If you believe that Machakos County is fast growing County
with high chances of buildings and constructions of skyscrapers and roads
throughout the country then am very sorry to disagree with you hence I’ll
advise you to just have a look at Kisumu County.
Just less than a decade ago, most developing and developed
areas in Kisumu County now were completely unique places. Majority of these
places were bushes, shrugs, cemeteries and even abandoned places.
In particular, ten years back places like Lolwe estate, Polyview
estate, Riat estate, Translakes estate, Ogango environs etc these entire places
were bushes and shrubs with scattered semi-permanent structures on them.
However if you have a look these locations now, you’ll be a bit more than
surprised Polyview and Lolwe estates are now the most fast growing estates in
Kisumu County, understanding that Polyview estate was previously a cemetery,
Translakes never even existed and Lolwe was an abandoned place, the places have
done quite so well with regards to real estate industry is concerned hence the
entire credit goes to the Kisumu real estate stakeholders.
Polyview takes the lead in areas preferred by young middle
class people (doctors, engineers, entrepreneurs) etc. the properties within the
area are designed in a fully organized manner with the most modern designs.
Resulting from this, the land rates have continued to go up
due to the reason that the stakeholders in Kisumu real estate are scrambling
all over the place to put money in this “hot cake” property with huge returns.
The land prices here have escalated tremendously to the fact that a 300 square
metersgoes out for about Ksh. 3M which simply signify that an acre is around
Ksh. 15M.
One would find it very hard to believe that this magnificent
estate with great ambience was previously a grave yard where not a single
person would even dare walk on it alone in the night and sometimes even during
the day, as a Luo culture it truly was claimed that the people buried there
were some times hovering freely in the dark. This belief was shut three decades
ago at this moment stakeholders in Kisumu real estate cannot hesitate to
acquire and invest in the land since it is preferred by several residents of
the lake side region.
Kisumu is a county that is actually fast growing with a lot
of natural resources that features real estate sector, tourism sector, and
mining sector; fishing industry etc. several investors from abroad have invaded
straight into the County to join in in the thriving business of real estate
investments in Kisumu.
For more on Kisumu real estate news visit:
www.westkenyarealestate.com
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