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This year has been a busy one for the real estate industry, with projects worth billions of shillings launched or completed. Milestones included the signing of a multi-billion shilling deal between local firm Suraya Property Group, the Government of Kenya and CAD-Fund for the construction of 20,000 houses.
Not to forget the rate-capping step that sent banks back to the drawing board. Many are optimistic that the cap on interest rates charged by lenders will eventually see a change in the approach to mortgages and housing.
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