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Developer unveils Sh5.6bn Kisaju Plains Estate

This is a gated community of 800 homes on a 115-acre parcel of land adjacent to Kisaju View Park Estate.

Updated

Kisaju View Park estate.
A bungalow at Kisaju View Park estate. PHOTO | COURTESY

Low-cost housing developer Urbanis Africa has unveiled its second real estate development in Kajiado County, as it seeks to meet the rising demand for affordable housing in the country.

The firm has entered into a joint venture with a land owner to develop Kisaju Plains Estate – a gated community of 800 homes on a 115-acre parcel of land adjacent to Kisaju View Park Estate.

According to Wagane Diouf, the Urbanis Africa’s chief executive officer, the firm will invest Sh500 million in the joint venture that “will be an innovation in the real estate market in Kenya”.

Under the development, prospective home-buyers will purchase one-eighth acre plots with ready titles at a starting price of Sh420,000 per plot. They will then choose one of the four options of pre-approved plans and enter a construction programme.

The options are 3-bedroom executive bungalow, 3-bedroom townhouse, 4-bedroom townhouse and 4-bedroom townhouse with staff quarters.

“The houses will be ready for occupation within 18 months. Urbanis Africa will handle the design and construction of the houses through its subsidiary, Urbanis Studio and Urbanis Construction,” Diouf said adding that the approach offers low entry price and ample time to build a house.

Urbanis’ financing advisory unit Financing Solution Point will guide home-buyers on financing, according to the firm’s head of sales and marketing Cathy Warega.

Urbanis Africa is currently managing several affordable housing developments, including the Sh5 billion Kisaju View Park – a mixed income community targeting 2,000 homes and 1,164 commercial units in Kisaju area of Kajiado County.

Danson Kagai is a skilled architect with a degree from the University of Nairobi. He has a wealth of experience in covering mega projects in Kenya, and is passionate about the built environment.