Mizizi Africa Homes firms grip in off-plan provision with launch of Heritage Estate
Real Estate firm, Mizizi Africa Homes has launched a new project along Kenyatta road exit 14, off Thika Superhighway.
The project, Heritage Estate is an off-plan development just 25 minutes’ drive from Nairobi CBD. The launch of Heritage Estate comes barely a month after buyout of Penguin Estate in the area.
Mizizi Africa Homes Operations and Finance Director, George Mburu said the company was responding to rising demand for off-plan units that are affordable in prime and strategic locations.
“The positive uptake of Penguin Estate and rise in number of inquiries shows a large appetite in our projects. We want to meet this demand,” said Mburu on the sidelines of the launch event last Saturday.
Mizizi is banking on its seamless customer engagement model that it said has started bearing fruits.
“Besides affordability, prospective homeowners and investors want assurance that the project will be completed within set timelines and deliver quality results as agreed at the start of the project. We are firming up on our customer engagement model to deliver even better results,” said Mburu.
Last year, the company committed to involve prospective homeowners in the entire construction process to eliminate the risk of missed timelines in project execution and builds customer confidence.
Off-plan developments came under scrutiny in 2019 after a few developers under this segment missed project deadlines, delivered poor quality houses, lack of accurate information on the final product and general developer trust issues.
“We understand that Off-plan model offers a cost effective and faster way to fixing housing gap in the country and addressing client concerns is the utmost responsibility,” said Mizizi Africa Homes Chairman, Stephen Waiganjo.
Heritage Estate is an all ensuite 3-bedroom bungalow that introduces owners to modern luxury living.
It comes with spacious sunken lounge and dining area, large windows for natural lighting, spacious laundry, customizable open Kitchen with granite breakfast table, cabinet, fridge and cooker area.
It will also feature cabro paved roads, parking slots for two cars and high perimeter wall all-round the estate.
A unit is selling at Sh. 3.5 million for cash buyers and Sh. 3.75 million for installment buyers payable in 10 months upon settling a deposit of Sh. 1.5 million.
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