DUT TOWNHOUSE DEVELOPER SYSTEM

The DUT -- Town House Developer (THD) System is part of the Diaspora University development plan. The system is designed to develop 3,500 townhouses under a DUT -- Townhouse Investment and Development Agreement (THIDA) to meet the rights enshrined in the Constitution of Kenya in Articles 42, 43, and 53, creating 15,000 jobs and developing a town of 25,000 residents.

42. Every person has the right to a clean and healthy environment

43. (1) Every person has the right---

(b) to accessible and adequate housing, and to reasonable standards of sanitation;

(d) to clean and safe water in adequate quantities;

53. (1) Every child has the right---

(c) to basic nutrition, shelter, and health care;

The 3,500 townhouses will provide housing for some of the 25,000 residents who will live in Diaspora University Town as they work in the Town Departments, Diaspora University, Diaspora University Hospital, and in the diverse MSMEs that open at DUT and in DUT's proximity.

THE DESIGN

Townhouse Design

DUT TOWNHOUSE INVESTMENT AND DEVELOPMENT AGREEMENT (THIDA)

The DUT -- THIDA is a system for developing and owning the 3,500 townhouses and ensuring the right to a clean and healthy environment is upheld.

Click here to read the THIDA
THIDA System Diagram

Bank loan products that a Developer can apply to finance Ksh 750,000.

  • NCBA Bank - Personal Loan
  • Cooperative Bank - Personal Loan
  • Equity Bank - Personal Loan
  • KCB Bank - Personal Loan
  • DTB Bank - Personal Loan

One can also finance through their SACCO or bank,

3,500 TOWNHOUSES DEVELOPMENT AND CONSTRUCTION

The townhouse incorporates the following development, approval, and construction plans:

  1. Master Development Plan (MDP)

    This is completed. The MDP includes the THIDA System.

  2. THIDA System Adoption

    Adopted through the signing of the first THIDA documents by over 300 persons in the U.S. in 2014-2015.

  3. Development Plan approval.

    In accordance with Article 185(4) of the Constitution of Kenya, the University Town Development Plan, including the Townhouses Development Plan, was submitted to the Taita Taveta County Assembly for approval. The plan was approved in 2015.

  4. Townhouse draft, preliminary, and detailed designs

    Completed by Architect Rose Dama. Reviewed by Prof. Dr. David Ogoli, DUT Lead Architect.

  5. Land

    The approved plan receives 1,500 acres of land through a Land Grant to establish the Diaspora University Trust (DUT). 3,778 plots are established in accordance with the plan, and 3,500 plots are townhouses.

  6. Strategic Environment Assessment (SEA)

    National Environment Management Agency (NEMA) Strategic Environment Assessment (SEA) done 2018 -2019. Approval granted 2019.

  7. Physical Planning

    Physical Planning was conducted and submitted to the County Government in accordance with the 2019 Act for 3,778 plots and a 60km road network.

  8. Environment, Social & Impact Assessment (ESIA)

    The ESIA for 574 townhouses and a 12 km road has been completed. ESIA of 2,926 townhouses, several MSMEs and organization buildings, and 48 km of road/Infrastructure ongoing.

  9. Design-Build plan

    The design-build plan for 3,500 townhouses and 60 km roads is set up as follows:

    • 175 Contracts of 20 houses. Each contract will be completed in 16 weeks.
    • 20 Contracts of 3 km. Each contract is completed in 12 weeks.

    County Building Approvals will be done progressively.

    All contracts are completed within 5 years of the construction start date.

3,500 townhouses, estimated design-build budget is Ksh 22.5 billion (Ksh 6.5 million per unit)

Construction financed by DUT. Completed house financed by Banks and SACCOs

505 Developer Files are open. The 505 developers are developing 1,320 units.

2,180 available for Allocation. Open your file today.

COMPLETED HOUSES MORTGAGE FINANCE

A developer has two options once the townhouse is complete:

  1. Get a mortgage.
  2. Sell the townhouse.

Best Mortgage Product

KMRC Mortgage Issued through 27 financial institutions

  • Up to Ksh 10.5 million
  • 105% financing
  • 9% Interest
  • 25 Years

COMPLETED TOWNHOUSE USERS

Users of the Townhouses will be persons taking up the 20,000 jobs, or Diaspora University Students

20,000 Jobs

  • Diaspora University Town Departments (500 Jobs)
  • Diaspora University (1,000 Jobs)
  • Diaspora University Medical Hospital (1,500 Jobs)
  • Design-Build MSME (2,000 Jobs)
  • Daktari Biotechnology Ltd (500 Jobs)
  • DUT Credit Ltd (300 Jobs)
  • 300 DUT SMEs open at DUT (9,200 Jobs)
  • 30 Ndara B Community MSMEs (5,000 Jobs)

COMPLETED TOWNHOUSE LEASE TO DIASPORA UNIVERSITY

All houses not occupied by the owners will be leased to Diaspora University at Ksh 65,000 per month.

The lease amount can cover the monthly mortgage payment for mortgages of up to Ksh 7.4 million issued through the KMRC product.

COMPLETED HOUSE SELL AT COMPLETION

The Developer can sell the house. Get back their Ksh 750,000, and make a profit.

  • Year 1 Sell Price. Ksh 8 million
  • Year 2 Sell Price Ksh 8.5 million
  • Year 3 Sell Price Ksh 9 million
  • Year 4 Sell Price Ksh 9.5 million
  • Year 5 onward Market Price.

Year 1 of Completed Houses shall start when the first units are completed.

Buyers of the townhouse will be individuals taking up the 15,000 jobs at Diaspora University Town.

The Market value of the Townhouses is projected to exceed Ksh 15 million in the 10th year after completion.

CREATING A JOB BY BECOMING A DUT TOWNHOUSE DEVELOPER.

3,500 of the 15,000 jobs will be awarded by the townhouse developers based on the units they are developing.

Job Creation

FOUNDER OF DIASPORA UNIVERSITY

Every person who joins DUT and opens a Townhouse Developer file becomes a Founder of the University.

Currently, 505 Townhouse Developer files are open.

The 505 persons who have opened the Townhouse Developer files are founders of Diaspora University.

OPENING OF MSME OR ORGANIZATION

Townhouse Developers with open files and who have completed their Townhouse Capital input will have the first opportunity to express interest in establishing approximately 300 MSMEs at DUT.

BECOME A DUT TOWNHOUSE DEVELOPER.

There are about 9 million Generation Z Kenyans (Born 1997 – 2012). If you would like to create 20,000 jobs for some of them as you make a return, become a DUT Townhouse developer.

Before proceeding, please confirm the following by checking the box:

Note: Minimum investment is Kshs 750,000 (1 unit) and maximum is Kshs 3,000,000 (4 units).

KES

For More Information, Contact Us:

Dan Kamau: +254 743 203 168

Edson Murimi: +254 768 290 099

Faith Mwachala: +254 758 140 810

Jackson Kimanzi: +254 743 077 928

750,000 CAPITAL INPUT

Finance your Ksh 750,000 ($6,000) capital input from a SACCO or a Bank in Kenya or abroad:

Examples of Bank Financing in Kenya:

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