October 15, 2024

Affordable Housing Project to Bail Out GulfCap Real Estate Once Implemented

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By Harrison Kivisu

Email, thecoastnewspaper@gmail.com

GulfCap real Estate (GCRE) company,the developer of Buxton point estates has unveiled another latest lifestyle development affordable housing project that intends to satisfy the ever growing housing market demand in the country.

The project,dubbed 289 Incity Suits located in Nairobi starehe constituency next to Pumwani hospital, encompasses of modern studio apartments and duplexes in one-two and three bedroom configurations that have embraced new sector technologies.

According to the developer,the project is located within a thriving business hub,and proximity to major transport networks therefore offers a great business opportunity for investors to reap  Rental yields and capital appreciation.

Speaking during a high profile investor Brunch held at Ajmal restaurant,BBS Mall  in Nairobi,GulfCap chairman Suleiman Shahbal emphasized on the firm’s commitment to delivering an unparalleled experience that promotes the values of peaceful lifestyles and fostering community growth.

Shahbal emphasized on the transformative impact the development will have to the community, including creating jobs and solving the housing problem as well as creating generational wealth.

Investors who attended the launch include  Somali Ambassador to Kenya,Jabril Ibrahim Abdule who hailed the GulfCap commitment to adoption of new innovations,that has fostered development in the lucrative real estate sector.

“This is not just another development,it represents a golden opportunity to invest in a project that promises significant returns and positively impacts the community,”said Ibrahim.

According to Hawa Shafi,a representative of GulfCap company,Prices of the studio apartments will go as low as 2.49 million shillings promising buyers good deals.

“The 289 In city Suites offers a rare opportunity to secure a property in the fast growing region complemented by high-end amenities such as club houses and sports courts and 24 hour security,”Hawa said during the launch event.

The launching event held on Wednesday brought together local business leaders, potential investors and senior dignitaries who highlighted the transformative impact the development will have on the community and its role in setting new standards for real estate in Kenya.

“Our new project redefines urban living, offering a lifestyle that revolves around cutting-edge amenities and personalized experiences. From sleek, stylish interiors to functional spaces, every detail reflects our commitment to creating a living environment that resonates with the pulse of today’s discerning individuals,”Hawa added.

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