Real Estate Developers in Kenya: Whether you are a real estate enthusiast or not, you must marvel at the sheer beauty and elegance of some buildings when you come across them. Be it the highrise skyscrapers, apartmen complexes, shopping malls, offices among others, their developments take lots of work to conceptualize, design and eventually build it.
In this article, we review some of the best real estate developers in Kenya based on their breadth of projects. Let’s dive in!
1. Kings Developers Ltd
Kings Developers Ltd is a fully owned Kenyan company formed as part of the Royal Group of Companies. Its focus is on development of highrise developments and mixed use property projects.
Since its inception in 2009, the company has cemented its position in the East African Real Estate market. Some of the most notable projects that Kings Developers Ltd has undertaken is the Prism Towers in Nairobi.
2. Centum Real Estate
Second is Centum Real Estate. The company is a wholly owned subsidiary of Centum Investments PLC and focuses on large mixed use developments across East Africa.
Currently, its portfolio boasts of developments such as the Two Rivers Mall development, Vipingo Development and Pearl Marina Estates in Uganda.
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3. Avic International
Here’s another real estate developers in Kenya. Chances are that if you’ve stayed away from Nairobi and found yourself there lately, you must have seen the GTC towers hovering the skies. That’s a development by Avic International Kenya.
This Ksh. 40B Global trade Centre is owned by Avic International. Majorly, it offers top of the range work, live and play environment for diplomats and Kenyans as well.
4. AMS Properties
Further on our listing is AMS Properties. Having gained over 40 years experience in the development sector, the company is a force to reckon with.
Currently, the company has partnered with Myspace Properties to develop the Mykaren Mini Mall.
5. Mahiga Homes Ltd
Finally Mahiga Homes Ltd completes our list. The company has now successfully handed over 9 projects of affordable housing estates along Thika Super Highway.
Frequently Asked Questions (FAQs)
Is a real estate developer same as a builder?
Not necessarily. Majorly, a developer takes raw land, obtains the necessary permits, creates building lots, and puts in the sewers, the water and electric lines, the streets and curbs.
While the builder comes in and erects the house. Moreover, a builder also can be a developer.
How do I become a real estate developer in Kenya?
To become a real estate developer, you need to first register a company on the Ecitizen portal. Afterwards, you will need to register with the National Construction Authority (NCA) for the category you wish to take part in. Once you’ve done this, you can take up projects.
How much do you need to invest in real estate in Kenya?
Generally, you can start to invest in real estate with as low as Ksh. 100,000 or even much less. This depends with the type of real estate you choose to get involved in.
Chinese developers in Kenya
The most notable Chinese developers in Kenya is Avic International Kenya whose project is the Global Trade Centre (GTC) at Westlands.
Real Estate Developers in Nairobi
Nairobi boasts of many real estate developers such as Avic International Kenya, kings Developers Ltd, Mahiga Homes Ltd among many others.
Real Estate Developers in Mombasa
For the Mombasa market, developers like Myspace Properties Ltd, Kings Developers, AMS Properties etc have established themselves with various projects already handed over.
Real Estate Developers near Kakamega
Valuable Homes Ltd is a real estate developer with proven experience for developments in Western Kenya. The company is both involved in property sales, management and development.
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