This archive report was first published on 24 August 2020.
Published on August 24, 2020, Radheshyam Transport, a go-down and general construction company, is expanding its portfolio by investing Sh1 billion in a 424-unit residential development in Nairobi's Donholm area.
The three-year project, situated on a 17.2-acre parcel of land, will feature 256 standalone maisonettes targeting middle-income earners.
Regulatory filings with the National Environment Management Authority (Nema) reveal that the firm has allocated land for affordable housing development, comprising two blocks with seven floors each, accommodating 168 apartments.
The development will include a commercial shopping complex, a recreational area, and a kindergarten.
Nairobi's Eastlands has become a hub for developers, driven by the area's improved accessibility due to the construction of key road arteries, including the expansion of the Outering Road.
via businessdaily
