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Published stories attached to the Development category.
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Page 13 of 29
M squared, the real estate arm of Intro Holding, announced that its Masyaf Ras Al Hekma destination has reached approximately 41% overall construction completion, with phase one on track for delivery by the end of 2027 and total sales reaching 70% of the project's inventory.
Kenya's affordable housing programme is advancing at sharply different speeds across regions, with over 220,000 units under development but only 14,219 allocated so far, raising concerns that priority is going to the privileged rather than the lowest-income households.
More than 452 Glen Lorne residents in Harare have appealed to President Mnangagwa to stop a housing development on environmentally sensitive land until it is independently assessed.
Regulatory and approval charges across the building process in Lagos are getting closer to 30% of the total cost of some projects, practitioners told Nairametrics, warning that delays add to the burden.
Hilton has signed an agreement with developer Terrace Africa to open the Hilton Garden Inn Harare Highlands, its first hotel in Zimbabwe, as part of the capital's mixed-use Highlands Precinct development.
A nationwide spot-check finds Kenya's affordable housing programme advancing at sharply different speeds, with 14,219 units allocated so far against a 45,000-unit year-end target, amid affordability concerns, vetting delays and stalled contractor payments.
Construction of 790 Kenya Defence Forces housing units at Kwambuzi Military Camp in Nanyuki is 98 per cent complete, part of 3,069 units being built for KDF personnel under a public-private partnership.
Abuja-based K-Haven Luxury Homes and Properties says it will begin property development in Abuja and Lagos, targeting quality construction at reasonable prices and offering diaspora Nigerians managed building projects with progress monitoring.
The Federal Government says it is ready to deepen engagement with TEC Engineering (Nigeria), a China Railway International Group subsidiary, on large-scale housing delivery, urban renewal and public-private partnerships.