Businessman Shahbal's firm to construct Starehe affordable house project

The selling price for the units will be starting from Sh1.155 million

In Summary
  • The facility, according to Shahbal will include children's playgrounds, a swimming pool, a gym and greenery.
  • This will be Ruto's 5th affordable housing project launched this year after Homabay, Ruiru, Kibera and Shauri Moyo.
Eala MP Suleiman Shahbal at the Arusha-based East Africa Legislative Assembly.
Eala MP Suleiman Shahbal at the Arusha-based East Africa Legislative Assembly.
Image: SULEIMAN SHAHBAL/TWITTER

The firm to businessman Suleiman Shahbal who doubles up as Eala MP will construct the Sh20 billion Starehe Affordable Housing project. 

The GulfCap Real Estate is building affordable housing projects both in Mombasa and Nairobi.

Shahbal, through a statement, said the project will be a game changer to many Kenyans, especially the slum dwellers.

“In addition to creating over 6,000 new homeowners, the project will create thousands of job opportunities directly and indirectly for the people of Nairobi, especially the hustlers,” he said. 

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The facility, according to Shahbal will include children's playgrounds, a swimming pool, a gym and greenery.

Others are sports facilities, community centres, Early Childhood Development (ECD) centres, outdoor communal recreational facilities and food courts. 

“GulfCap Real Estate‘s philosophy revolves around building a lifestyle, not just apartments hence the sharp focus on providing facilities touching on every aspect of the well-being of homeowners,” Shabhal said. 

President William Ruto will on Monday afternoon lead the groundbreaking on the project dubbed 'The Starehe point' which will house over 6,000 units composed of one, two, three-bedroom and shop typologies.

The selling price for the units will be starting from Sh1.155 million.

This will be Ruto's fifth affordable housing project launched this year after Homa Bay, Ruiru, Kibera and Shauri Moyo.

Initially, about 300 houses occupied the 24 acres of land that had been occupied by tenants.

However, the tenants had to relocate to pave way for the development.

The government through the State Department for Housing and Urban Development has partnered with Gulfcap in its bid to construct 200,000 housing units annually to ease the housing deficit in the country.

Currently, there are six ongoing affordable housing projects that are set to construct 31,990 units.

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