Alexander Forbes, an internationally accredited retirement funds consulting and administration provider is set to construct housing units for their retirement fund members. Landmark Holdings- contractor for the project and members will be able to get mortgage loans from KCB, Housing Finance and the Mortgage Company after talks are complete with these financiers.
The estate will be located on a 30 acre piece of land on the Nairobi-Namanga road. A nursery school, a gym, a commercial centre with a mini mall, a resource centre with meeting rooms and 211 mansionettes would be built within the estate.
The project which has been named Riverine Estate will be carried out at a cost of US$30m. The project is to be completed by December 2016.