Mobco is one of Egypt's prominent real estate developers, offering a range of dynamic residential and commercial communities. They have recently announced their ambitious $455 million Eastmain compound project in New Cairo, which will cover over 347,000 square meters.

The compound will provide a modern and upscale living experience with 2,000 residential units for sale, ranging from studios to four-bedroom apartments, with sizes ranging from 70 to 290 square meters. Moreover, the construction will feature a clubhouse and a community center that will offer residents various amenities, such as swimming pools, gardens, sports facilities, and shopping complexes.

Mobco's Chief Executive Officer, Tarek Abdel Meguid, stated that Eastmain's Compound is a top-notch project, in terms of its design, location, and amenities. The project is near Cairo's most prominent landmarks, including the American University in Cairo, the British University in Egypt, and the German University in Cairo.

The compound’s location, Mashrou El Kilo, is a burgeoning area that has seen massive commercial and residential growth in recent years. Notably, New Cairo remains a significant investment hub, with many international companies moving their regional headquarters to the region. This has led to an increase in demand for premium residential communities in the city.

Abdel Meguid noted that demand for premium properties in Egypt is on the rise, as more Egyptians are opting to invest their money in local real estate projects, particularly in the new urban communities. Eastmain compound is expected to meet the growing demand for such properties in the area.

Furthermore, the company has set its sights on other new urban communities, as well as expanding its portfolio by launching new mixed-use projects across Egypt. They intend to bring diverse and dynamic living experiences to Egypt's diverse communities.

In conclusion, Eastmain compound by Mobco is an exciting project, offering a top-notch living experience in one of Egypt's most prestigious locations. The new urban communities are a growing investment option in Egypt, and Mobco's ambitious project is expected to meet the growing demand for premium housing in Cairo.