Edge Stone announces 80% construction completion of Moraya project

Edge Stone Urban Development has announced that construction progress for its residential project, Moraya, has reached approximately 80%. Located in the R8 residential district of Egypt's New Administrative Capital, the project is situated on 25.5 acres near the Green River and the South Bin Zayed Axis.

Tarek Zein, CEO of Edge Stone, stated that the advanced construction rates reflect the group's strategy of actual project execution and providing integrated real estate products. The development features a low building density, with only 18% of the total area dedicated to structures, while the remainder is allocated to green spaces, lakes, and various services.

The project aims to provide an integrated living experience through hotel-style services and modern technology, including a dedicated mobile application for owners. Amenities include a commercial mall, a social club, swimming pools, a gym, and medical clinics. Additionally, the company has partnered with The Joyinn brand for apartment management and leasing.