Username Investments Issues Over 500 Title Deeds in Nakuru County Setting Stage for Affordable Housing at County Level

Reuben Kimani, CEO, Username Investment Limited issuing a Title Deed to a client who invested in The Hamptons- Nakuru Project.

Username Investment Limited issued over 500 title deeds to clients who bought land in The Hamptons – Nakuru Phase I & II projects during a recently held Title Issuance Ceremony in Sobea Nakuru. This is the first ever Title Issuance Ceremony to be held in Nakuru County compared to the other Title Issuance Ceremonies held by the Company in Nairobi and Machakos Counties. The number of title deeds issued by the company has now increased to over 5,500 since inception in 2013.

“This is a key milestone towards providing affordable land at the county level in our mission to reach out to the current and upcoming generations.  We believe that the Affordable Housing Agenda can be easily achieved when we embrace it at county levels. The Housing Agenda envisions that each county will develop at least 2,000 units per financial year beginning 2018/2019. However, this will not meet the current demand in a county such as Nakuru that requires 10,000 affordable housing units according to the Kenya Bureau of Statistics Report.  The shortfall of 8,000 housing units requires private real estate companies to play their role and help the county governments achieve this agenda.”

“There is a great need to provide a long-term solution to housing that will last for a longer period. At Username, we believe that when individuals own affordable land they can venture into the construction of their own homes in phases and finally settle their families.” Speaking during the Ceremony, Reuben Kimani, CEO Username Investment Ltd. noted that the company focuses on empowering young people to own land that can be comfortably transformed into homes thereby solving the challenge they are currently facing of prolonged renting periods. “Our goal is to make land ownership accessible to all regardless of their income, land suitable for immediate development,” Reuben continued.

“The selection of Nakuru County to pioneer Affordable Housing in Kenya in October by The World Bank is an indication of the potential that lies in this county that is gaining city status. There were diverse factors considered during the selection including infrastructure which favours the development of a region. Nakuru County was advantaged by the upcoming dualling on the Nakuru – Nairobi highway, extension of the Standard Gauge Railway, mega Industrial Park and Kengen’s decision to establish a business park. This means that developments in this county will spring up and it is time every investor owns a piece of land here. We continue to set the pace in offering land close to infrastructural developments that will guarantee investors value for their money”.

Reuben called upon Kenyans to take advantage of the offers extended towards the end of the year by the company and invest in the agricultural rich land in Nakuru. “We are looking forward to having investors till their own land come January next year and build their own homes in this area that enjoys easy access to Nakuru town thanks to the Nakuru – Eldoret highway”, Reuben concluded.

Username is set to hold various Title Issuance Ceremonies in Nakuru County after launching three phases of Springfield- Nakuru located in Sobea along Nakuru- Eldoret highway, 70% of this project has already been sold out. The ceremonies are meant to bring together investors, issue them with title deeds and award them for choosing to invest with the real estate company. The company delivers title deeds in a 6 – 10 months’ duration upon completion of payment.

Username Investment Ltd. presented their closing offer for Springfield – Nakuru Phase III during The Title Issuance Ceremony. The project comes with Kshs. 30,000 discount with a Christmas clearance offer price of Kshs. 399,000 only down from Kshs. 429,000 for all cash buyers. Springfield Nakuru Phase III is strategically located 24km from Nakuru town along the Nakuru-Eldoret highway and 1 Kilometre from the tarmac. You can book the property with Kshs 45,000 and pay the balance in 6 monthly installments. Cash buyers have an opportunity to enter into a Christmas Campaign draw for a chance to win a fully paid holiday trip for 2 to Dubai, Mombasa or Maasai Mara among other amazing prizes. Only a few plots are remaining in this Phase after Phase I & II were successfully sold out in June and July.