Added Value Group

Articles


Construction of Pangani affordable houses begins as contractor moves to site

After several months’ delay, the construction of another affordable homes project has now begun. The building of 1,534 residential units along Racecourse Road in Pangani, Nairobi, is now underway after the contractor moved to the site on Tuesday.

Details

Uhuru launches UN-funded affordable housing project

“Kenya falls short of decent affordable houses by international parameters, but my administration is focused to partner with the private sector to address the problem. Low-cost houses should not be translated to mean cheap substandard houses but quality houses for our people,’” the President said.

Details

Housing Finance Group to finance potential Pangani buyers

Housing Finance Group has sealed a deal with real estate developer Technofin Kenya Limited to help prospective investors purchase Nairobi County affordable housing units at Pangani.

Details

Safaricom Investment Co-operative Unveils The Zaria Village

Safaricom Investment Co-operative (SIC) has launched The Zaria Village, a gated family-oriented real estate project. Located in Kiambu County, with close proximity to shopping malls such as the Thika Road Mall, International schools and state of the heart hospitals, The Zaria village occupies 124 acres of land, subdivided into 331 plots, each ¼ of an acre.

Details

Uhuru seeks UN help to realise affordable housing agenda

According to the President, many societies are ill prepared to plan for rapid urbanisation. • He said there is a great need for all the 36 member states to exchange ideas and best practices that will deliver practical solutions for cities and human settlement.

Details

Sonko rolls out Sh7bn affordable homes plan

The project will see construction of 3,000 units comprising eight blocks of 34 storeys for low and middle income earners. The project is set to be completed in less than one and a half years.

Details

World Bank approves Sh25bn loan for affordable housing

The loan is expected to provide a silver lining for the Jubilee government’s Affordable Housing project, which has been rocked by controversy due to poor public buy-in. The project will be implemented through the Kenya Mortgage Refinance Corporation, the National Treasury and the Lands ministry. KMRC intends to drive the affordability of mortgages by providing more long-term funding to financial institutions, an incentive to enable them offer long tenure loans to homebuyers.

Details

Uhuru’s low-cost housing to cost Sh600,000 to Sh3 million

Individuals seeking to finance their own home mortgages will be allocated 300,000 units in the proposed housing programme by the state.

Details