Top 4 real estate companies selling affordable land near Nairobi

Real estate properties around Nairobi continue to increase in value and prices thanks to the ever-increasing population.

Statistics show that Nairobi is among the fastest-growing cities in Africa with an annual growth rate of about 4%. With population growth, the demand for affordable housing has continued to increase leading to the growth of satellite towns in Counties that borders the capital.

A good example of these towns are Kamulu, Joska, and Malaa along Kangundo road in Machakos county, Kitengela, Athi River, Syokimau and Ngong towns in kajiado county, and Juja, Ruiru, and Limuru among others in Kiambu county. Some of the things these counties have in common are the proximity to the capital city, Nairobi, an Elaborate transportation system to and from the city, and finally the availability of affordable land.

To most people looking to invest, real estate remains a lucrative investment option. Most investment analysts consider real estate a central component to Kenya’s long and short term economic agenda, which is what gives real estate as a whole a positive outlook.

The increasing demand for affordable housing is what has opened up business opportunities for private real estate companies who buy land, subdivide, and sell them as fully serviced plots to cater to different preferences in terms of location, sizes, and budget.

Here are the top real estate companies selling affordable land in satellite towns near Nairobi.

1. Fanaka real estate Ltd

Fanaka real estate limited has over the years continued to position itself as the best investment partner when it comes to providing cheap and affordable land in satellite towns around Nairobi.

With most of its property along Kangundo road in Machakos County, the company has proven to be a dominant force and the go-to choice for those looking for affordable residential, commercial, and speculative pieces of land in areas such as Kamulu, Joska, and Malaa townships, all growing satellite towns along Kangundo road.

Some of their current properties include Joska Greens in Joska town 2km from Kangundo road selling at Sh949, 000, Dhahabu Ridge in Malaa 2km from tarmac selling for Sh799,000 and Olive Gardens in Kamulu selling for Sh799,000.

All their properties are fully serviced with ready title deeds, water, electricity, and wide graded roads. They offer flexible installments options of up to 12 months with a down payment of as little as 30 percent of the property value.

Their offices are located along Kangundo road in Ruai town, Dune plaza next to Lake oil petrol station and can be reached at any time via call, SMS, or WhatsApp using 0799001155.

2. Optiven Enterprise

Optiven enterprise is the other leading player selling affordable real estate property around Nairobi. The company has several properties in satellite towns around Nairobi enhanced to meet different needs such as Immediate settlement, Commercial use, and speculative needs for possible capital gains.

The company is headquartered in Nairobi, Barclays plaza Loita street 14th floor with another office in kitengela. Some of their projects includes Victory gardens in Kitengela going for 2.295 Million Ksh, and Amani ridge in Kiambu county going for 4.195 million Ksh.

3. Username investment

Username is the other real estate company that has cut a niche for itself as a major provider of affordable land around Nairobi, with a vision to be the best and the most preferred real estate company in the county.

Their offices are located in Westland Nairobi, La’mac towers, 4th-floor church road and in town at the International Life House 6th flour. Some of their properties include Woodcrest Estate in Athi river at Sh1.495 million and Ngong sunrise at Sh349,000.

4. Daykio Plantation

Among the most preferred real estate companies selling affordable land near Nairobi, Daykio plantation limited boosts itself as being the oldest in the industry has been in operation for more than 35 years with a mission of making real estate affordable and accessible.

Over the years, the company has sold land, apartment, and other commercial properties e.g Daykio Bustani at Sh8 million and Kisaju at Sh1 million. Their offices are located in Hughes Building, Kenyatta Avenue, Nairobi.