Phase one and two of the project, comprising 850 housing units are completed and fully sold.
Nairobi building permit fees are said to be the highest across the continent.
Thika Road completion has also seen several shopping malls being rolled out along the route.
The project has 178 three-bedroom houses and 171 four-bedroom units.
Developers unveiling projects targeting people earning less than 30,000 a month.
The construction loans will be offered at interest rates of between four and six per cent.
The factory has a capacity to produce 126,720 expanded polystyrene panels (EPS) panels a year.
Roofing giants are increasingly finding Kenya as a great investment destination.
The masterplan proposes the creation of more than a dozen commercial centres.
The one-bedroom apartments will be sold for as low as Sh2 million.