Safaricom Investment Cooperative (SIC) has announced the launch of a new real estate project dubbed Zaria Village.
Zaria Village, which will be built off Kiambu-Ruiru bypass, comprises 331 quarter-acre serviced plots that will go for Sh6.95 million each.
The project targets middle and upper middle-income earners, Safaricom Senior Manager-Strategy Peter Gichangi says.
“What we want to do is help our customers live in a serene environment in which they can easily access their daily needs,” said Gichangi.
He further noted that the construction process will be starting immediately a client pays and the plots have ready title deeds. Construction of the project will begin in the next six months.
Safaricom has built houses in Rongai, Machakos and other areas since it entered real estate business about 10 years ago. The telecommunications company has invested more than Sh20 billion in its 129 real estate projects.
“We have seen tremendous population growth in Syokimau, Athi River, Kitengela and even Embakasi. More industries and businesses continue to come up here in line with our growing economy, most notably, the Standard Gauge Railway station. As the population of these regions continues to grow, and as our children grow, there will be demand for sustainable living, recreational and working spaces,” said Special Chief Projects Safaricom Joe Ogutu.