Mizizi Calls on Government to Issue Incentives to Real Estate Developers
By John Kariuki
Mizizi Africa Homes has called on the government to give incentives to investors so that they can have ease of doing business.
Mizizi Africa Chief Executive Officer Mr George Mburu was speaking during the showcasing of its newest development, the Pigeon Estate.
“Owning a house is usually at the top of the priority list for every Kenyan especially the youths. Mizizi Africa Homes ltd is a well-known name as an affordable residential estate developer in Kenya we strive to build homes that match the dreams of the owners.”
He said that through government interventions the real estate sector can participate in complementing the government’s big agenda on affordable housing.
“I’m calling upon investors to utilise this opportunity to invest with us. We apply the off-plan model of home ownership after a thorough sector research that revealed that owning a home is one of the costliest affair in the country. But with the off plan model, our clients are guaranteed of timely delivery after finishing the project.”
“Tax has been very punitive to us as investors when purchasing basic construction materials which is why construction has become a very expensive affair.”
The company has been offering the most affordable homes in various places.
Captain (Rtd) Joseph Mbugua and Damaris Ng’endo are some of the investors who have exuded confidence with Mizizi Africa Homes.
“We have a lot of trust in Mizizi going by their previous track record in the projects they’ve already delivered. After doing our due diligence, we settled to invest with them.”
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