Pension managers are racing to grab a bigger share of the market.
The facility is the largest single commercial development in Juja area.
The company is expected to deliver infrastructure projects cheaply.
Foreign firms will be required to cede at least 30 per cent of their ownership to Kenyans.
New rules seek to check the growing influence of foreign builders on the local scene.
The boom will see Kenya joining the list of the fastest growing economies in Africa.
The average price per acre was Sh1.2 million in 2011, but is more than Sh120 million today.
The man was hacked to death on Friday at dawn after refusing demands by raiders.
Kura has advertised for a consultant to prepare a plan to ease traffic jams on city roads.
Prefabs reduce the time taken to build a house while lowering costs by up to 30 per cent.
Talks are underway for China to fund a new highway and rail extension.
The Chinese-funded Orpower 22 power plant will take 17 months to complete.
Bedsitters will rent for Sh3,200 per month on a 30-year rent-to-own plan.