Cytonn Real Estate Sets Off the Ksh 2.5 Billion Taraji Heights Project

Cytonn Real Estate held the ground breaking for one of its mixed-use developments, Taraji Heights, valued at 2.5 billion shillings that sits on a close to 3.0-acre piece of land in Ruaka, Kiambu County.

Taraji Heights is a mixed-use development which comprises 2 and 3 bedroomed and 3 bedrooms with DSQ units. Residents shall enjoy other facilities such as a retail facility, a clubhouse with a gym, a swimming pool and a spa, as well as well landscaped gardens and playing fields.

Taraji Heights is Cytonn Real Estate’s second development within Ruaka, as they respond to the growing demand for residential units to house the ever-growing middle-class seeking high quality and secure neighborhoods, supported by the high returns to investors as witnessed from their pioneer Ruaka development, The Alma.

“Our deal pipeline serves the various segments of the market ranging from the high end, such as the Amara Ridge whose construction is nearing completion in Karen, to the middle to lower-middle income like Taraji Heights, which will offer a comprehensive lifestyle and a secure community to families,” said Cytonn’s Chief Investment Officer Elizabeth Nkukuu.

“In addition to creating secure gated communities, these developments are also creating jobs, contributing to the growth of the economy and raising the standards of living in the country. At its peak, the development will have created over 300 jobs on a daily basis majority of which shall come from the local community and we thank Governor William Kabogo for supporting such projects,” added Elizabeth.

Speaking at the event Kiambu County Governor H.E William Kabogo said, “I am glad to mention that Cytonn’s decision to bring yet another development in Ruaka is well-grounded in many respects. This project serves as a benchmark to other developers who are eyeing Kiambu County. The landscape of Ruaka will have a new prime development in whose wake more opportunities for development and decent housing will be created.”

“Kiambu is one of the fastest growing counties in the country and with that comes the demand for housing. The rate of population growth in the county stands at about 2.0% and the population is projected to be at 1,174,087 by the end of this year. With this kind of growth ability to create employment for the people living here then is very important and that is why my Government is happy to partner with developers like Cytonn who on top of creating signature developments like Taraji heights and the Alma are creating employment opportunities for our youth,” the Governor added.

Speaking during the ground-breaking ceremony, Landmark Holdings Chairman Manjit S. Sethi said that the company is committed to deliver quality projects and ensure this is done well on time.

“In a bid to deliver this, over the years Landmark has invested in key assets from heavy civil engineering equipment to precast plants, ready mix concrete and specialized interior and exterior fabrication workshops spanning over 75,000 sq ft. Landmark, as a NCA 1 registered contractor, has completed several iconic projects for a multitude of clients in both the public and private sector institutional investors,” he said.