@StandardMedia

Gated community project near JKIA breaks ground expanding options for home seekers

7 days ago, 14:54

By: Ferdinand Mwongela ...

An upcoming Sh1.2 billion gated community in Katani area near the Jomo Kenyatta International Airport (JKIA) has broken ground.

Dubbed Lancet Village, the project that broke ground last week is expected to take approximately 24 to 30 months to complete. It is composed of 188 units of two and three-bedroom Apartments and four-bedroom maisonettes.

The 10-acre property, 10 minutes’ drive from JKIA and the Syokimau Railway Station, and 25 kilometres from Nairobi’s Central Business District, is being developed by staff members of medical laboratory services operator Lancet Kenya through their Housing Cooperative.

Chairperson of Lancet Housing Co-operative Society Patrick Were said 50 per cent of the units have been booked, with Lancet Laboratories Staff taking most of the units. The remaining have been opened up for sale to the public.

“The units are available to members of the public at discounted rates since they will be purchased off-Plan. The interest from the public so far has been significant judging from the inquiries we receive and we expect all the units to be bought in the near future,” he said.

He attributed the interest to the prime location of the property and expected increase in the property value due to infrastructural developments in the area, including the Standard Gauge Railway and the nearby Katani road currently under construction.

Lancet Kenya Labs CEO Dr Ahmed Kalebi called on housing cooperatives to enhance their efforts to provide their members and other Kenyans with affordable and quality homes through pooling and proper management of resources. Lancet’s Housing cooperative purchased the land in 2014 for development.

Two-bedroom apartments on the development are selling for Sh5 million, and three-bedroom units for Sh6.5 million. Four-bedroom maisonettes are going for Sh10.5 million.

The estate will have landscaped outdoor areas, private gardens, high perimeter walls with electric fencing, unlimited water supply through borehole, overhead steel water tanks and underground reservoir, stand-by backup electricity generators and recreational areas and play area for children.

It will also have a commercial area comprising of a mini-market, swimming pool, fitness centre, salon, barbershop, restaurant, bar and medical centre and kindergarten among other facilities. 


Read More


Category: business news

Suggested

1 hour ago
@TheStar - By: Cynthia Ilako @la ...
High commodity prices feared as Shilling slides against dollar

Prices of basic commodities are likely to shoot further as the shilling continues to plummet against the dollar. The shilling hit a high of Sh104.08 against the dollar at 10.40am yesterday, before the ...

Category: business news
3 hours ago, 20:54
@BusinessDaily - By: Nasibo Kabale
Miraa, mursik blamed for cancer cases

Taking hot tea while chewing miraa and frequent drinking of mursik (fermented milk) are the leading causes of cancer of the oesophagus or food pipe in Northern Kenya and Rift Valley respectively. ...

Category: business news lifestyle corporate
3 hours ago, 20:54
@BusinessDaily - By: John Mutua
KBL turns to Kakamega for more sorghum supply

Beer maker Kenya Breweries Limited is targeting farmers in Kakamega County as it seeks to increase local sorghum supply for its Sh15 billion Kisumu brewery. ...

Category: business news
2 hours ago, 21:39
@BusinessDaily - By: Annie Njanja
Safaricom eases Lipa na M-Pesa transactions

Safaricom has upgraded its Lipa na M-Pesa system to enable customers make faster and private cashless payments at more than 2,500 sales points. ...

Category: business opinion news markets
3 hours ago, 20:54
@BusinessDaily - By: Joseph Wangui
Timothy Njoya wants ‘step-mother’ evicted from 4-acre family

Retired PCEA cleric Timothy Njoya has filed evidence in a Nyeri court showing why a woman who claims to be his step-mother should be evicted from a four-acre parcel of land owned by his late father. ...

Category: business news
7 hours ago, 16:17
@BusinessDaily - By: Charles Gacheru
The shame that’s Captain, Chairman's prize events

At the end of every year, golf clubs across the country, perhaps the world, stage their Chairman’s and Captain’s Prizes. ...

Category: business opinion news

@StandardMedia

Gated community project near JKIA breaks ground expanding options for home seekers

7 days ago, 14:54

By: Ferdinand Mwongela ...

An upcoming Sh1.2 billion gated community in Katani area near the Jomo Kenyatta International Airport (JKIA) has broken ground.

Dubbed Lancet Village, the project that broke ground last week is expected to take approximately 24 to 30 months to complete. It is composed of 188 units of two and three-bedroom Apartments and four-bedroom maisonettes.

The 10-acre property, 10 minutes’ drive from JKIA and the Syokimau Railway Station, and 25 kilometres from Nairobi’s Central Business District, is being developed by staff members of medical laboratory services operator Lancet Kenya through their Housing Cooperative.

Chairperson of Lancet Housing Co-operative Society Patrick Were said 50 per cent of the units have been booked, with Lancet Laboratories Staff taking most of the units. The remaining have been opened up for sale to the public.

“The units are available to members of the public at discounted rates since they will be purchased off-Plan. The interest from the public so far has been significant judging from the inquiries we receive and we expect all the units to be bought in the near future,” he said.

He attributed the interest to the prime location of the property and expected increase in the property value due to infrastructural developments in the area, including the Standard Gauge Railway and the nearby Katani road currently under construction.

Lancet Kenya Labs CEO Dr Ahmed Kalebi called on housing cooperatives to enhance their efforts to provide their members and other Kenyans with affordable and quality homes through pooling and proper management of resources. Lancet’s Housing cooperative purchased the land in 2014 for development.

Two-bedroom apartments on the development are selling for Sh5 million, and three-bedroom units for Sh6.5 million. Four-bedroom maisonettes are going for Sh10.5 million.

The estate will have landscaped outdoor areas, private gardens, high perimeter walls with electric fencing, unlimited water supply through borehole, overhead steel water tanks and underground reservoir, stand-by backup electricity generators and recreational areas and play area for children.

It will also have a commercial area comprising of a mini-market, swimming pool, fitness centre, salon, barbershop, restaurant, bar and medical centre and kindergarten among other facilities. 


Read More

Category: business news

Suggested

1 hour ago
@TheStar - By: Cynthia Ilako @la ...
High commodity prices feared as Shilling slides against dollar

Prices of basic commodities are likely to shoot further as the shilling continues to plummet against the dollar. The shilling hit a high of Sh104.08 against the dollar at 10.40am yesterday, before the ...

Category: business news
3 hours ago, 20:54
@BusinessDaily - By: Nasibo Kabale
Miraa, mursik blamed for cancer cases

Taking hot tea while chewing miraa and frequent drinking of mursik (fermented milk) are the leading causes of cancer of the oesophagus or food pipe in Northern Kenya and Rift Valley respectively. ...

Category: business news lifestyle corporate
3 hours ago, 20:54
@BusinessDaily - By: John Mutua
KBL turns to Kakamega for more sorghum supply

Beer maker Kenya Breweries Limited is targeting farmers in Kakamega County as it seeks to increase local sorghum supply for its Sh15 billion Kisumu brewery. ...

Category: business news
2 hours ago, 21:39
@BusinessDaily - By: Annie Njanja
Safaricom eases Lipa na M-Pesa transactions

Safaricom has upgraded its Lipa na M-Pesa system to enable customers make faster and private cashless payments at more than 2,500 sales points. ...

Category: business opinion news markets
3 hours ago, 20:54
@BusinessDaily - By: Joseph Wangui
Timothy Njoya wants ‘step-mother’ evicted from 4-acre family

Retired PCEA cleric Timothy Njoya has filed evidence in a Nyeri court showing why a woman who claims to be his step-mother should be evicted from a four-acre parcel of land owned by his late father. ...

Category: business news
7 hours ago, 16:17
@BusinessDaily - By: Charles Gacheru
The shame that’s Captain, Chairman's prize events

At the end of every year, golf clubs across the country, perhaps the world, stage their Chairman’s and Captain’s Prizes. ...

Category: business opinion news
Our App