Sharp Daily
No Result
View All Result
Saturday, August 30, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Govt targets to demolish old estates for Affordable Housing projects

Faith Chandianya by Faith Chandianya
March 28, 2024
in News
Reading Time: 1 min read
Courtesy of Standard Digital Media

Courtesy of Standard Digital Media

The government plans to knock down more old buildings across the country to make room for building affordable houses. Alice Wahome, the Lands and Housing Cabinet Secretary, announced that they’ve identified around 575 plots of land totaling about 12,000 acres for these projects.

Some of these plots currently have old estates, owned by either the national or county governments, which will be demolished. Demolitions are already happening in some areas.

Wahome explained during a Senate session that out of these 575 plots, 62 totaling 780 acres are in Nairobi, Mombasa, Kisumu, and Nakuru counties.

These plots were submitted by various ministries, counties, departments, authorities, and MPs to be used for the affordable housing program.

RELATEDPOSTS

Tackling Kenya’s housing crisis with affordable solutions

May 8, 2025

Exploring real estate investment opportunities in Kenya

April 25, 2025

However, not all identified plots will be used because some don’t fit the project’s criteria. Yet, they’ll keep these lands for future projects.

Senator Mohammed Chute asked about the value of each government-owned plot for the project, to which Wahome responded by stressing the government’s aim to build 200,000 housing units yearly to fill the housing gap and provide jobs for young people.

She assured that the procurement process follows the law and is done under the Public Procurement and Asset Disposal Act. Wahome clarified that although the houses will be built on public land, the land won’t be transferred to the developer.

The ministry has already finished two projects in Park Road, Nairobi, and Bondeni, Nakuru, with seven ongoing projects in Nairobi and Nakuru. Projects in Mombasa and Kisumu are still under consideration. For instance, in Kibera Soweto East Zone B, there’s a project with amenities like schools, commercial spaces, and health centers.

In Shauri Moyo-Kamkunji constituency, Nairobi, there’s a project with over 4,500 housing units. Another significant project is the Mukuru Met Site housing project, consisting of over 13,000 units under three lots.

Previous Post

Government responds to uproar over fake fertiliser

Next Post

KETRACO powers up Kimuka substation, boosting electricity supply

Faith Chandianya

Faith Chandianya

Related Posts

News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025

LATEST STORIES

The Importance of Including Pension Plans in Corporate Benefits Packages

August 29, 2025

The informal labor market and classical unemployment in the Kenyan context

August 28, 2025

Kenya’s Eurobond yields ease after S&P rating upgrade

August 28, 2025

Kenya’s strategic debt pivot: Smoothing, Strengthening, Sustaining

August 27, 2025

Bank on your paycheck: Invest smart with CMMF

August 26, 2025

Finding Balance: My Journey with Internet Self-Care

August 22, 2025

Why Young Kenyans Cannot Afford to Ignore Private Pensions

August 22, 2025

Strategies for Nairobi to emerge as Africa’s financial hub

August 22, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024