The Grit Properties RATIO Project has officially been unveiled as the company’s
first major development in Egypt, representing a strategic milestone backed by a
substantial EGP 6 billion investment plan. The launch event attracted leading business
figures, policymakers, and media representatives, signaling strong market confidence in the
company’s new direction.
From the first moments of the announcement, the Grit Properties RATIO Project
stood out as a central talking point in the evolving landscape of New Cairo real estate
development, reinforcing the region’s position as one of Egypt’s fastest-growing urban hubs.
A Strategic Entry Backed by Egypt’s Expanding Real Estate Landscape
Chairman Eng. Mohamed Hassan emphasized during the press conference that Egypt
is witnessing unprecedented momentum in urban expansion.
He noted that the government’s focus on sustainable development and improved quality
of life is driving new opportunities for developers capable of delivering innovative, future-ready
projects.
Hassan stated:
“The RATIO Project is a significant first step for Grit Properties in the Egyptian market.
Our vision is to establish ourselves among the new generation of developers committed
to innovation, efficiency, and global standards.”
According to Hassan, the company is currently evaluating several additional investment
opportunities aimed at expanding its portfolio in East Cairo.
This strategy aligns with Grit Properties’ plan to deliver projects that combine
high quality, precise planning, and on-schedule delivery.
The repeated emphasis on the Grit Properties RATIO Project underlines its role as
a core pillar of the company’s long-term strategy.
Project Overview: A Mixed-Use Development in a Prime Location
RATIO Project Location and Land Area
CEO Eng. Haytham Hassan revealed that the Grit Properties RATIO Project
spans 13,000 sqm and is directly situated on South 90th Street, opposite
Hyde Park—one of New Cairo’s most strategic and high-visibility locations.
Mixed-Use Components
Designed as a modern mixed-use development, the project incorporates:
Commercial units
Administrative units
Medical units
Unit spaces range from 45 to 200 sqm, offering flexibility for businesses of varying sizes.
Architectural Vision and Construction Timeline
The RATIO Project consists of:
Two basement levels
Ground floor
Five upper floors
Construction is scheduled to begin within one year, with delivery planned in 3.5 years.
Only 30% of the project area will be released in the first phase, following a phased
sales strategy designed to balance construction progress with financial stability.
Grit Properties has partnered with Mimar Architecture & Engineering and AVA as
its general consultant, ensuring meticulous execution and adherence to international standards.
Flexible Payment Plans and Sales Targets
To attract investors and end-users, Grit Properties is offering payment plans with:
10% down payment
Installments up to 7 years
The company aims to achieve EGP 2 billion in contractual sales by 2026, supported
by both market demand and the strong interest shown during the project’s launch.
Public Reception and Market Impact
The launch event received significant positive feedback from industry leaders, analysts, and
journalists, many of whom highlighted the strategic importance of the
Grit Properties RATIO Project in shaping future investment directions in New Cairo.
Attendees praised the company’s clear market vision, its financially grounded strategy,
and the high standards integrated into the project’s planning and design.
