BUSINESSREAL ESTATE

Real Estate Firm To Build Houses For Its Land Buyers

Share
Mzizi Homes - Bill Bright Garden estate
Mzizi Africa Home has diversified from was just developing housing units with controlled designs.
Share

Mizizi Africa Homes has introduced a new concept where clients who buy land from it can have the plots developed with customized units.

The ‘Buy, We Build,’ model expands the real estate developer’s portfolio to include sale of fully serviced prime plots as it formally enters the gated and controlled community space.

 Mizizi Africa Homes CEO George Mburu said the new venture is in line with its goal of making it easier for most Kenyans to own modern and affordable homes.

 “Now you can buy a plot of land from us and let us build your customised house,’ Mr Mburu said. “We help you throughout the whole process. After buying a parcel of land from us, we assist you in site planning to when the house or investment is ready for occupation.”

The size of land ranges from 50ft by 100ft to a whole block, giving buyers  limitless control over the type of house, designs, amenities and features they need. For instance one can buy five plots or blocks of acres or add a private swimming pool, garden spaces and outdoor gazebos.

Previously, the real estate developer was just developing housing units with controlled designs, allowing users some room to customise interior designs.

With the new concept, the developer will arrange financing through partner banks and saccos using the land as collateral.

The firm’s first project under this plan is Bill Bright Garden estate in Diani that goes at an introductory offer of Ksh.1.25 million for an eighth of an acre.

Next Read >> Proposed KRA Link To M-Pesa Has Many Kenyans Worried

Written by
BT Reporter

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Shehryar Ali, senior vice president and country manager for East Africa and Indian Ocean Islands at Mastercard (left), and Saad Latif, Director of Commercial Operations at Flowcart, sign a strategic collaboration agreement to enable secure, seamless card payments within social and conversational commerce journeys across East Africa.
BUSINESS

Mastercard and Flowcart Partner to Power Secure Card Payments in East Africa

 Mastercard has entered a strategic collaboration with Flowcart to embed secure, seamless...

FirstRand
BUSINESS

FirstRand Seeks to Acquire a Bank in Kenya

FirstRand, a major player in South Africa’s banking business is seeking to...

NSE is in the red
FEATURED ARTICLE

NSE: Navigating the Current Market Cycle

The current correction at the Nairobi Securities Exchange(NSE) is not simply about...

1. Family Group Foundation Chair Dr. Francis Muraya and Kenya Forest Service Chief Conservator of Forests Alex Lemarkoko sign a partnership aimed at advancing Ngong Hills restoration through a one-million tree seedlings nursery project.
BUSINESS

Family Group partners with Kenya Forest Service in Tree Seedlings Nursery Project

The Family Group Foundation has partnered with the Kenya Forest Service (KFS)...