On Saturday 14th September 2019, Safaricom Investment Cooperative (SIC) held their open day at The Zaria Village Grounds in Kiambu County, where among other activities, a groundbreaking was done at one of the 331 plots which are up for sale.
The groundbreaking typically signifies the readiness of commencement of building, with bush clearing and planting of trees for the hedges almost nearing completion.
Speaking at the event, Peter Gichangi, who serves as the board chairman and director of the Zaria village assured investors that infrastructure will be ready within six months, adding that they need not worry about contractors, as SIC will do their best to ensure they get effective and reliable service.
“We bought the land three years ago when it was still under Palm Ridge. Since then, we have been receiving constant updates from the developers during each stage of the process,” says Ms Esther Mwangi who is among the first people to invest in the project.
In addition, the early investors were consulted when SIC was coming up with the four different house designs that will be constructed in the Zaria Village.
Each 1/4 acre plot is going at an initial cost of Kshs 6.95 million with the highest price at Kshs 7.35 Million. The project targets the middle and upper-middle-income earners, with an extension to the Kenyans in diaspora looking to build homes in Kenya.
Safaricom Investment Co-operative has partnered with Palm ridge, together with mortgage offering banks such as KCB and CBA, to ensure The Zaria village project attains completion within the set timelines.