Laverde (branded as “La Verde”) is a relatively young developer, founded in 2017. It was among the first to invest in Egypt’s new administrative capital (NAC) and launched two large projects there (La Verde New Capital on ~35 feddans and La Verde Casette on ~55 feddans). However, as of 2025 it has not fully delivered a project. Initial unit handovers were only expected in late 2023, indicating a short track record with no completed compounds yet.

There have been signs of financial strain. In mid-2021, reports emerged that Laverde had fallen behind on land payments to the NAC authorities by over EGP 200 million. This arrears raised concerns about its liquidity and commitment. The company claims to have diversified investments and strong sales (even exporting 50% of units abroad), but the earlier payment delinquency is a red flag.

Laverde markets itself as a luxury developer focused on high quality, sustainable designs and “breathable” green spaces. Its projects feature modern architecture and amenities, and the developer publicly commits to delivering “distinguished product of the highest quality”. However, since no project has been fully delivered to residents yet, actual build quality and post-handover customer satisfaction remain unverified.

Laverde faced regulatory issues in the NAC. In 2021, it was reported the company did not initially meet some NAC development requirements – it delayed obtaining the required ministerial approval and even sold units not officially approved in the master plan. These violations prompted the Administrative Capital for Urban Development (ACUD) to threaten cancellation of its land allocation. While Laverde appears to have since resolved the issues and continued construction, the episode raises concerns about its regulatory compliance and risk management.

Because Laverde’s projects are still under construction, buyers have faced long waiting periods. Some early customers and brokers reported loss of confidence in 2021 after visiting the project site and finding little progress. One real estate agent recounted how his client walked away upon learning that Laverde’s project had major payment overdue to ACUD, eroding trust. To date, there is no record of delivered homes or after-sales service to evaluate; the known experience has been uncertainty and delays.

Laverde markets itself as an emerging “leading real estate company” with a bold vision, and it gained some positive press for ambitious plans in the New Capital. However, within industry circles its reputation has been marred by the 2021 payment scandal and construction delays. News of its financial and regulatory troubles became public, likely making investors and buyers cautious. Laverde is not yet a well-established name in Egypt’s real estate market, aside from its association with the New Capital projects.

Laverde does emphasize innovation and green living in its plans. The company dedicates a high percentage of project land to green space (80% of La Verde New Capital is green area) and integrates “clean energy and sustainability” features in design. It also touts using smart 4G technologies in its communities. These commitments suggest a modern, sustainability-minded approach on paper. The true implementation of these innovations will be proven once projects are completed. At present, Laverde’s sustainability efforts are mostly in the planning/construction phase, with no finished projects to showcase tangible results.