Govt Acquires 34 Acres to Build Multi-Million Houses

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Murang'a Governor Mwangi wa Iria speaking during a press conference
  • The government has already acquired a 34-acre piece of land on which a multi-million housing project is expected to be constructed.

    A report by The Standard on Sunday, January 24, indicated that the National Government and the County Government of Murang’a is set to build over 1,500 affordable units on the parcel of land.

    Part of the land is located at Kenol-Kabati, while the other piece is situated at Makenji along Nairobi-Nyeri highway.

    Murang’a Governor Mwangi wa Iria and Housing Principal Secretary Charles Hinga have already visited the sites earmarked for construction with the job expected to begin soon.

    Murang’a Governor Mwangi wa Iria speaking during a press conference
    Twitter

    The project is part of the affordable housing pledge President Uhuru Kenyatta made in 2013 under the Big 4 Agenda.

    So far, the national government and the Nairobi Metropolitan Services (NMS) have earmarked 10 estates in the city for the affordable housing programme.

    The targeted estates include Bahati, Maringo, Jericho, Lumumba, Bondeni, Ziwani Embakasi, California, Kariobangi North and Woodley Estate.

    The plan will be executed in phases, and will take advantage of the open spaces within the said estates to avoid evicting residents.

    “This is the second phase of the Affordable Housing Delivery Program in Nairobi which aims at tackling urban decline, improving quality of the built environment, increasing housing stock, promoting optimal utilization of land and improving the quality of social-economic life of the residents,†read the notice in part.

    NMS sought to partner with other development institutions including banks, pension funds and schemes, real estate developers and other investors to help achieve the plan.

    According to NMS, the allocation process for the houses will be done in a regular, fair and transparent system manner once completed.

    The Park Road program is the first development under the Affordable Housing Program. 

    This integrated human settlement project is located in the Ngara area. The houses include one-bedroom, two-bedroom and three-bedroom units which will go for Ksh1 million, Ksh2 million and Ksh3 million respectively.

    Prospective buyers have to pay for their units in installments but can negotiate their payment plans. They will, however, be required to pay a deposit of 12.5 percent of the unit’s cost upfront.

    An image of Charles Hinga
    Housing and Urban Development Principal Secretary Charles Hinga Mwaura appearing before the National Assembly Transport Committee.
    The Standard
  • Source: KENYAGIST.COM

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