Badya Palm Hills
Badya Palm Hills is the latest project by Palm Hills Developments in 6th of October City. Badya will be a residential, commercial, and retail compound.
Palm Hills plans to have over thirty thousand residential units in Badya with over 16% of them being standalone units. Badya compound will cover 3,000 feddans in West Cairo and is a co-development between Palm Hills and The Egyptian New Communities Authority (NUCA). Badya Palm Hills is an integrated project offering apartment buildings, standalone units complemented with commercial, educational, and leisure activities.
About Palm Hills Developments
- Palm Hills Developments is a leading real estate company in the Egyptian market, primarily developing integrated residential, commercial real estate and resort projects. Founded in 2005 by Mansour and Maghraby Investment and Development Company [MMID], the company which is listed on the Egyptian Stock Exchange and London Stock Exchange, traded under the symbols “PHDC.CA” and “PHDC.LI” respectively, was the result of a vision to create self-sufficient and well integrated communities.
- Presently Palm Hills Developments possesses one of the largest land banks in the country and is rapidly growing into a regional player, thanks to a geographically diversified land bank suitable for the development of a broad range of real estate products all fashioned to cater for customers’ need gaps and preferences.
- Currently, Palm Hills Developments has a portfolio of 26 projects spanning different development stages nationwide, and spreading over 27 million square meters [sqm] in Egypt, including 5 million sqm in which is held for sale in Saudi Arabia. The Company’s product offering includes primary homes on both West Cairo and East Cairo, as well as second homes by the Mediterranean Sea [North Coast].
- The land bank includes 757,000 sqm of land earmarked for Commercial/Retail developments, with ambitions to have such properties contribute around 25% of the Company’s consolidated Net Income by 2020.
Badya Palm Hills