This archive report was first published on 29 June 2021.
On the back of a successful counter-cyclical strategy, Maisha Developments has launched a new phase of its Tilisi master-planned development in outer Nairobi, with the groundbreaking of 259 apartments. The development comes as other Nairobi developers announce plans to postpone new builds.
The apartments, which will be completed within two years, are part of phase one of the Maisha Mapya and Maisha Makao schemes, which will offer nearly 600 apartments on completion. The two- and three-bedroom apartments are priced from Sh4.4m and come with a range of amenities, including gardens, swimming pools, gyms, sports courts, club houses, convenience shops, and private parking spaces.
According to Mr Kavit Shah, CEO of Maisha Developments, the apartments offer a new level of value for first-time and established buyers. "These two schemes offer a new level of value for first-time and more established buyers, with apartments that start at just Sh4.4m, but come with gardens, swimming pools, gyms, sports courts, club houses, convenience shops and private parking spaces. These kinds of features are never normally available in apartments in that price range," he said.
The apartments are set over 10 acres within the Tilisi development, which is characterised by parks and green spaces, jogging and cycling circuits, a school, shopping mall, and many acres of stand-alone villas. The development is located beside the junction of Waiyaki Way and the Southern ByPass.
Mr Shah noted that the current pandemic has favoured outer Nairobi, with more people working from home or working fewer days in offices, increasing the appeal of the lower costs and greater space beside the city's ring roads.
Maisha Developments is using front-end technology for the build, with the apartments constructed using aluminium foamwork, a relatively new technology in Kenyan construction but a key element in the green building movement.
Published on June 29, 2021 by Kenyan Business Feed.
