Residential Projects
Thika Greens Golf Estate: Work Finally Gets Underway
The planned gated development will be built in three phases.
The first phase of construction has begun on the planned Thika Greens Golf Estate in Thika, Kenya after the developer made significant progress in building necessary infrastructure and amenities on site.
The planned gated development, which will be built in three phases, now has 22 km of paved road and 34km of water piping. About 68 per cent of roads and 450 manholes have already been constructed in phase 2 of the project.
According to Charles Kibiru, CEO of Thika Greens Ltd., plot buyers have already moved to occupy their plots – with 15 people currently building and 30 others fencing their plots in readiness.
“The completion of infrastructure has resulted in a flurry of activities as land owners move swiftly to occupy their plots. Twenty-two houses are currently under construction and we expect that 500 constructions will be ongoing by the end of 2013,” Mr Kibiru said.
Sales for Thika Greens Golf Estate began in the second quarter of 2009, after which the developer began putting in place the necessary infrastructure and amenities on site.
Phase one of the development has been fully sold out with sales of phases two and three currently ongoing.
Early buyers of the eighth-acre plots at the planned estate are enjoying an ‘early bird’ advantage, with values of the location having risen to Sh1.2 million from Sh850,000.
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The first phase of the project is the development of a 960-home estate, Thika Greens Country Homes, in which all housing construction will be under a controlled development plan. The entire project will see three estates developed on about 1,700 acres.
An 18-hole championship golf course set on 307 acres has been shaped, and the first nine holes and clubhouse are expected to be ready by March.
“The first 9 holes will be fully planted by the end of the year and will be ready for play by March 2013,” said Mr Kibiru.
The developer is also building 70 golf villas in phase two and has already completed two showhouses.
Thika Greens Golf Estate is estimated to cost Sh55 billion in investments by both the master developer and home builders.
Phase three of the project is expected to be completed by the end of 2016.
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