Superior Homes Kenya has expanded its real estate operations into Kiambu County with the launch of a 60-acre land project, Kanzi Springs.
This follows the success of the company's 163-acre Greenpark Estate.
Kanzi Springs, part of a larger 300-acre masterplan, of fully serviced plots.
Superior Homes Kenya CEO Shiv Arora emphasized the importance of investing in real estate, highlighting the amenities and community features of Kanzi Springs.
The development is located 12 kilometers off the Thika Superhighway from Kimbo area, accessible via Kiganjo Road from Ruiru town.
Managing Director Ian Henderson noted that Kanzi Springs is Superior Homes' first project in Kiambu County, with plans for future expansions.
He pointed to the company's previous success with Greenpark Estate in Athi River, Machakos County.
Superior Homes Kenya, a family-owned company established in 2004, is known for pioneering the open-plan gated community concept in the region.
The company will celebrate its 20th anniversary on August 4.
Other developments include Fadhili Care, Greenpark Sundowner, Pazuri at Vipingo in Kilifi County, Lake Elementaita Mountain Lodge in Nakuru County, and Lukenya Wildlife Estate in Machakos County.
According to the latest Statista Real Estate Kenya report for 2024, the country's real estate market is projected to reach a value of $733.40 billion (Sh103.7 trillion) by the end of 2024.
The residential segment leads the market with a projected volume of $657.60 billion (Sh85.3 trillion).
The market is expected to grow at an annual rate of 5.18% from 2024 to 2029, reaching $944.10 billion (Sh122.5 trillion) by 2029.
The industry is experiencing increased demand for affordable housing due to rapid urbanization.