Ashraf Shaheen: The large offerings in the last quarter of 2024 and early 2025 are a strong indicator of real estate market growth

Engineer Ashraf Shaheen, Vice Chairman of Margins Real Estate Development, said that the real estate market has recently witnessed large and unusual offerings, unprecedented activity, and significant expansion by real estate development companies. This is a strong indicator of the growth of the real estate market and evidence of Egyptian investors' preference for the market, which they view as a safe haven for investment.

He added, in a phone call to the "Al-Li Bani Masr" program with media personality Marwa El-Haddad on Radio Masr, that the real estate market landscape is currently undergoing continuous and rapid changes. Typically, the last quarter of the year witnesses a limited number of offerings and limited offers, something that did not occur in 2024.

On the contrary, we witnessed dozens of new project proposals with the same concept in the first quarter of this year. While the usual expectation is that Ramadan will be a period of calm, we may find a difference this year, with Ramadan being a period of great prosperity and an opportunity to achieve strong sales.

Shaheen explained that the state's policy for distributing important investments has become decentralized, and we now have significant development in East and West Cairo, and in the Delta we find New Mansoura, and the capital as an important region, unlike the coasts (the North Coast and the Red Sea), where the volume of development is large, and developers usually follow the state's strong steps in distributing projects, and development plans have created large areas suitable for investment. He expects the North Coast to be the spearhead of real estate investment in the coming period, as well as the Administrative Capital and the Sixth Settlement.