Investment and real estate developer Cytonn has launched a Sh15 billion master-planned development on 100-acre prime land in Ruiru.
When complete, the development will provide 1,200 aspiration homes to end-users. Dubbed RiverRun Estates, the project will comprise of 1,258 units’ residential clusters with three and four-bed roomed villas and town houses and two and three-bedroom apartments to enhance community living.
A retail promenade, a school, a water-themed park, green spaces, outdoor play areas and an ultramodern hotel with a frontage to a beautiful dam will all be provided with good security within the units.
“Through this project, we are seeking to provide the perfect home for first time home buyers as well as those seeking a tranquil and serene locale away from the hustle of most urban developments,” said Peter Karenju, the Project Manager, speaking at the launch.
Located approximately seven kiolometres from the Thika Superhighway and 1.5km off Kiambu- Kamiti road, this development sits on a former coffee farm on the leafy Ruiru slopes and falls within the precincts of both Tatu City and Migaa Golf Course and will accommodate lower middle-income to high-end properties.
“This sloppy terrain complemented by a retaining dam stretching over eight kilometres along the parcel’s peripheral and a river cutting across a section of it offers the ultimate canvas for architectural brilliance,” he added.
The development will be implemented in three phases with phase one comprising 263 units of town houses and villas with a starting price of Sh13 million and is expected to be complete by June 2022.
Clients have the option of choosing between the various house typologies ranging from four bedroom units sitting on a sixteenth, eighth or quarter acre plots. “We have partnered with two architectural firms, Aspera Designs from Kenya and Finish Architectural Firm AUD architects to develop the project,” says Karenju.
The developer has tailor-made a handful of payment plan options to suit the methods of financing best preferred by clients. “You can either pay by cash, instalment, mortgage and monthly payments,” he says.