Safaricom Investment Co-Operative: June 2013

Tuesday 18 June 2013

Updates on Blue Bells Construction- May Monthly Report

It has been exactly one month since the ground was broken at Blue Bells Gardens in Mlolongo.
Construction has already begun on the first phase of the project.

Bookings for the parcels still ongoing, with the prices for 3 bedrooms being at 6.6 million and for the two bedrooms being at 6.2 million.

Updates per block

Block H
The foundation walling is complete.
Block J
The excavation works is completed and the foundation walling at
90% completion level.
Block K
The excavation works is nearly completed with excavation
taking longer due to rock excavation.
Block L
The excavation works is completed and mass concrete blinding
done. Steel fixing is ongoing.
Block M
The construction of foundation walling is in progress.
Block N
The excavation work is at completion 95% completion level.
Block P
Setting out has been done in readiness for excavations to
commence.
Block Q
Laying of steel reinforcement to strip footing is complete and concreting to strip footing ongoing.

Pictures of the site:

Aerial view of the construction site

Construction works ongoing...

The site...

Construction site

The gate house

Main entrance

Wire mesh for concrete reinforcements

Block H foundation complete

Block M foundation complete

Other blocks in progress

Construction materials on site ready for use.

Work in Progress...

The early bird catches the worm... Get yourself a house when they still last!

The Elangata Site Visit- Beautiful places still exist in Kenya!

On Saturday 15th June 2013 we headed out to Kajiado county. The trip started at exactly 7:00 AM and most of the land buyers in this county had come all ready to see the parcels they had bought.

There were 3 buses ready to ferry people to the trip. It was a cold chilly morning but this did not deter the investors who were keen to see the land they had invested in.

The journey was exciting and adventurous for the team that went. We stuck in sand at some point but still had the determination to see the parcels.

After the trip, we were all treated to some mbuzi and Ugali for lunch by the locals there, and at the end of the day, it was a good day.

Safaricom Investment Co-operative has bought several blocks of parcels in Elangata. The parcels have been sold in blocks of 5 acres each, and the prices have been affordable to many, with the latest block going at Kshs. 555,000 per 5 acre block.

But as the price would indicate, this is a remote area, and is about 52 Kms from Namanga road. This is a land that is perfect for speculation, but livestock can be done immediately on the parcel.

Almost all the meat supplied in Nairobi comes from Kajiado county, and we would encourage our buyers to consider this option, and keep a few to sell in the peak seasons especially during the holiday seasons.

Photos of the visit:

Stop over at Maili 46 market

Seasonal river that has brought with it sand.
This sand is said to be the best for construction.

And we stopped to see the beauty in nature....

If I can just get this sand to Nairobi...

Beauty untold, this would be a perfect place for a resort....

Standing on a seasonal river bed....

Keen investors would see a lot of potential in this...

It would be advisable that you take this trip in a 4 wheel drive vehicle...

Unless you are ready for some exercise in pushing...

And more pushing...

But it was fun and adventurous... A lot of team work here...

The roads, for the most part are accessible but not direct to the parcels.

After the trip...

Virgin land not yet tilled, only grazed on...

The terrain...

Black cotton soil...

With green vegetation very good for grazing

The parcels, untold beauty...

Some of the buyers who may have wanted land for immediate development, realized that this was just not the parcel for that. But S.I.C still has parcels that will suit their needs...

Watch this space...

Monday 17 June 2013

Blue Bell Gardens ground breaking event

The ground breaking event took place on 9th May 2013 and was was officiated by Safaricom Ltd CEO Mr. Bob Collymore. Blue Bells Garden is Safaricom’s first housing project and the only one of its kind in Mlolongo.

Sitting on 5 acres next to Great Wall Apartments, Blue Bells Gardens is a high end market residential facility nestled around busy Nairobi-Mombasa Road Highway and within close proximity to Konza’s ICT hub.

The compelling beauty of the proposed new estate is made accessible by the Greater Eastern bypass, 12km from Mombasa Road with easy connection through to Thika Road. This is a project that has been done with the family in mind.

The units are currently selling at 6.2 million for 2 bedrooms and 6.6 million for 3 bedrooms. To book, a buyer is required to pay a deposit of 20% to sign the contract.

Photos of the event