Safaricom Investment Co-op starts building low-cost houses in Ruaka

A design web page. FILE Photograph | NMG

Safaricom Investment decision Co-operative (SIC) has started constructing 450 units of small-cost homes in Ruaka, Kiambu County as component of its mixed-use advancement undertaking dubbed Miran Residence.

The housing undertaking sits on a 3-acre assets at the western end of the Nairobi bypass and targets small and center-cash flow earners.

The condominium whose design will price tag Sh750 million includes studio apartments promoting at Sh2.75 million and studio lofts at Sh3.9 million.

It also has 1-bedroom units advertising at Sh4.45 million and two-bedroom apartments marketing at Sh5.9 million.

“The Miran Home is an best financial commitment for men and women searching to devote in a family dwelling or searching to set up an expenditure like homestays,” claimed Safaricom Investment Co-operative CEO Sarah Wahogo.

The development includes a totally geared up gym, a kids’ participate in area and a jogging track promoting the ever-developing wish for an all-all over life-style.

Its design which has currently started out will close in June 2024. The contraction is called MC Builders.

The start of this housing task is fairly well timed as it plugs into the government’s Huge 4 agenda on Reasonably priced Housing.

The Miran Residence is the fifth housing task by Safaricom Financial commitment Co-operative Society.

The other housing initiatives involve Ruaka Ridge in Ruaka, BlueBells Apartments in Syokimau, Kantafu Serene Residences in Kantafu and Rongai Villas in Rongai.