This archive report was first published on 22 October 2019.
On October 22, 2019, Tilisi Development announced plans to invest Sh3.48 billion in a luxury residential project on Waiyaki Way, with the first phase set to be completed by October 2021.
The project, being implemented by Kashyap Enterprises Ltd, will feature 186 high-end villas on a 41-acre plot, with the first 26 units worth Sh520 million expected to be completed by October 2021.
Tilisi Developments Plc co-CEO Kavit Shah stated that the finances for the project had been internally generated, with house and landscaping designs already approved.
The project will be divided into nine clusters, each accommodating 15 to 30 villas, as well as a clubhouse on a secluded two-acre portion complete with recreation spaces and jogging tracks.
“Tilisi is concentrating on creating a green and natural environment, for wellness and an enviable experiential lifestyle literally not possible in Kilimani, Westlands, or even in Gigiri. But it creates an entirely different kind of life for our future residents,” said Tilisi joint chief executive Ranee Nanji.
