Wednesday, November 12, 2014

New Kisumu real estate to cost Kes.730M

A thrilling new estate is just about to shoot up in the precincts of Kisumu city; this will add more competition on estate like Milimani, Kenya-Re and Riat which are enjoying the highest prerogative of been the most posh and classy estates in Kisumu real estate sector. Kisumu is set to get a new estate dubbed Victoria estate, which will be constructed at an estimation of Kes.730 million.
This exciting new estate will be built on a land of 10 acres and will consist of 80 units of town house of three and four bedroom each. The estate will be a gated community comprising social amenities such as swimming pool, gymnasium, recreational facilities and commercial centers.
The developer of Victoria estate stated that they are targeting huge shortage of housing units in the lake side precinct. A commercial agency in Kisumu real estate industry said that the estate will be similar to residential development put up in Nairobi city.
The region is attracting more  kisumu real estate investors and home owners; this has been facilitated by the ongoing infrastructure projects like upgrading of Kisumu airport to Kisumu international airport and also by the Nyamasaria-Kisain bypass in Kondele market.
People should forget all the fuss about Machako and switch to Kisumu city which is doing splendidly in terms of buildings development and road construction.
With the high rate of development in Kisumu city and also being the logistical hub in the region, firms will not only expand their bases but also set up operations for the first time in Kisumu city

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