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TOREC Developments announced its expansion plan in the Egyptian market for the upcoming period. The company serves as the development and marketing arm for the New Urban Communities Authority (NUCA).

Mohamed Anwar Hilal, CEO of TOREC, stated that the company aims to expand in the real estate sector and is currently negotiating for two land plots in the Green Belt area in west Cairo. Additionally, TOREC is developing three diverse projects encompassing commercial, administrative, and fully integrated urban developments.

One of the projects currently being marketed by the company for NUCA is the Saba Residence compound, located along the Boulevard Axis in the northern expansions on the 6th of October’s central ring road. The compound consists of 85 buildings with a total of 2,040 units, divided into three sales phases, with the first phase launched, offering 600 units.

The Saba Residence project spans an area of 69 feddans and includes four service areas, green spaces, and a children’s play area. The compound is surrounded by walls and gates, with buildings comprising ground level and five additional repeated floors.

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