Hometown Developments has officially secured the ministerial decree for its residential project “Home Residence” located in New Cairo’s Sixth Settlement, marking a strategic milestone that enhances the project’s investment value and execution readiness
Diaa El-Din Farag, Chairman of Hometown Developments, stated that the ministerial approval reflects the strength of the project’s master planning and technical studies conducted منذ the early development phases. He emphasized that this step reinforces investor confidence and supports the company’s long-term relationship with its clients in one of East Cairo’s fastest-growing destinations
Farag added that the company is finalizing the remaining licensing procedures in preparation for launching the first construction phase, in line with a clearly defined execution schedule
Home Residence is positioned as a fully integrated residential development redefining modern living standards in the Sixth Settlement, an emerging extension of New Cairo witnessing structured urban expansion and increasing real estate demand
Strategically located, the project is just 3 minutes from South 90 Street, 4 minutes from the Middle Ring Road, 6 minutes from the New Administrative Capital, 9 minutes from Suez Road, and 25 minutes from Cairo International Airport
The master plan, developed in collaboration with Chapman Taylor, ensures smart space utilization, architectural excellence, privacy, and seamless community flow — positioning the project among the prominent investment opportunities in East Cairo