An ambitious plan by the Kenyatta family seeks to develop a utopian city, Northlands City, in Ruiru, estimated to cost Ksh500 billion.
In the plan, the family set aside an 11,000-acre farm to set up the real estate haven.
This city will house low-to-high-income residential areas, commercial space, a central business district, schools, an industrial area, and an agricultural zone.
Northlands City will host around 250,000 people from across the country. Consequently, this multi-billion project has attracted Kenyans to invest and relocate to estates near the area.
Other factors attracting Kenyans to the area include the dualling of the Eastern bypass connecting Ruiru and City Cabanas.
"Ruiru Kamakis is one area that attracted buyers in 2022. Several real estate reports indicate that the area will continue attracting more buyers in the next decade.
"The dualling of the Eastern bypass set to be completed in January 2023 has seen land in the area sold at affordable prices despite the increase in value of the parcels." Fanaka Real Estate says.
Commercial plots in Ruiru, Kamakis, go for as low as Ksh4.5 million offering Kenyans an opportunity to purchase the lands before the prices surge.
Some amenities along the mega project further attracting Kenyans seeking to relocate include footbridges, bus stages, speed control measures, and connecting roads.
Ruiru is strategically positioned as it is accessible through the Eastern Bypass, Northern Bypass and Thika Road.
According to a report by the HassConsult for the third quarter of 2022, land prices in satellite towns around Ruiru dropped.
In Ruiru, land prices dropped by 0.1 per cent to Ksh28,500,000.
Speaking to Kenyans.co.ke, Cathrine Khasoa, Corporate Affairs Manager of Option Limited, stated that the shift from Nairobi to satellite areas like Ruiru will be continuous due to the multiple development projects being undertaken.
"The move was expected because of the infrastructural development and it has been in place since the 90s," she stated.
Other areas where Kenyans are buying land in anticipation of benefits offered by Northlands City include Juja Road Farm and Kenyatta Road.
Kenyatta Road is one of the fastest-growing satellite areas in Kiambu County and the Nairobi metropolis, located off the Thika Superhighway.
It is also accessible via Thika Road, Eastern bypass and Northern bypass.
Meanwhile, HassConsult, in its third quarter of 2022 report, indicated that other than Juja, land prices in Kileleshwa, Lavington, Upperhill, and Karen dropped.
Kenyans were said to be more interested in leaving the congested and air-polluted areas for satellites favouring the plantation of trees and clean air.
