high-quality projects that meet its clients’ needs. The Group’s real estate development strategy is based on a deep understanding of the market and a commitment to excellence in design, construction, and customer service.
The Group’s real estate development projects include commercial, administrative, and residential properties and mixed-use developments that combine different types of properties. The Group’s projects are designed to meet the needs of various market segments, from affordable housing to luxury properties.
New Town Group’s real estate development strategy is committed to innovation and sustainability. The Group uses the latest technologies and materials to create energy-efficient and environmentally friendly buildings. The Group’s focus on sustainability is good for the environment, helps reduce operating costs, and increases the value of its properties.
Competitive Advantages
New Town Group Egypt has several competitive advantages that set it apart. The Group’s focus on innovation and sustainability is a vital part of its strategy to create value for its clients and to differentiate itself from its competitors.
The Group’s strong financial position and access to capital enable it to undertake large-scale projects and invest in new businesses. The Group’s experienced management team and skilled workforce ensure that projects are done on time, within budget, and to the highest quality standards.
In conclusion, New Town Group Egypt’s diversified fields of operation, real estate development strategy, and competitive advantages make it a leading player in the Egyptian market. The Group’s commitment to innovation, sustainability, and customer service ensures that it will continue to deliver value to its clients and grow its business over the long term.
Locations and Accessibility
Prime Locations
New Town Group Egypt has a strong presence in some of the prime locations in Egypt, including New Cairo, Heliopolis, New Administrative Capital, and 6 October. These locations are highly sought after by businesses and residents due to their strategic location, modern infrastructure, and excellent connectivity.
Connectivity and Transportation
New Town Group Egypt’s projects are located to deliver simple access to major transportation networks, including highways, airports, and public transportation. The company’s focus on connectivity ensures that its projects are easily accessible from all parts of the city.
New Cairo, where most of New Town Group Egypt’s projects are located, is well-planned with modern infrastructure and excellent connectivity. The town is connected to other parts of Cairo through a network of highways, including the Cairo-Suez Road, which provides easy access to the city center and other vital locations.
Heliopolis, another prime location where New Town Group Egypt has a presence, is located in the heart of Cairo and is well-connected to other parts of the city through a network of roads and public transportation.
The New Administrative Capital, where New Town Group Egypt is developing several projects, is a new city being built to serve as Egypt’s administrative capital. The city is well-planned and has modern infrastructure, making it an attractive location for businesses and residents.
6 October, where New Town Group Egypt is also developing several projects, is a well-planned city on the outskirts of Cairo. The town is connected to other parts of Cairo through a network of highways, making it easily accessible from all parts of the city.
In conclusion, New Town Group Egypt’s focus on prime locations and connectivity ensures that its projects are easily accessible from all parts of the city.
Financial Information
Investment Opportunities
New Town Group Egypt provides buyers with a selection of investment opportunities in the real estate development sector. The company has a proven track record of success, with over 100 projects completed since its inception in 1992. Investors can choose from various residential, commercial, and administrative projects.
New Town Group Egypt also offers flexible payment plans to investors. These plans allow investors to invest in the company’s projects without worrying about upfront payments. The company provides a range of payment plans to suit different investment needs and budgets.
Growth and Performance
New Town Group Egypt has experienced substantial growth and performance over the past few years. The company has a strong presence in the Egyptian market and is well-positioned to exploit the country’s growing real estate development sector.
The company’s success is due to its experienced team of professionals who deeply understand the Egyptian market. New Town Group Egypt has a strong reputation for delivering high-quality projects on time and within budget.
Investors can be confident in their investments with New Town Group Egypt. The company has a strong track record of success and is committed to delivering value to its investors. With various investment opportunities and flexible payment plans, New Town Group Egypt is an attractive option for investors looking to invest in the Egyptian real estate development sector.
Management and Team
Executive Leadership
New Town Group Egypt has been led by a team of experienced and knowledgeable executives in the real estate development industry for over thirty years. The CEO, Khaled Abdel Nasser, has been with the company since its inception in 1992. He is a visionary leader overseeing the successful implementation of over 100 projects across Egypt.
Shenouda Zarei is the company’s chief operating officer (COO). He is responsible for the company’s day-to-day operations and ensures that all projects are executed on time and within budget. Ezzat Azmy Haroun is the Chief Financial Officer (CFO) and oversees all financial aspects of the company, including budgeting, forecasting, and financial reporting.
Team of Experts
New Town Group Egypt has a team of experts and engineers who work tirelessly to ensure all projects are designed and implemented to the highest standards. The team comprises professionals with years of experience in the real estate development industry who are committed to delivering quality projects that meet their clients’ needs.
The company’s experts and engineers are involved in all aspects of the project lifecycle, from initial design to implementation. They work closely with the executive leadership team to ensure that all projects are executed to the highest standards and meet the needs of their clients.
In conclusion, New Town Group Egypt’s management and team are key to the company’s success. With a strong focus on quality, innovation, and professionalism, the company’s experts and engineers work tirelessly to deliver projects that meet their clients’ needs. The executive leadership team, led by CEO Khaled Abdel Nasser, ensures that the company’s operations run smoothly and that all projects are executed on time and within budget.
Frequently Asked Questions
Who is the owner of the New Town Group in Egypt?
New Town Group (NTG) is a privately owned company in Egypt. Founded in 1992, it has since grown to become one of the country’s leading real estate developers.
What are the latest reviews for New Town Group’s services in Egypt?
No recent reviews of New Town Group’s services in Egypt have yet to be made available. However, the company has a strong reputation in the market and has completed over 100 projects since its inception.
What is the average salary range for NTG Clarity employees in Egypt?
No publicly available information exists on the average salary range for NTG Clarity employees in Egypt. However, the company has a reputation for offering employees competitive salaries and benefits packages.
What are some of the notable projects undertaken by NTG in Egypt?
NTG has completed several notable projects in Egypt, including developing the InTown residential complex in New Cairo. The company has also developed several commercial and retail spaces, including the Point 90 Mall, one of the largest malls in the country.
What types of development services does NTG offer?
NTG offers various development services, including land acquisition, planning and design, construction, and property management. The company has experience in developing residential, commercial, and retail properties.
How does National Technology Group position itself within the Egyptian market?
NTG positions itself as a leading real estate developer in Egypt. Its focus is on delivering high-quality projects that meet its customers’ needs. The company has a strong reputation for innovation and professionalism and has won a number of awards for its work in the industry.
EGYPT MLS
Egypt MLS, a part of Arab MLS, is an innovative real estate platform catering to licensed agents, realtors, and brokers in Egypt. It features an extensive database of properties, simplifying the process of searching, comparing, and securing real estate purchases. This platform aims to revolutionize the property market in Egypt.