Bahati Ridge Development -Thika town’s premier gated community http://bahatiridge.co.ke

Bahati Ridge Homeowners

By AirKenya

Bahati means luck in Swahili, and that’s what the homeowners on a 90-acre land will get. Originally a coffee estate that the chairman of the project, Mr. Joseph Kibe, bought in 1974 and later transformed into a horticultural farm growing French beans, the housing project will be home to 337 families on completion. Situated in Thika, a mere 45-minute drive from Nairobi's Central Business District (30 minutes on the soon-to-be completed eight lane super-highway), Bahati Ridge presents an exciting selection of townhouses, villas, bungalows and cottages that feature beautiful hill country views, a tranquil rural ambience and a refreshing escape from city chaos. Discerning homeowners will love this 97 acre integrated gated community and all the benefits of country living.

 Bahati Ridge Development Phases 1-4

 

Who owns Bahati Ridge?

Bahati Ridge Development Ltd owns 180 acres of farm property in Thika. The land is popularly known as Bahati Farm. Thika town is about 40 kms north of Nairobi, and is the headquarters of Thika District. Thika is well known for the Chania Falls, Thika Falls and the Ol Donyo Sabuk National Park.

What does the client intend to do with the property?

The directors intend to construct 337 low, medium and high density residential properties together with commercial properties (mixed user development) on 90 acres.
      NEWS!!!    NEWS!!!
Current Bahati Ridge Residential Property Show: Join us this weekend May 2013 for our 2nd Open Day from Thursday 2nd to Sunday 5th of May from 8am - 5pm. Lovely manicured country homes, amazing offers and prizes to be won don't miss out!!! Olengai Townhouse, Bahati Ridge! with Bahati Ridge, Maina Kageni, HassConsult RealEstate, The Property Guide, The Kenya Homes Expo @Bahati Ridge -Thika, Your Paradise Within Grasp! http://buff.ly/12TIu23

1)Olengai TownHouse: Outside is a 2 car parking space, Kitchen yard, a single servant’s quarters, an underground water tank, water pump, a cosy garden and paved walkways. As you ascend to the first floor, you can relax in any of the other 3 Bedrooms, including the en suite Master Bedroom, set apart in your own private space. Olengai TownHouse!

2)At Bahati Ridge we create an environment that allows you to enjoy tranquility, peace of mind and nature.Osotua Villas!
3)The noise and haste of metropolitan Nairobi may fire up your drive to succeed, but your soul also seeks equilibrium in a tranquil setting.Bahati Ridge is ... your paradise within grasp! Eseriani Bungalows!

Who is on the board of Bahati Ridge Development Company?

Mr. Joseph Kibe is the Chairman; Mr. Gilbert Kibe is the Managing Director of Bahati Ridge Development Limited. Other Directors are, Mrs. Monica Kibe, Mr. Victor Kibe, Ms. Margaret Kibe, Mrs. Josephine Kibe and Mrs. Grace Kibe.

What is 'Bahati Ridges' target market?

Bahati Ridge is a unique, middle income integrated development in Thika on 90 acres of land. The focus of the development is a holistic, wholesome lifestyle that combines residences, shopping, recreational and office facilities. Bahati Ridge is a flagship project for Kenya. The development is designed to set new standards and will be marketed as a destination address.
Pictured below: Bahati Ridge welcomed home lovers to join them at their Open Day from the 23rd to 25th of November 2012.  Meet your neighbors and experience the Country Living Lifestyle, unique to Bahati Ridge, Thika.

 Now you can live your dream at Bahati Ridge: your paradise is within grasp!

What is expected population size of 'Bahati Ridges'?

The master plan, road, water and power networks have all taken into account the expected population in both the residential and commercial facilities of the project. The residential population is expected to be about 2,000 people housed in 337 homes while the commercial population will be roughly 500 people: 200 in the school, 200 in the hospital and 100 staff overall. This gives a total population of about 2,500 people. Vehicle population is expected to be about 700 cars for the residences and 100 cars for the commercial population.

What about the community?

The integrated project has been designed with convenience and security consideration. Within the 95 acre gated community are smaller neighbourhoods/courts with additional perimeter security. In close proximity to the development will be a retail centre, nursery school, hospital, chief's camp and police post.

What are some of the design features of Bahati Ridge?

Bahati Ridge's unique features include: 

• Man-made lakes by the club house, office block and shopping mall
• Water features and/or green spaces in each court
• Beautifully landscaped common areas and open spaces
• Cabro walkways and driveways.
• Solar powered street lighting
• Electrified environmentally-friendly parameter fence
• 24-hour security patrols & CCTV
• Fibre optic underground wiring
• Intercom systems and panic buttons in each home
• Data and cable-ready homes
• Double entry transition gate into property
• Double entry main security gate with security office
• Double gate into each court with guard house

Housing Minister, Hon. Soita Shitanda, Hon. Peter Kenneth, Gatanga MP and assistant minister ministry of Planning and Vision 2030 with the chairman Bahati Ridge, Mr. Joseph Kibe were participants during the project launch.

Culture & Architecture

  Bahati ridge Development Villas and Bungalows model designs 

A mixture of Thika, Green Culture and Great Architecture 

Who are the team of consultants & Architects?

• Project Managers - Pinnacle Projects
• Architects - Dimensions Architects
• Quantity Surveyors - Costwise Associates
• Civil & Structural Engineers - Xenocon Consulting Engineers
• Mechanical & Electrical Engineers - Servconsult
• Physical Planners; Environmental Experts - Townscape Consulting Planners
• Branding & Marketing Consultants - Divergys Limited
• Website Consultant - Ali Hussein
• Advocates - Wainaina Ireri & Mwaniki Gachoka
• Tax Consultants - DCDM
• Graphics Design - Sketches Multimedia
• Graphic Animation – Peter and Simon Dawa

Persons Behind the project Vision 2030

Designed to run in four phases, this is one of the biggest private sector initiatives that fully captures the aspirations of the government’s Vision 2030. The consortia undertaking the project include Lee Karuri, a Nairobi-based architect and director, Dimensions Architects & Interior Designers who are confident that the project will be completed on schedule and within cost and have set strict timelines to deliver.
“For those keen to invest in secure, serene homes complete with all amenities within reach, this is it,” said Mr. Gilbert Kibe, Managing Director, Bahati Ridge. Epco Builders, a reputable company that has successfully completed over 150 major construction projects in the region since 1977, is undertaking the construction work.
The project was launched  at the National Museums of Kenya auditorium Soita Shitanda, Minister for Housing, who said it will be Thika town’s premier gated community. “This project is designed for a broad spectrum of people and will not only help decongest Thika Road but is a model development that needs to be emulated elsewhere,’’ said the minister.
With the project, the benefits of Thika superhighway, East Africa’s model road construction project, have started to emerge. The houses featuring townhouses, villas and bungalows will have a price range of between Sh9 million to Sh15.5million.
A quick glimpse of the interior designs of one of the house categories, Townhouses and Osotua Villas, reveals a meticulously well thought-out plan. A spacious ground floor foyer leads to a guest bedroom, a dining area, a kitchen and an optional attic/study room on the top floor. It also opens up into a lounge with a fireplace that overlooks a terrace where you and your family can enjoy the natural scenery with fresh air and occasional weaverbirds singing. On the first floor you can rest in the privacy of three bedrooms, all ensuite!

To secure the gated community, nothing has been left to chance. The developers have made provision for a police post to enforce 24-hour police patrols.
“Bahati Ridge is an environmentally friendly project that will have a water treatment recycling plant, a rain water harvesting capability and all the houses will be fitted with solar equipment to help supplement the family’s energy requirements,” said Ms Margaret Kibe, the project’s marketing and communications director.
The lead financier and mortgage provider for the project is Commercial Bank of Africa. Other mortgage providers include Housing Finance, Kenya Commercial Bank, S&L mortgages, CFC Stanbic Bank and Family Bank.
The housing project, whose foundation stone was laid in June this year, will incorporate all essential social amenities including an ultra-modern shopping mall complete with a supermarket, restaurants and cafes. It will have an educational centre, medical centre, boutiques, wellness centre, clubhouse and pavilion.

For Sales enquiries Contact:
Margaret W. Kibe
Marketing & Communications Director
Bahati Ridge Development
Tel: 020-8155380/0717049644
Email: info@bahatiridge.co.ke
www.bahatiridge.co.ke

Contact Us
Bahati Ridge Development Ltd Thika
P.O. Box 47739-00100 Nairobi
Tel: +254 20 815 5380 Fax: +254 20 815 5381
Mobile: +254 717 049 644, +254 737 149 644
Email for General Enquiries: info@bahatiridge.co.ke
Email for Sales Enquiries: sales@bahatiridge.co.ke
www.bahatiridge.co.ke
SMS: Sms the word 'BAHATIRIDGE' to 3841
Follow @bahatiridge for updates
Visit our Facebook page here

Affordable Homes beyond Nairobi with Hass Consult -Thika

 Thika Greens Limited, CEO and Co-founder Charles Kibiru

 

Via Capital Business @All rights Reserved.  http://www.capitalfm.co.ke/business/2013/04/buyers-look-beyond-nairobi-for-affordable-homes/

NAIROBI, Kenya, Apr 24 – As land and housing prices in Nairobi continue to escalate, property developers in the metropolis are recording renewed sales strength driven by buyers’ search for affordable luxury living – across first, second and retirement homes.
Properties in the Thika area, categorized as Nairobi’s zone C, recorded the country’s highest percentage increase in sales prices last year, at 22 percent, on an average that moved from Sh7.8 million in 2011 to Sh9.5 million in 2012.
This compared with the almost flat pricing in the previously frenetic Zone A and B suburbs, where sale prices rose between 1 and 2 percent in 2012, according to The Hass Property Index, 2012 annual report.
Hass Consult further reported that the relatively flat sales prices in Nairobi’s mid-town areas of Westlands, Lavington, Riverside, Kilimani and the outer zone areas of Karen, Gigiri, Spring Valley, Lower Kabete, Hill View Estate, Kitisuru, Loresho, Runda and Komarock were a result of the previously steep rise in pricing now reaching the limits of consumers’ spending power.
CEO and Co-founder of Thika Greens Limited Charles Kibiru says that: “Buyers are not ready to spend say Sh35m for a 3 bedroom house in Nairobi’s Runda estate while they could get the same home at less than half price in secure, gated estates outside the city where commuting time has also been greatly reduced by the completion of the ultra-modern 42-kilometre Thika Superhighway.”
He added that increased buyer activity in Thika, which is now a 30 minutes’ drive from Nairobi’s Central Business District, has seen a rise in developers’ interests, with now more than five multi-million real estate projects coming up in a town synonymous with industrial and agricultural activities.
This surge is largely being driven by the increased interest in the affordable luxury lifestyle integrated in developments such as Thika Greens golf city, according to Kibiru.
“The high buying activity in Thika is driven by people who want to live in high-income residential estates in Nairobi, but the cost is three times higher than in developments such as Thika Greens where they can spend about Sh10 million to own a large home compared to Sh30m cost of a similar home in Westlands,” he explained.
“Our pool of customers range from first home owners, second and retirement home seekers, local investors and Kenyans in the Diaspora,” he said.
Thika Greens has been testament to the surging housing demand outside Nairobi.
In three years, the development, across three phases, has run ahead of its original schedule, with all plots in phase one now sold out, 50 percent of phase two sold and 65 percent of phase three sold.
The premier golf estate houses an 18-hole championship golf course, private members’ clubhouse that is also open to non-residents, five and three star hotels, an office park, a world class shopping mall, community centre, retirement village, schools, a hospital and a police station.
“We offer home buyers a serene, luxurious and secure environment as we help actualise the social pillar of Vision 2030 to decongest Nairobi city and other urban centres,” Kibiru said.
He noted that buyers have also been attracted to Thika Greens by the flexible options across buying a built home or buying a plot to build a house to a controlled design.
“Buyers choice seems based on cost savings and convenience. In our phase one and phase three, 100 percent of the buyers are building their own houses, while phase two has attracted mixed interest, with 30 percent of the homes being made available for outright buying,” he said.
The serviced plots in phase one at Thika Greens which were costing a buyer Sh850,000 in 2009 have now appreciated in value to Sh2.2 million, those in phase two and three cost a buyer between Sh4.5 million and Sh7 million, and Sh2.5 million to Sh3 million, respectively.
According to Kibiru, building a house at Thika Greens is the most popular option with buyers as they stand to save and can invest in the building in progressive steps over time.
He confirmed that Thika Greens will deliver up to 4,000 new homes in this fast growing locality within Thika Municipality resulting in value creation of close to Sh60 billion, and thus providing a significant boost to the local economy.
Sales of the development began in 2009, with the focus in the last 2 years on infrastructure and amenities that are now catalyzing home constructions on the site.
About 40 km of the water piping and 33 km the roads have been constructed representing 100 percent of those in phase one and 80 percent of roads in phase two.
The development has so far taken in approximately 10 per cent of Sh53 billion, the estimated cost in investments by both the master developer and home builders, to develop the project to its current status.

Properties: Osero House, Amboseli, kenya with Knightfrank Kenya

Osero House adjacent to the Amboseli National Park Gate. 

It is an exclusive and luxurious property set at the foot of Mount Kilimanjaro,only 5Kms from Kenya's famous Amboseli National Park. *Price on Application
http://search.knightfrank.co.ke/kekn006260

 
- 121.8 hectares, freehold with more than 820m² living space. - Large family & living rooms and spacious dining area with picture windows,all with large open fire places - Spacious balconies and large terraces with great game viewing opportunities - 4 ensuite bedrooms - Swimming pool and Sauna - Special African Art Collection - Two wild-animal watering holes - 3 Staff quarters for more than 8 people

• 24hr security
• Balcony
• Swimming Pool
• Terrace 

Since its inception in 1998, Knight Frank Kenya (KFK) has grown to be a market leader in East Africa, offering leading advice and transaction support to investors, corporates and homeowners for their personal and business property needs. Whether searching for a luxury estate or commercial space, Knight Frank delivers a seamless service from start until completion. Property Agent Mercy Kareithi and Ben Woodhams
 http://www.knightfrank.co.ke/

Bahati Ridge Development Properties. Your Paradise Within Grasp!

Properties: Bahati Ridge Homes. Your Paradise Within Grasp!

All journeys eventually end in the same place, home. ~ Chris Geiger 

Properties: Villas, bungalows and cottages that feature beautiful hill country views, tranquil rural ambiance and refreshing escape from city chaos and lassitude.
Property Development, Architecture & Management; BahatiRidge ©All Rights Reserved

The semi-detached Olengai Townhouses all feature an open plan lounge and dining area, a modern kitchen and four bedrooms. The guest bedroom, located downstairs, comes with its own en suite bathroom. As you ascend to the first floor, you can relax in any of the other three bedrooms, including the master bedroom with en suite bathroom, set apart in your own private space.
Outside is a two-car parking space, kitchen yard, a single servant’s quarters, an underground water tank, water pump, a cosy garden and paved walkways.

No of Total Units       = 52
Units in Phase 1        = 52
Areas:
o  TOTAL               = 142M2
o  Plot Acreage        = Aprox 0.085 Acres

Olengai Townhouses each feature an open plan lounge and dining area, a modern kitchen, and a guest bedroom. As you ascend to the first floor, you can relax in any of the four bedrooms – all with bathrooms en suite, set apart in your own private

space. The outside environs of a townhouse has a two car parking space, kitchen yard, a single DSQ, an underground water tank, a snug garden and paved walkways.

Payment Options

OPTION 1	OPTION 2	OPTION 3
Cash KES	Cash Installments KES	Mortgage* KES
10.5 million	11 million	11.5 million
50% Down Payment at Signing of Letter of Offer 40% Payment after signing of Sales Agreement 10% at handover of the property	20% Down Payment at Signing of Letter of Offer 20% At Signing of Sales Agreement 3 (Three) Payments of  20% at agreed periods until handover of the property	20% Down Payment to Bahati Ridge Development Ltd. 80% Balance paid by Bank at handover of the property

*Bahati Ridge Development Ltd. have negotiated a preferential interest rate with Commercial Bank of Africa: 2% below base rate