About Cornerstone Development
Cornerstone Development is an Egyptian real estate company established in 2019, led by Eng. Ashraf Boulos as CEO. Despite being a relatively young developer, Cornerstone has quickly built a strong reputation for its high-quality projects, innovative designs, and customer-focused approach. The company focuses on creating contemporary communities that integrate modern living, sustainability, and urban elegance.
Vision & Mission
Vision:
To create vibrant, sustainable, and human-centered communities that redefine modern living in Egypt and the region.
Mission:
To design and develop exceptional spaces that reconnect people with their communities through smart design, advanced technology, and thoughtful urban planning — ensuring quality, comfort, and long-term value for residents and investors alike.
Investment Scale & Land Holdings
- Authorized Capital: Approximately EGP 600 million.
- Total Land Portfolio: Over 250 acres across New Cairo and the New Administrative Capital.
Iconic Projects
- The Curve – New Administrative Capital (R8, I6):
A residential development spanning around 100,000 sqm with 540 premium units including apartments, duplexes, and penthouses, across 15 mid-rise buildings. The project focuses on spacious layouts, smart features, and green spaces. - RED – Mostakbal City:
A luxury residential community featuring villas, townhouses, and duplexes surrounded by expansive landscapes, with a low construction footprint to maximize open areas and greenery. - The Terraces – New Administrative Capital:
A new mixed-use commercial and administrative project that includes offices, retail units, and clinics, designed with sustainability and energy efficiency in mind.
Why Choose Cornerstone Development?
- Innovative & Sustainable Design: Collaborates with top-tier consultants to deliver projects with unique architecture and smart urban concepts.
- Prime Locations: Strategically located in Egypt’s fastest-growing cities — the New Administrative Capital and Mostakbal City.
- Low-Density Living: Focused on maximizing green and open spaces for a better quality of life.
- Flexible Payment Plans: Offers attractive and customer-friendly financial options tailored to various buyer segments.
- Timely Delivery & Reliability: Committed to high construction standards and on-time project completion.
Ownership & Partnerships
Cornerstone Development is a privately-owned Egyptian company led by Eng. Ashraf Boulos, with partnerships involving reputable local consultants and design firms. The company’s growth is driven by strong financial foundations and a forward-looking vision to establish a solid presence among Egypt’s top-tier real estate developers.
Conclusion
With a clear vision, innovative projects, and customer-centric values, Cornerstone Development stands as a dynamic and trustworthy real estate developer that is shaping the future of modern communities in Egypt.
