Key Information About Grand Plaza Developments Grand Plaza Developments operates in the Egyptian...
Key Information About Grand Plaza Developments
Grand Plaza Developments operates in the Egyptian real estate market with a portfolio clearly concentrated in East Cairo, particularly New Cairo, Fifth Settlement, and Mostakbal City. Founded by Engineer Sherif Farouk Othman, the company has moved into residential, commercial, administrative, medical, and hospitality development. Its identity is therefore linked more closely to a diverse mix of uses within a focused geographic area than to expansion across numerous cities.
Grand Plaza Developments has four main projects specifically identified in the available data. These include La Mirada Mostakbal City, covering 77 acres, La Mirada Fifth Settlement, covering 22 acres, La Mirada Plaza, extending over approximately 3,850 square metres, and Grand Plaza Hotel. Confirmed figures for the company’s total capital and overall investment volume have not been published in the available sources.
The competitive position of Grand Plaza Developments is linked to site selection and product diversification rather than dependence on a single project. Its activities cover residential, investment, commercial, administrative, and medical property, alongside attention to landscaping, design, and handover schedules. The available information explains the company’s development approach clearly, although it does not provide sufficient figures on delivered units or actual construction progress.
About Grand Plaza Developments
Grand Plaza Developments was founded by Engineer Sherif Farouk Othman, although the analysed sources do not specify the company’s year of establishment. Its known presence is concentrated across three connected areas: New Cairo, Fifth Settlement, and Mostakbal City, with four main projects explicitly mentioned in the available content.
History of Grand Plaza Developments and Its Growth
Grand Plaza Developments began its journey under the leadership of its founder, Engineer Sherif Farouk Othman. Its portfolio later expanded through La Mirada projects in New Cairo and Mostakbal City, alongside commercial and hospitality activity. The sources do not provide launch dates for each project or a chronological timeline of the company’s development. The available data instead shows expansion across several real estate sectors while maintaining a clear focus on East Cairo.
Vision and Mission of Grand Plaza Developments
Grand Plaza Developments focuses on creating communities that address residential, workplace, and investment needs, while selecting locations close to major roads and services and paying attention to design, quality, landscaping, and unit diversity. The company also places commitment to handover schedules within its stated development approach, although assessing that commitment numerically would require verified data about completed projects and their actual delivery dates.
The achievements that can be confirmed from the available information are limited to its projects and development activity, as the sources do not mention specific awards or certifications granted to the company.
- The company has developed a stated portfolio of four main projects across residential, commercial, and hospitality sectors.
- Grand Plaza Developments has expanded across New Cairo and Mostakbal City while maintaining a clear geographic focus within East Cairo.
- The company has introduced residential, commercial, administrative, and medical units, broadening the customer segments it can address.
Grand Plaza Developments Projects
Grand Plaza Developments has four main projects specifically mentioned in the analysed data. The portfolio covers residential, commercial, and hospitality development, with most of its activity concentrated in New Cairo and Mostakbal City.
- La Mirada Mostakbal City Compound.
- La Mirada New Cairo Compound.
- La Mirada Plaza Mall New Cairo.
- Grand Plaza Hotel Smouha.
