PROJECT IMARA DAIMA

Project &Location

The project involves construction of;

• Studios -1920
• One bedroom -3840
• Two bedrooms -2560

The project is set on plot of 9.4 acres. It is made up of one basement, one ground floor, five levels of parking and 23 No, floors of accommodation.

• Amenities included are-Gym
• Roof top gardens
• Biodigester
• Borehole
• Solar power
• Standby generator
• Landscaped gardens
• Paved driveways
• Paved walkways
• CCTV

Location

The project is located in Nairobi in the Imara Daima Estate neighborhood. This is about 10Kms from the Nairobi Central Business District and about two kilometers from Imara mall on Mombasa Road.

The neighborhood is well developed with marionettes and apartments and is well served with all services and amenities. The Imara Daima Light rail station is within and other public transport is available. Electricity and water are on site.

INVESTMENT OPPORTUNITY

The project provides a rare opportunity both to the tender and venture investor. The amount required and the returns on investment are high while the risks are low. The table on returns provided on last page3 of this document is self-explanatory.

MARKET ANALYSIS

The government is committed to developing at least 250,000 affordable housing units per year against a current deficit of 2.5M and annual growing demand in excess of 50,000 affordable units.

Developers currently provide an average of 50,000 units per year. There is therefore little competition if any.

Project details are already provided above. Project development timeline is 2 years  from the time the money hits the account. Flow chart is provided