Fastest growing real estate companies in Kenya: When looking to start a real estate project, buy land, or build a home, it is always advisable to liaise or collaborate with some of the finest real estate companies. This will help you to avoid the booby traps that abound in the real estate sector.
In the same vein, it will also caution you from falling for fraudulent real estate operatives who have left thousands of Kenyans nursing losses amounting to billions of shillings. To help you get a lead on the best real estate firms in the country, we take a look at some of the fastest growing real estate companies in Kenya today:
1. Optiven Group
This real estate firm was started by entrepreneur George Wachiuri. The company’s arm’s flagship product is Transformed Plots, which are particularly enhanced to suit immediate residential settlement, commercial purposes and futuristic capital gain. Optiven Real Estate is a one-stop shop offering a two-step model for home ownership solutions to its customers.
The company, which aims at creating over 30, 000 direct employees by the year 2030, has continued to be a differentiated and trusted name that regularly receives accolades both inside and outside Kenya. “We seek to deliver real estate solutions at a personalized level and become a market leader in providing lands and plots for sale that have value additions,” the company says in an investors’ note.
2. Fanaka Real Estate Company
Fanaka Real Estate was started by Moses Muriithi who is also the chief executive officer of the real estate firm. Mr. Muriithi started Fanaka with Sh. 40,000 only! He registered and incorporated as a limited company in June 2016. The company is located along Kangundo road in Ruai Town. It is among the most preferred real estate companies in Nairobi. Over the past three years, the company has established itself as the company of choice for many Kenyans looking to acquire land, especially due to its presentation of ready title deeds upon acquisition.
The company is more favorable for low-income earners due to the affordability of its plots. For instance, the company sells an eighth (1/8) of an acre in satellite towns such as Kamulu, Joska and Malaa at prices as low as Sh. 399,000.
Interestingly, the plots that Fanaka sells are located close to the Nairobi Central Business District (CBD). Their projects are located along Kangundo road and within a radius of 39km from the CBD. Kangundo road is currently under expansion to be made dual carriage from Caltex all the way to Malaa town.
These plots are also suitable for immediate development with amenities such as water, electricity, all weather roads. Fanaka Real Estate Company has also distinguished itself by offering flexible payment options.
For example, as a buyer, you can get a piece of land without paying the whole amount. “We allow our customers to pay for their preferred plots in small installments. Our aim is to empower rather than put a strain on the customer’s pockets,” says Fanaka in a statement. “In all our properties we ensure we put a perimeter fence, put a steel estate gate, grade the access roads and install water and electricity to make the properties ready for construction.”
3. Hass Consult
Hass Consult has not only been one of the most prominent real estate firms. The company has gone on to evolve in its product and service offerings in the sector. HassConsult offers investment-grade developments all over the City. The developments we offer have been conceptualized by our development team to be high quality assets using a data-driven approach in planning and design, that gears property for high rental returns and an escalated rate of capital growth. It was started in 1992.
4. Azizi Realtors
Azizi Realtors is a sales, letting & property management company that offers real estate consultancy services with a difference. Azizi offers property guidance to deliver quick sales for customer projects, short turn around for tenant sourcing as well as hustle free property management of your hard earned investment. This comes along with added value through the profile of the clients targeted.
5). Username Investment
Username Investment Limited is an established Kenyan-based real estate development and investment company. The company focuses on providing strategic, value added and affordable land to the current and upcoming generations. It began operations in 2013 having identified a gap in the real estate sector where majority of investors were unable to access properties due to the high prices charged. “We came in targeting the young population aged 20-35 years who are in their first or second employment earning looking for investment opportunities within their incomes,” says Username in a statement.
Cytonn is a real estate development firm that seeks to develop institutional grade real estate having a team with extensive and deep experience in real estate development and finance. It aims to deliver quality and aspirational real estate developments that encourage great community living. One of its on-going projects is Applewood Villas, which is located in Karen, and provides an opportunity to buy into a unique development in a serene environment. These 18 luxury homes, with each villa sitting on ½ acre, provide spacious living areas surrounded by expansive luscious compounds.