…as Mt Kenya Holidays Homes opens show house and plans to host first tenant this Christmas.The agricultural economy founded, Nyeri County, is now one of Kenya’s most preferred real estate investment destination with more than eight multibillion projects, now underway, it has been revealed.According to Nyeri County Governor, Nderitu Gachagua, the county has emerged as an attractive real estate investment destination with major projects such as hotels, adventure parks, golf courses and residential estates now at various stages of development.

 In a speech delivered on his behalf by the County Minister for Lands, housing, Roads and Public Works, Mr. John Maina at the Kshs 5Billion Mt Kenya Holiday Homes open day, Gachagua confirmed that the County Government has lined up a basket of incentives for real estate developers to spur further development. 

While describing the Mt Kenya Holiday Homes project as a landmark development, the property located in Naro Moru, near Nanyuki town, he noted will soon be playing a key role in delivering the county government’s tourism vision along the popular Mt. Kenya/Laikipia tourism circuit.

“We have invested heavily in ensuring the comfort of our investors who are in turn expected to provide jobs and market for our produce,” Gachagua said. “Here at the landmark, Mt Kenya Holiday homes, besides creating jobs, our youth are now enjoying specialized skills transfer in golf course construction methods,” He added.

During the event that was also graced by Kieni MP Kanini Keega and Nairobi Regional Coordinator Njoroge Ndirangu, Mt Kenya Holiday Homes developers confirmed that the project is proceeding on schedule with plans to host its first tenants this Christmas.

The project which broke ground mid last year, is centred on a collection of 95 holiday homes each on half acre and a 9-hole golf course. In addition, it features a club house and other facilities for home owners & guests, including grounds for events; ranging from destination weddings to conferences, golf tournaments and more. The first phase of the development sold out. Phase two is over 25% sold. 

Speaking at the function, Reginald Okumu, the Project Manager, disclosed that at the current project execution pace, the new development around the Mt. Kenya/Laikipia tourism circuit, will open doors for patronage by both domestic and international tourists in 2015. 

The project, Okumu added, is being undertaken through a unique build and transfer model to lock out speculators while guaranteeing investors maximum returns accruing from joint property development economies of scale, in addition to rental income. Investors may buy homes for rental purposes or own exclusive use. 

The lifestyle activities include golf, gym, spa, swimming, nature trail, excursions to Mt. Kenya, picnic and a bush spa in the wooded forest. The course is an executive 9-hole that will challenge players mainly due to the wind factor. It’s been built exclusively using community labour. The club house and recreation centre will complement the lifestyle activities to offer a wholesome experience. The location of the development affords great views of both Mt. Kenya & the Aberdare Ranges, and convenient access to a variety of tourist sites and activities including climbing Mt. Kenya itself.

The integrated project, is founded on sound environmental conservation practices and will also feature a helipad, solar water heating & street lighting, solar-powered perimeter fence, rain water harvesting, and water recycling. The conserved forest area hosts over 100 species of birds and animals including gazelles. 

Ends

Nyeri County scores big with 8 major real estate development projects now underway

…as Mt Kenya Holidays Homes opens show house and plans to host first tenant this Christmas 

The agricultural economy founded, Nyeri County, is now one of Kenya’s most preferred real estate investment destination with more than eight multibillion projects, now underway, it has been revealed.

According to Nyeri County Governor, Nderitu Gachagua, the county has emerged as an attractive real estate investment destination with major projects such as hotels, adventure parks, golf courses and residential estates now at various stages of development.

In a speech delivered on his behalf by the County Minister for Lands, housing, Roads and Public Works, Mr. John Maina at the Kshs 5Billion Mt Kenya Holiday Homes open day, Gachagua confirmed that the County Government has lined up a basket of incentives for real estate developers to spur further development. 

While describing the Mt Kenya Holiday Homes project as a landmark development, the property located in Naro Moru, near Nanyuki town, he noted will soon be playing a key role in delivering the county government’s tourism vision along the popular Mt. Kenya/Laikipia tourism circuit.

“We have invested heavily in ensuring the comfort of our investors who are in turn expected to provide jobs and market for our produce,” Gachagua said. “Here at the landmark, Mt Kenya Holiday homes, besides creating jobs, our youth are now enjoying specialized skills transfer in golf course construction methods,” He added.

During the event that was also graced by Kieni MP Kanini Keega and Nairobi Regional Coordinator Njoroge Ndirangu, Mt Kenya Holiday Homes developers confirmed that the project is proceeding on schedule with plans to host its first tenants this Christmas.

The project which broke ground mid last year, is centred on a collection of 95 holiday homes each on half acre and a 9-hole golf course. In addition, it features a club house and other facilities for home owners & guests, including grounds for events; ranging from destination weddings to conferences, golf tournaments and more. The first phase of the development sold out. Phase two is over 25% sold.

Speaking at the function, Reginald Okumu, the Project Manager, disclosed that at the current project execution pace, the new development around the Mt. Kenya/Laikipia tourism circuit, will open doors for patronage by both domestic and international tourists in 2015. 

The project, Okumu added, is being undertaken through a unique build and transfer model to lock out speculators while guaranteeing investors maximum returns accruing from joint property development economies of scale, in addition to rental income. Investors may buy homes for rental purposes or own exclusive use. 

The lifestyle activities include golf, gym, spa, swimming, nature trail, excursions to Mt. Kenya, picnic and a bush spa in the wooded forest. The course is an executive 9-hole that will challenge players mainly due to the wind factor. It’s been built exclusively using community labour. The club house and recreation centre will complement the lifestyle activities to offer a wholesome experience. The location of the development affords great views of both Mt. Kenya & the Aberdare Ranges, and convenient access to a variety of tourist sites and activities including climbing Mt. Kenya itself.

The integrated project, is founded on sound environmental conservation practices and will also feature a helipad, solar water heating & street lighting, solar-powered perimeter fence, rain water harvesting, and water recycling. The conserved forest area hosts over 100 species of birds and animals including gazelles. 

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