TG Developments is an Egyptian joint stock real estate development and investment company owned by Mr. Ashraf Tahoon. Its official profile states that it draws on more than 20 years of experience, while the company’s corporate LinkedIn profile records a founding year of 2008.
The company currently invests in residential and commercial development across New Cairo and El Shorouk. Its stated mission focuses on self-sufficient communities combining design and execution quality with residential and investment requirements.
TG Developments Projects
Palm Capital El Shorouk
Palm Capital is a residential project in El Shorouk located directly on Gamal Abdel Nasser Axis. According to Invest-Gate coverage, the project spans 18 feddans and comprises 24 residential buildings and a commercial-administrative zone over 11,000 square metres, with construction exceeding 60% in June 2025.
Palm Island El Shorouk
Palm Island is a residential project on Suez Road opposite Madinaty Gate 3. Published coverage describes a 12-feddan development with units beginning at 80 square metres, designed by HAFEZ CONSULTANTS and managed by A PLUS.
Palm East New Cairo
Palm East is TG’s newly introduced development in South Investors Area, New Cairo, minutes from AUC and Waterway. Reporting identifies residential units beginning at 90 square metres and a hospitality component to be operated by Hilton.
TG’s Development Focus
The developer’s projects span El Shorouk and New Cairo, combining residential development with commercial and service elements. Buyers should assess construction progress, management quality and operation in addition to reviewing permits, specifications and contractual schedules.
Before Purchasing from TG
- Review project licences, land ownership and approved plans.
- Confirm finishing, handover, facilities and management details.
- Compare payment terms, maintenance costs and pricing with nearby projects.
- Request independent legal review before reservation.
Frequently Asked Questions
When was TG Developments founded?
The company’s corporate LinkedIn profile records its founding year as 2008.
Who owns TG Developments?
The official website identifies Mr. Ashraf Tahoon as the owner.
What are TG’s principal current projects?
They include Palm Capital and Palm Island in El Shorouk and Palm East in New Cairo.