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.
Introduction of evaluation fee is already facing fierce opposition from Nairobi residents.
Local firms did not meet the financial threshold set by the government.
Most Kenyans acquiring houses are not doing so for speculative intentions.
The 0.5% levy is payable to the authority by owners of projects above Sh5 million.
A group of rich Qataris jetted into Kenya this week to scout for deals in the country.
Developers will be allowed to build up to 75 floors in high-density areas.
Residents fear pollution and noise from the proposed plant.
The 750 km road runs from Isiolo through Meru, Wajir, and Mandera.