Sharp Daily
No Result
View All Result
Saturday, June 14, 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 Real Estate

HFC,Madison Group Ink ‘Villa Kazi’ Housing Project Deal

Sarah Wamaitha by Sarah Wamaitha
February 14, 2023
in Real Estate
Reading Time: 2 mins read
HFC Ink Partnership Deal with Madison Group

HFC Ink Partnership Deal with Madison Group [photo/Courtesy]

Madison Life Assurance and HF Group’s banking unit HFC have reached an agreement to develop VillaKazi Homes, a planned mixed-use development in Athi River.

The 100 acres are being provided by Madison for a cost of Ksh. 3 billion, while HFC will provide project financing for end users, project management knowledge, and sales support.

“We’re committed to enriching lives by providing Kenyans with homeownership opportunities and financing options.” HFC wrote on Twitter.

Read: The Kenya Mortgage Refinance Company (KMRC) As A Vital Resource In Advancing Affordable Housing Finance

RELATEDPOSTS

Kenya’s anti-money laundering gaps threaten investments

June 13, 2025

Kenya’s economic ascent and what it means for East Africa.

June 10, 2025

VillaKazi Homes is a gated community with pre-designed house plans intended to give customers a seamless start to their homeownership journey as well as to provide a uniform and premium environment.

The project will be carried out in two phases on a 60-acre plot of land and a 40-acre tract, respectively, in Athi River. The partnership, according to HF Group CEO Robert Kibaara, is in line with the company’s objective to offer Kenyans comprehensive banking and real estate ownership options.

Kibaara also stated that the Villa Kazi housing project will help address the housing shortage faced by thousands of working-class Kenyans living in the fast-expanding industrial areas of Athi River and the neighboring satellite towns.

“Every Kenyan deserves dignified and accessible living. This project is strategically located less than one kilometer from the expressway interchange along Mutongoni Road connecting Mombasa road to Kangundo Road,”

Read: President Ruto Banks On Pensions, Insurance Firms, And Cooperatives To Fund Ksh500B Affordable Housing Project

According to Madison Life MD Githua Ngaruiya, Madison Life Assurance entered into this partnership because of HF Group’s solid reputation in the real estate industry and its track record of success on similar projects.

Madison Group Limited is a locally owned financial services holding company that specializes in Insurance and wealth management services.

The Group comprises of Madison Life Assurance Kenya Limited, Madison General Insurance Kenya Limited, and Madison Investment Managers Limited.

Housing Finance Company of Kenya(HFC)was incorporated as the premier mortgage Finance Institution in Kenya licensed under the Banking Act with the CDC and the GoK owning 60% and 40% respectively.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Jua Kali-Kenya’s Potential In Handcrafted Textiles

Next Post

2023 Valentine’s Top Most Online Searches

Sarah Wamaitha

Sarah Wamaitha

Related Posts

Real Estate

Restructure housing levy to solve Kenya’s housing crisis

May 23, 2025
Real Estate

Navigating the fallout of foreign aid reductions

May 20, 2025
International

Knight Frank; Kenya’s wealthy are trading mansions for market moves

May 16, 2025
Real Estate

Nairobi real estate divide

May 15, 2025
Real Estate

A KES 6.4 million real estate heartbreak in Syokimau

May 12, 2025
Real Estate

Hass property index: Kenya’s real estate market rebounding

May 6, 2025

LATEST STORIES

Innovation in finance: How Kenya’s financial sector is evolving

June 13, 2025

The false middle class: Chasing comfort in an economy of survival

June 13, 2025

Why the gig economy needs better financial integration

June 13, 2025

Kenya’s anti-money laundering gaps threaten investments

June 13, 2025

Contrarian investing in Kenya.

June 13, 2025

Still sending tier II contributions to NSSF by default? Time to reconsider.

June 13, 2025

Preparing for the Great Migration

June 13, 2025

How governance overhauls can save struggling banks

June 12, 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