1. INTRODUCTION

Pangani is an upcoming integrated mixed-use multi-storey Development nestled in the heart of Nairobi’s Starehe division, along Ring Road Ngara and a stone’s throw away from the Thika super highway. The development sits on 5.2 acres of land, and on completion will be amongst the first projects specially aligned with the National Government’s key pillar of providing decent and affordable housing to its citizens under the President’s Big Four Agenda.

The project is a partnership between the Nairobi City County and Tecnofin Kenya Ltd on a joint venture basis. The Nairobi City County will make available land and all necessary approvals to develop while Tecnofin Kenya Ltd will develop and sell the completed units.

The developer appointed Stima Investments Co-operative Society Ltd as the sole selling agent for the house units

2. PROJECT DESCRIPTION

On completion, the project will comprise of a total of 1434 affordable housing units, and will boast the following social, lifestyle and security amenities;

• Ample Basement Parking
• Reliable Power Connection
• Reliable Water Connections
• Swimming Pool
• Multi-purpose outdoor sports facility
• Squash Court
• Gymnasium
• Children’s playing ground
• Beautifully landscaped gardens
• Perimeter wall
• Paved walk ways and access roads
• Kindergarten
• Health facility
• Manned gate
• High speed elevators
• Commercial center, etc.

The development will target the middle and lower middle class population of the society, and will comprise of:

Item No	Description	Price
a.	1 Bedroom Social House Type 1	Kes. 1,000,000.00
b.	1 Bedroom Social House Type 2	Kes. 2,500,000.00
c.	1 Bedroom Apartment	Kes. 1,500,000.00
d.	2 Bedroom Apartment	Kes. 2,250,000.00
e.	3 Bedroom Apartment	Kes. 3,000,000.00
f.	3 Bedroom Duplex	Kes. 7,500,000.00

 

3. ELIGIBILITY CRITERIA

All prospective buyers must be fully paid up members of Stima Investment Co- operative Society. Membership to the society is open to the general public.

a). Affordable Housing Units ( item a to e )

Purchases of Affordable Housing Units are subject to the following criteria;

i.) Prospective buyers must earn a basic salary of not more than Kes 100,000 per month. A certified payslip will be required from applicants

ii.) Social Housing units are not transferable after purchase within a period of 8 years

iii.) Each prospective buyer will be limited to a puchase of 1NO. Unit

b.) Freely Traded Units( item f )

All Freely traded units, comprising of the 3 Bedroom duplexes have no limitations as outlined above. individuals, business people ,groups ,companies and entities that do not qualify for (a) above are eligible for these units

4. CONTACTS

Selling Agents

Stima Investment Co-operative Society Ltd

Transactional Lawyers:

Robson Harris & Co. Advocates, Jakakimba & Lagat Advocates, M.K. Mberia Advocates

Download the Pangani Heights Brochure below