Located in Kiambu County, with close proximity to shopping malls such as the Thika Road Mall, International schools and state of the heart hospitals, The Zaria village occupies 124 acres of land, subdivided into 331 plots, each ¼ of an acre.
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 next six months.
Each 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.
Interested investors will choose from four different house plans dubbed The Zara, The Zaira, The Zayana and The Zazi, with each of the designs having a unique interior and exterior.
Apart from residential units, the Zaria village will also have two recreational areas; by the river and by the Lake Zaad, a clubhouse, spa, a 30-metre swimming pool, an education centre and a mini shopping complex.
Moreover, early investors will get a 5% discount on the land purchase price.
There will be an open day on 14th September 2019, where potential clients will access the plots, plans and location.
SIC was set up in 2009 under the cooperatives Act Cap 490 to pursue investments in real estate, private equity, agribusiness, and quoted securities, and has 129 projects already in the market which translates to 8000 project units in form of land and housing.