NAIROBI (CU)_Over the recent years, the government of Kenya has accelerated its efforts to create an enabling environment for property developers in order to improve the country’s housing affordability. Some of these measures include value-added tax and relief on affordable housing for those developing, acceleration in the issuance of title deeds, as well as the development of roads and other infrastructure. Nevertheless, the industry is finding itself unable to meet the growing demand for houses as a result of several challenges.
According to experts, the lack of cost-effective building methods and reliance on outdates technological solutions are some of the major obstacles reported in the real estate sector of Kenya. Accordingly, developers are called to adopt…
