This archive report was first published on 5 September 2019.
On September 5, 2019, Safaricom Investment Cooperative (SIC) announced the launch of Zaria Village, a new real estate project off the Kiambu-Ruiru bypass.
The project comprises 331 quarter-acre serviced plots, priced at Sh6.95 million each, catering to middle and upper middle-income earners, according to Safaricom Senior Manager-Strategy Peter Gichangi.
"What we want to do is help our customers live in a serene environment in which they can easily access their daily needs," Gichangi said.
Construction of the project will begin in the next six months, with clients able to start construction immediately after payment and receiving ready title deeds.
As a leading player in Kenya's real estate market, Safaricom has invested over Sh20 billion in its 129 real estate projects since entering the business about 10 years ago.
"We have seen tremendous population growth in Syokimau, Athi River, Kitengela, and Embakasi, driven by the growth of industries and businesses, including the Standard Gauge Railway station," said Special Chief Projects Safaricom Joe Ogutu.
