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IGI Developments

About IGI Developments

IGI Developments is a prominent Egyptian real estate developer, founded in 1994, and part of the IGI Holding / Sheta family which has roots going back to 1942. 

They were among the pioneers in introducing gated community living in Egypt, offering “California-style” residential compounds. IGI has more than 30 years of experience in designing and delivering residential, mixed-use, administrative, and commercial projects in both East and West Cairo and other growth areas.


 Vision & Mission

  • Vision: To remain a top choice for premium residential and mixed-use communities, offering sustainable developments with modern design.
  • Mission: To create world-class integrated communities that enhance residents’ lives—via innovative designs, quality construction, green and community-oriented lifestyle, reliable value, and by exceeding stakeholder expectations. 

 Investment Scale & Land Holdings

  • Land Bank / Land Holdings: IGI Developments holds a substantial land bank in strategic locations. One report says it has land for non-residential projects totaling about 350,000 square meters. They are planning new large land acquisitions (e.g. 540 feddans in New Sphinx City) for upcoming projects.
  • Investment / Contracts:
    • As of 2025, the company has signed construction contracts worth EGP 1.8 billion to speed up delivery of nearly 1,000 residential units across its projects.
    • They also launched an investment offer (“BuyBack 30%”) which promises a 30% return when clients resell units after two years. 

 Notable Projects

IGI Developments has many projects, some of the most recognized:

  • Gardenia Park and Gardenia Park II — early compounds in 6th of October City; family-friendly, green, gated community style.
  • Gardenia Springs — in New Cairo (Fifth Settlement), another high quality residential project.
  • Al Ashgar / Ashgar Heights — includes phases like Starla and Skyla. Mixed residential units, premium living, well-appointed amenities.
  • Ashgar City — a large integrated residential / mixed-use community in 6th of October, including “City Central” (offices, clinics, retail) as part of its portfolio.

 Why Choose IGI Developments?

  1. Long-standing track record & credibility — Over 30 years of delivering residences and compounds with consistent quality.
  2. Diverse offerings — From gated compounds to mixed-use communities, and commercial/administrative projects.
  3. Investment-friendly policies — Innovative offers like the 30% buy-back guarantee give buyers/investors more security.
  4. Strong infrastructure & acceleration commitment — Big contracts being signed so projects are delivered on schedule.
  5. Strategic land and location choices — Projects in 6th of October, New Sphinx City, etc., tapping into growth areas. 

Conclusion: IGI Developments is a major, trusted developer in Egypt. With decades of experience, a strong land portfolio, ambitious projects, innovative payment/investment guarantees, and a commitment to quality and sustainability, it’s a compelling choice both for homeowners and investors.

IGI Developments Projects

Ashgar Residence | Phase 1
Ashgar Heights | Skyla
Ashgar City | Garden Gate

MORE PROJECTS WITHIN THE SAME DISTRICT