City hous­ing de­vel­oper to build 3-block apart­ments

Business Daily (Kenya) - - MONEY & MARKETS - James Kar­iuki kar­­tion­

The Nairobi county gov­ern­ment has al­lowed con­struc­tion of a three­block 12-storey project com­pris­ing 216 hous­ing units on King’ara Road, near the Junc­tion Mall.

The Sh1.2 bil­lion project by New­court Com­pany will com­prise three blocks of 12storey apart­ments pro­vid­ing two and three-bed­roomed self-con­tained houses as well as four-bed­roomed suites, each boast­ing a de­tached ser­vant quar­ter. The prop­erty tar­get­ting mid­dle and high-in­come earn­ers pro­vides 318 park­ing slots on its up­per and lower base­ment floors as well as ground and lower ground floors, with an ex­tra room for a full-time guard.

An en­vi­ron­men­tal im­pact as­sess­ment study re­port sent to the Na­tional En­vi­ron­men­tal Man­age­ment Author­ity (Nema) sup­port­ing the project shows blocks A and B will have eight units on each floor with two and three-bed­roomed houses.

The study said the devel­op­ment would bridge hous­ing deficit through ef­fi­cient use of land where sin­gle dwelling houses were de­mol­ished.

Twin block D and E will com­prise two and three-bed­roomed units while block C will have two units of four-bed­rooms.

Sin­gle dwelling houses were de­mol­ished and re­placed with high-rise build­ings


PROP­ERTY A new hous­ing devel­op­ment..

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