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Mountain View begins handover of ‘MV 1.1’ in New Cairo

DAILY NEWS EGYPT
May 3, 2026

Mountain View has commenced handover procedures for its “MV 1.1” project in New Cairo, less than four years after launch. The milestone follows a field visit by senior management to assess construction progress and readiness. The tour was led by Chairperson Amr Soliman, joined by Co-CEOs Wael Lotfy and Wael Ezz, and included inspections of MV 1.1 in the Fifth Settlement, Mountain View iCity in New Cairo, and Aliva in Mostakbal City. Representatives from contracting companies executing the projects were also present. Management reviewed final construction stages and the readiness of residential units and supporting services, noting that MV 1.1’s delivery timeline—completed in under four years—underscores the company’s focus on execution efficiency and adherence to planned schedules. Soliman emphasized that Mountain View continues to prioritize implementation efficiency across its developments, with MV 1.1 and iCity serving as examples of its ability to translate plans into completed residential communities within targeted timeframes. Ezz highlighted that the start of deliveries at MV 1.1, alongside ongoing progress at iCity, marks a key milestone that reinforces customer confidence and reflects the company’s commitment to meeting delivery obligations. Lotfy added that Mountain View is working to balance construction speed with quality standards, supported by close coordination between internal teams and contractors across execution phases. MV 1.1 spans approximately 127 feddans and includes more than 900 residential units—comprising villas, iVillas, and serviced apartments—alongside commercial and recreational facilities. The project is being delivered in a single phase, with final works nearing completion ahead of handover. The visit also covered Mountain View iCity, one of the company’s largest projects in New Cairo, extending over 500 feddans. The development features multiple residential zones, open spaces, and integrated services designed to support a comprehensive living environment. According to the company, such site visits form part of its ongoing monitoring approach to ensure compliance with construction timelines, technical specifications, and delivery plans across its portfolio in East Cairo and other new urban developments.The post Mountain View begins handover of ‘MV 1.1’ in New Cairo first appeared on Dailynewsegypt.

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