REAL ESTATE

Pangani tenants get two-year rent as relocation set to begin

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An elated Pangani resident displays a cheque of Ksh 600,000 issued by City Hall to enable tenants who will be relocated to pave was for construction of new affordable houses secure alternative accommodation for two years. Credit: Courtesy.
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The construction of 1,500 new affordable houses in Pangani estate is finally set to kick off after residents agreed to be relocated.

In a tweet after discussions with the the tenants, Nairobi Governor Mike Sonko revealed that once the project is concluded, they will all be allocated a new house, at Ksh 3 million each to be repaid over a 30-year period.

“In addition, my administration has issued to each of the 48 tenants a cheque of Sh600,000 as rent to wherever they’ll move to for the 2 year construction period,” he said.

This means they will be able to rent alternative house for themselves and their families at Ksh 25,00 rent per month.

The project is part of the Nairobi regeneration programme, which is earmarked to cover seven estates.

Others include Old and New Ngara, Jeevanjee, Suna Road, Ngong Road Phases one and two, Bachelors’ Quarters.

Initially, the county government wanted to construct 30-storey apartments but was forced to review its plan as Ngara, Pangani, Jevanjee and Bachelors quarters are on flight paths.

Sonko said in October last year that the county government might be forced to construct 14-storey buildings in the estates to avoid interference with the flight paths.

County Executive for Lands, Housing and Urban Planning, Charles Kerich also said the location of estates along flight paths was among the reason why the project had delayed.

City Hall has issued tenders to six firms, Technofin Kenya, Green Ederman Property, Green Prestik, Jabavu Village, Stanlib Kenya and Directline Assurance Limited, to undertake the multi-billion programme, which aims to construct more than 8,000 units across the city in two phases.

The Pangani tender was awarded to Technofin Kenya.  It will allot 40% of the units for sale at market rate and 60% as low cost housing.

Written by
BT Reporter

editor [at] businesstoday.co.ke

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