In Kenya, there are several real estate developers that have been successful in their craft. These are the top 10 real estate developers in Kenya;
1. Vaal Real Estate
Vaal Real Estate is a well-established successful brand that aims to reduce the inconveniences that are experienced while searching for and buying houses. The Developers are working on changing the market by exploring and targeting the major needs of potential homeowners.
VAAL Real Estate Developers have several well-recognized projects including;
- The Moon valley apartments in Kileleshwa.
- The Rosewood Avenue apartments in Kilimani.
They also have several upcoming development projects in Riverside, Westlands.
2. Avic International
Recognized for the construction of Terminal 4 at Jomo Kenyatta International Airport (JKIA) and the Greenfield Airport, AVIC International Holding Corporation is one of the major players in the real estate and property sector.
The company has developed major projects like;
- 3-bedroom flats along Laikipia Road.
- 2-bedroom flats on Laikipia Road.
- 2-bedroom apartments in Kileleshwa.
AVIC International also dabbles in the electronics, hotel, aviation, trade and commodities sectors.
3. Kings Developers
Founded as one of the subsidiaries of the Royal Group of Companies and incepted in 2009, The Kings Developers Company is associated with the development of top-tier residential, retail, and commercial properties.
As a Kenyan-owned real estate development company, Kings Developers Limited is one of the leading home development companies in East Africa.
Kings Developers have numerous projects to their name, including;
- 2-bedroom flats in Syokimau.
- 3-bedroom flats at Kings Sherwood kilimani.
- 3-bedroom apartments in Imara Daima.
- 3-bedroom flats in Eldoret South.
- 4-bedroom apartments with office space in Argwings Kodhek Hurlingham.
- 6-bedroom townhouse in Eldoret.
4. South River Development Company
South River Developers are one of the regional providers that aim to deliver affordable households as well as promote the economic development of the country. The company is majorly recognized for the silver harbour apartments in Kilimani.
5. Elegant Properties
Elegant Properties shook the real estate market by delivering affordable prices while also maintaining amazing finishes and incorporating a wide selection of amenities. The company aims to provide innovative properties by setting a new standard for quality and design in the reals estate market.
Elegant Properties has some major projects in its arsenal, namely;
- Skynest Apartments in Mkungu, Nairobi.
- Donyo Apartments along Sabuk Lane, Nairobi.
- Golden sand resort along Diani Beach Road.
6. TRV Group
Concentrated on mostly Nairobi, TRV Group has made major investments in Parklands, Westlands, Kileleshwa, Ruiru, Kilimani, and Ruaka.
The company is based in Westlands and they purchase properties and develop them into high-quality residential and commercial properties. The company has several projects that add credentials to its reputation with the major project being the TRV Center along Parklands Avenue, Nairobi.
There are other real estate developers in Kenya that are not based in Nairobi and that have also accomplished great feats within the real estate market in Kenya. These developers include;
7. Optiven Limited
Optiven Limited is mostly known for its association with the sale of land properties for commercial purposes, residential settlement, and futuristic capital gain.
Optiven Limited is one of the leading real estate companies in Kenya and has various plots in Machakos, Kiambu, Thika, Naivasha, Kitengela, Nyeri, Konza and Kajiado. The company’s most recognized properties are;
- Kumpa Springs in Kajiado.
- Hekima Gardens Phase 3 in Nyeri.
- Malindi City Breeze Phase 4 in Malindi.
- Praise Gardens Riat in Kisumu
8. Mizizi Africa Homes Limited
Mizizi Africa Homes Limited is one of the leading property development companies in Kenya that aims to provide high-quality homes and investment solutions to the population at affordable prices.
The company is committed to building a solid foundation for families and the future generation of Kenya. Mizizi Africa Homes has a number of projects under its belts but the most recognizable ones are the;
- Kijani Kibichi Ridge Villas in Diani.
- Falcon Hill Maisonettes and Bungalows in Juja.
9. Lesedi Developers
With 4 Years of Operation and having given over 4,000 title deeds, Lesedi Developers has established itself as one of the best real estate development companies in Kenya.
The company prides itself on providing quality properties at affordable prices and has completed over 38 projects. The most recent projects are;
- Applewood Court in Malaba, Thika.
- Amani Court in Nakuru.
- Almasi Court along Kenyatta Road.
- Salama Greens Estate in Thika.
10. Canaan Developers Limited
Established recently in 2015, Canaan Developers Limited is a branch company of the Canaan East Group of Companies that prides itself on delivering exceptional projects. The company is planted its roots deep into the real estate market and is highly recognised for its strong project execution and quality construction.
Canaan Developers Limited has several successful architectural achievements in both the residential and industrial sections. The most noticed projects include;
- Canaan Factories Limited in Nyambari, Kiambu.
- Royal Tulip Canaan, a 4-star hotel in Nairobi.
- Grand Riverside along Riverside Drive, Nairobi.
Conclusion
While real estate development is considered a risk in the development industry, the business has various merits including the improvement of the development of locations, making areas with harsh conditions habitable and also the oversimplification of purchasing properties to the public.
The real estate community has led to the improvement of development in many areas across Kenya and has brought affordable housing solutions to many Kenyans and the practice is well-established in society as a great business opportunity.
