The houses are selling off-plan for between Sh9.25m and Sh10.5m.
The plant will produce prefab panels for commercial, industrial, and high-rise projects.
Prefabs reduce the time taken to build a house while lowering costs by up to 30 per cent.
The facility, which is located on Mombasa Road, is BASF's first chemical plant in East Africa.
The facility, which will constitute 3,300 solar panels, will generate 1,256MWh a year.
This technology also reduces period of home building from 12 months to six months.
The project is financed from the university's internal funds and donations.
Mr Pattni has been investing heavily in the city's land and property sector since January.
The property is expected to appeal to high net worth international buyers.
The government is building 4,120km of roads countrywide.