MBG Development targets EGP 1 bn phase one sales of Pukka New Capital

Real estate developer MBG is targeting EGP 1 bn in sales revenues over the next three months from phase one of its Pukka New Capital project, Chairman Mahmoud El Adl tells Al Shorouk. The EGP 4 bn residential project is built over 50 feddans and will be completed in four years, according to El Adl.