Type Development: Residential – High Income
Estimated Development Cost: Ksh 2.17 Billion or $ 217 Million
Type of Fund Needed: Debt Finance & Equity Financing
Amounts Needed:
Debt and Equity of 2.17 Billion
Project Description: The project seeks to develop 180 home units. Karunguru Estate will include Kenya’s first coffee museum, a commercial centre, a nine-hole golf course, sport fishing in the estate’s various dams, a club house and an equestrian riding track. The development will be based in the outskirts of Nairobi and seeks to target home buyers seeking to own property in a serene gated community.