ERG Developments Projects in Egypt

About ERG Developments

ERG Developments was formed through the merger of four companies already active in the sector and is led by Mr. Mohamed Rizk, with the company citing more than 20 years of combined experience. What sets its portfolio apart is that it runs two tracks at once: residential compounds in New Cairo, and towers with office, retail, medical and hotel units in the New Administrative Capital.

Its portfolio also includes the Rite compound in the New Capital.

A home in New Cairo or an investment in the Capital?

Answer one question before calling sales: do you want to live there or earn a return? If you plan to live there, compare Livair, Linwood and Eelaf on plot size and built-up ratio, distance to North or South 90th Street, and the finishing level stated in the contract. Ask to see the master plan and where your building sits relative to services and gates.

If you are considering a unit in Monorail Tower or Diamond Tower, base your numbers on current New Capital rents rather than brochure figures, and ask who will manage the tower and collect service charges. Since this developer has several projects under construction at once, compare progress on each site with the announced handover dates and read the late-delivery clause before you sign.