Kenya is the top African investment destination for HNWIs.
Tata Value Homes planned to establish green townships near major cities countrywide.
Interest rates capping law is said to be a major impediment to home ownership.
Penthouses are highly sought after due to their privacy and panoramic views of the city.
The firm is seeking to ease portfolio risk and exposure to the stock market.
At 200.1 metres, Britam Tower is the tallest building in Kenya.
Among those expected to make big fortunes are suppliers of alternative building technologies.
Developers adopt unconventional tactics to attract elusive home buyers.
The State has pledged to offer developers about 7,000 acres of land as part of an incentive package.
Stamp duty, 2% to 4% of the property value, is a major expense for home buyers.