President Kenyatta meets MPs, COTU over affordable housing

President Uhuru Kenyatta Thursday met a bi-partisan group of parliament and labour leaders to discuss the road map towards the realisation of affordable housing, a key pillar in his Big Four development blueprint. In the...

Beneficiaries of affordable housing scheme to get 15pc tax relief

President Uhuru Kenyatta has signed into law a Bill creating a 15 percent tax relief for Kenyans buying houses under the Affordable Housing Scheme. The President signed an amendment to the Income Tax Act to...
Housing deficit

Acute housing deficit facing urban centers

Most urban centers are facing an acute housing deficit that has forced 60 percent of residents to seek accommodation in informal settlements. Housing and Urban Development Principal Secretary Aidah Munano says developers were constructing...

Chinese firm (CJI) mulls investing in Kenya’s real estate

By Eric Biegon in Jiangsu China China’s Jiangsu International Economic and Technical Cooperation Group (CJI) is seeking to expand its activities in Kenya to include real estate industry. The firm has been operating in Africa for...

Urithi Housing lauded for its contribution to Big4Agenda

Kiambu County Director of Co-operatives Peter Ndegwa has called for better management of housing co-operative societies in the Country. Ndegwa says societies should look after the welfare of their members to enhance development and growth. He...

Gov’t to sustain Kenya Informal settlements Improvement project

The second phase of the Kenya Informal settlements Improvement project (KISIP) will begin by the end of this year after the completion of the necessary planning and approvals. The project that will benefit selected informal...

Chamas encouraged to invest in real estate sector

By Nicholas Nduati Investment clubs popularly known as Chamas could benefit more if they shifted from their traditional purpose of saving money for sharing in a merry go round method to saving for investment in...

Kenya’s real estate contributes 7.5pc to the GDP

By Claire Wanja Kenya’s Real Estate Sector grew at 12 per cent between 2011 and 2015, contributing an average of 7.5 percent to Kenya’s GDP growth over the same period. And despite the relatively high lending...

Cytonn seeks partnership in real estate

By Ronald Owili Entrepreneurs in 10 counties across the country now have a chance to partner with Cytonn Investments in putting up real estate projects in these regions. This is through a Franchising model the...
Cytonn targets to put up 10,000 units in affordable housing plan

Cytonn targets to put up 10,000 units in affordable housing plan

Cytonn investment is targeting to put up 10,000 affordable housing units with the launch of its Cytonn Affordable Housing Investment Plan. The plan will see subscribers deposit up to 3 million shillings to access the...
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