Mizizi Africa Homes has introduced a new business concept that allows its current and prospective clients to buy land from the real estate firm and then develop customized units for them.
The ‘Buy, We Build,’ model now expands the real estate developer’s portfolio to include the sale of fully serviced prime plots as it formally enters the gated and controlled community space.
Mizizi Africa Homes Chief Executive Officer, George Mburu said the new venture is in line with its goal of making it easier for most Kenyans to own modern and affordable homes.
“Now you can buy a plot of land from us and let us build your customized house. We help you throughout the whole process- after buying a parcel of land from us, we assist you in site planning to when the house or investment is ready for occupation,” said Mburu.
The size of the land ranges from 50ft by 100ft to a whole block, giving buyers limitless control over the type of house, designs, amenities, and features they need.
For instance, one can buy five plots or blocks of acres or add a private swimming pool, garden spaces, and outdoor gazebos.
Previously, the real estate developer was just developing housing units with controlled designs, allowing users some room to customize interior designs.
With the new concept, the developer will arrange financing through partner banks and SACCOs using the land as collateral.
The firm’s first project under this plan is Bill Bright Garden estate in Diani which goes at an introductory offer of Ksh. 1.25 Million for an eighth of an acre.