GulfCap Real Estate launches housing project in Nairobi's Starehe

GulfCap Real Estate has launched an affordable housing project in Ziwani, Starehe Sub-county. The project, announced on Wednesday, is set to change the landscape of the area by offering modern housing solutions to the residents of Nairobi.

The chairman of GulfCap, Suleiman Shahbal, spoke to Eastleigh Voice at the launch event. He emphasised that the project aims to create not just apartments but a comprehensive, modern estate with all the necessary facilities for a comfortable lifestyle.

Suleiman outlined plans for a development that includes a swimming pool, basketball courts, playgrounds for children, and social amenities such as learning institutions. The estate will be a gated community with enhanced security.

"We are not just building apartments, we want to change the face of Starehe. The entire area will transform into a modern, green, and safe environment for the residents," said Suleiman.

The ambitious project will consist of 20 blocks with more than 3,400 apartments. The project will be built in stages, with the first phase expected to take two years to complete. Each block will have shops, creating a self-sufficient community for the residents.

The apartment prices will range from Sh2.5 million to Sh8 million, depending on size and design. The housing units will include one-bedroom, two-bedroom, and three-bedroom apartments.

Suleiman Shahbal, the chairman of GulfCap addressing the attendees of the event held at BBS Mall. (Photo: Ahmed Shafat)

Suleiman assured the public that the development would offer high-quality housing solutions that will stand out in Nairobi's real estate market.

"We are building a high-quality product that has not been seen before in Nairobi," he stated.

The launch event was attended by several dignitaries, including Kamukunji Member of Parliament Yusuf Hassan, who was the chief guest. The MP praised the project as the largest housing development ever undertaken in the area.

He highlighted that the benefits of the project would extend beyond Ziwani and positively impact neighbouring constituencies, including Kamukunji.

"This development will not only benefit Ziwani in Starehe but will also have a significant impact on the surrounding areas," Yusuf noted.

He emphasised the importance of such projects, noting that access to decent and affordable housing is a fundamental human right.

Other notable attendees at the event, held at Business Bay Square (BBS) Mall, included Somalia's ambassador to Kenya, Jabril Ibrahim Abdulle, the Chief Executive Officer of the Eastleigh Business District Association, Mohamed Adan, and several other leaders and business figures.

This project is part of the government's broader affordable housing initiative, which seeks to address the growing housing deficit in Nairobi and across the country.