Property developer, Mi Vida Homes, met with investors over the weekend at their iconic KEZA project in Riruta, Nairobi County as part of their strategic move to widen their customer base. as an investor encounter briefing that brought together individuals within and without the sector on April 6, 2024.
The purpose of the briefing which brought together investors and corporate organizations was to update them on the progress of the ongoing project as well as reassure them of the completion timelines that Mi Vida has set while adhering to the stipulated standards.
The uniqueness of KEZA emanates from the fact that it is an ideal project for investors looking for affordable and quality houses at a cost of Between 1.98 to Ksh 8 million shillings in a race to address Kenya’s housing deficit that currently stands at 250,000 units annually.
Key strategic partners who attended the event include NCBA Bank, Co-operative Bank of Kenya, Housing Finance, and KCB Group, whom the developer assured that the project would take exactly 20 months to be completed as earlier promised.
“We have always believed in giving our clients the best and this starts with honoring timelines, something we have a track record for. KEZA is a mixed-use development and is at the heart of what we believe in. This is because these kinds of projects and investments are becoming more attractive to tenants than stand-alone developments which offer superior returns. Furthermore, the modern homebuyer is more informed and wants value beyond the unit they purchase”, said `Samuel Kariuki, the CEO of Mi Vida Homes.
KEZA is a housing project comprising up to 1,100 affordable units with a mix of studio, one-, two-, and three-bedroom apartments. The demand for such houses has been on the rise as homeowners seek quality and affordable houses.