3,500 TOWNHOUSES DEVELOPMENT

The 3,500 townhouses will be built through a Design-Build Plan that will produce the houses at an estimated budget of Ksh 22.75 billion. Each house budget of Ksh 6.5 million.

The following are completed or ongoing:

• Master Development Plan (MDP) is completed.
• Development Plan approved by Taita Taveta County Assembly in accordance with Kenya Constitution 185 (4).
• Townhouse draft, preliminary and detailed designs completed.
• Strategic Environment Assessment (SEA) is completed and approval granted 2019.
• 3,778 plots and 60km road network physical plan was completed 2023.
• Environment Social & Impact Assessment (ESIA) 574 townhouses and 12 km road is complete. ESIA of 2,926 townhouses and 48 km Road/Infrastructure is ongoing.
• Design-Build plan for 3,500 townhouses development through 175 Contracts of 20 houses. Each contract will be completed in 16 weeks. All contracts completed in 5 years.
• Design-Build plan for 60 km Roads and Infrastructure complete.
• 3,500 townhouses estimated development cost is Ksh 22.5 billion.
• The Ksh 22.5 billion will be financed as 3,500 Mortgages from Sacco’s and Banks.
• The 3,500 townhouses usage plan is through the 15,000 jobs created, 25,000 town residents, and 5,000 university students. The usage is set at Ksh 80,000 per month.
• Building Material supply plan through Ndara B 28 Companies Plan and other suppliers.

DEVELOPER’S OPTIONS AFTER TOWNHOUSE COMPLETION

• Get a mortgage.
• Sell House.

GET MORTGAGE AT COMPLETION

• The mortgage issued will be based on House Construction Cost of Ksh 6.5 million or about $51,000.
• Mortgage will be paid by the rental income from jobs created and the owner's money input. The monthly payment based on the years of mortgage given.

SELL HOUSE AT COMPLETION

The Developer can sell the house, get back the Ksh 750,000 and make a profit of about Ksh 750,000.
The buyer will be the person taking a job at the town.

• 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)
• About 300 SMEs open at DUT (9,200 Jobs)

CREATE JOBS FOR GEN Z! 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.