The State has pledged to offer developers about 7,000 acres of land as part of an incentive package.
Property owners have often cited high costs of the systems as a hindrance to increased uptake.
The Chinese-built railway began commercial operations on January 1.
Stamp duty, 2% to 4% of the property value, is a major expense for home buyers.
Slow approvals of Public Private Partnerships usually puts off high quality investors.
The project is expected to gift Tanzania with its first high-speed railway.
This is expected to be the largest mall in the neighbourhood.
An elevated railway will run 6.7 kilometres across the national park perched on giant pillars.
The Kenya Mortgage Refinance Company will be mandated to issue bonds in capital markets.
Lack of access to affordable credit has seriously undermined housing development.
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.