Nile Stone Urban Projects in Egypt

About Nile Stone Urban

Nile Stone Urban is run by a young management team led by chairman Eng. Mohamed Nasser, with co-founder Mohamed Shafik and board member Ahmed Selim. For now the company focuses on one area, Hadayek October, where it offers residential and commercial projects with unit sizes starting small.

What to know about buying in Hadayek October

Hadayek October draws many buyers because prices are lower than in 6th of October and Sheikh Zayed, and many developers there offer long payment plans. Nile Stone Urban itself mentions installments of up to 10 years on some offers. That is convenient, but remember a long plan usually means a higher total price, so calculate the full amount, not just the monthly installment.

The area is still developing, so ask what services exist around the project today: transport, schools, hospitals and shops. Most importantly, confirm the status of utilities on the plot itself, including water, power and sewage.

Since the company is early in its track record, verify the project's license and ministerial decree yourself and visit the site to see construction progress. With any Nile Stone Urban project in Egypt, read the delay clause and maintenance deposit carefully before signing.