At a Glance
- HDP launches $1 billion Grand Lane to capture rising demand in New Cairo housing.
- The project emphasizes green space, with just 13% built-up land across 98 feddans.
- Flexible payment plans target premium buyers seeking long-term affordability.
Housing and Development Properties (HDP), one of Egypt’s leading real estate developers, is doubling down on New Cairo’s fast-growing housing market with the launch of Grand Lane, a $1 billion mixed-use residential development aimed at buyers seeking premium living within Egypt’s new urban communities.
The project spans 98 feddans in New Cairo, a district that has become a magnet for residential investment, driven by infrastructure expansion, rising demand for gated communities, and proximity to the New Administrative Capital.
HDP said only 13% of the land will be built up, with the remaining 87% dedicated to green spaces, walkways, and community amenities—a layout increasingly favored by homebuyers and urban planners.
A green-first master plan
At the heart of Grand Lane is a 1.7-kilometer landscaped green corridor, known as the Green Spine, designed to improve walkability and connect residential zones with commercial and recreational areas. Nearly 80% of units overlook open views or water features, which span about 5,200 square meters across the development.
The master plan includes retail areas, a social club, recreational facilities, swimming pools, underground parking, and pedestrian-friendly pathways—positioning the project as a self-contained residential community rather than a traditional housing compound.
Diverse housing options, flexible payment plans
Grand Lane offers a broad mix of unit types targeting different buyer segments. Apartments range from 68 to 195 square meters, with one- to three-bedroom layouts. Townhouses measure between 169 and 203 square meters, while standalone villas range from 235 to 251 square meters.
To support affordability and sales momentum, HDP is offering launch-phase payment plans starting at a 5% down payment, with installment periods extending up to 14 years—a structure aligned with current buyer preferences in Egypt’s residential property market.
International design, local execution
HDP has partnered with OBMI, a U.S.-based architecture and urban planning firm, alongside DMA for Design and Engineering Consultancy, to deliver the master plan in line with international sustainability and design standards.
Amgad Hassanien, the company’s chairman said the project reflects HDP’s strategy of developing integrated communities that elevate quality of life through thoughtful planning and long-term livability.
CEO Hossam Eissa added that Grand Lane is designed to balance residential living with daily services and expansive open spaces within a cohesive urban framework.
Expanding HDP’s residential footprint
Under the leadership of Amgad Hassanien, HDP has accelerated its push into high-quality residential developments since 2022, leveraging a younger management team and contemporary design concepts.
Backed by the Housing and Development Bank’s four-decade legacy, HDP operates as its real estate investment and development arm, aiming to make modern urban living accessible across multiple market segments while reinforcing its position in Egypt’s evolving property landscape.
