Sh3 billion project breaks ground in Kiambu

Cytonn Investments this week broke ground for its second real estate project, a Sh3 billion ambitious development in Ruaka, Kiambu. Set on a four-acre parcel of land, the project dubbed The Alma, is expected to be a comprehensive lifestyle development encompassing 408 modern apartments, with one, two and three bedroom apartment options.

It will also have a commercial facility, a lifestyle clubhouse and an elevated playground for children and ample parking facility. The development targets a capital appreciation of 23 per cent per year during the development period, which is estimated to be two and a half years.