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Monday, April 23, 2018

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Mohammed Suleiman receiving his Title deed

“Fortune Gardens is one of the best real estate dealers in Kenya, this title deed am holding was issued courtesy of Jiinue Na Plot program which is offered under their promotions. I remember one day when I was walking from Gikomba (One of Nairobi’s mammoth open markets), I saw a big billboard talking about plots for sale along Kangundo Road. I decided to visit their offices which are just located opposite the poster, Wakulima House along Haile Selassie. I was given an exceptional reception, after a conclusive discussion with their marketing executive, I was taken to site viewing using their courtesy vans which was free of charge.

When I came back, I was so impressed, because I found their plots in prime areas which are in developed areas along Kangundo Road. Because I had no cash at the moment, I opted to pay through one of their opportunity offers called ‘Malipo Mdogo Mdogo’ where I was able to pay the land I was interested in through installments for one year. Fortune Gardens supported me through thick and thin to ensure that my vision of owning a plot came to realization, I felt so much blessed when the title was handed over to me.

This real estate firm is the best in terms of quality services and their genuineness is so profound in this land industry. I can now start developing my plot and go ahead with constructing my dreams on this prime plot.”

By Suleiman Mohammed

Kibera – Nairobi Business Person

“Loved purchasing my first ever land with Fortune gardens the process was easy, the steps were explained to me clearly and i got my title deed in no time” – Moses Mwangi

As The Standard writer, on Thu May 26th 2016 correctly hinted, about 14 years ago Kangundo Road was undeniably a lonely land punctuated with bushy shrubs, however today the area is a safe haven with a beehive of development and business activities stretching to almost 24 hour system.

A section along Kangundo Road showing construction of a master class piece of architecture

All and sundry investors should heed the call and start their investment projects because Kangundo Road growth has been a time bomb as supported by the presence of investment firms such as Hass Consult, Stima Investment, Safaricom Sacco Housing Project, Kamulu Heights Estate and Fortune Gardens among others.

The county government of Machakos has also been aggressive through ongoing development project dubbed Machakos Development Program Water And Roads which would see an epic upgrade of the bypass, upgrade of various roads to mortorable  standards, tarmacking of various roads, CCTV Cameras and various water projects.

The value of land (50ft by 100ft ) appreciating from Ksh.35,000 in 2002 to an average of Ksh.700,000 in 2016, a 1900% growth! This defies investment principle of  rule 72 –it takes 7 years for the value of land to double- which should have seen the value go to Ksh.70,000 then to Ksh. 140,000 by now.

A high tech estate along Kangundo Road,

What will be the cost of the same piece of the land after 5 years in the same measurement? This is one of the pertinent questions. However your guess is as good as mine.

Nevertheless having an experience of investing in the same developing area, the best answer to this would be in famous Will Rodgers quote ‘Don’t wait to buy land, buy and wait’. Better still don’t wait, develop it.

Needless to say, as vision 2030 unveils, Kangundo Road with the serene environment developing infrastructure and expanse space will be a lucrative, competitive commercial and residential hub.

This among other factors like proximity to the city will make Machakos a sister city to Nairobi. An upgrade from the current position as a bedroom for city population.

By SK Fortune<

Personal Finance, Real Estate Investment Adviser with Fortune Gardens

Upon realization of success in the area of employment or entrepreneurship, most of the people will start slooking for a proper investment for their profits. Most of investors will shy off the idea of investing in real estate for lack of understanding the benefits linked to it. Consequently, real estate investment has suffered under the cold feet of prospective investors especially in Nairobi.

Real estate is the mother of all long term investment deals which keep on appreciating at the favor of the investor. For instance a plot measuring 50ft by 100ft in 2002 could cost a Kangundo Road resident about Ksh.35,000 only, according to The Standard ,14 years late the same plot will surprisingly cost a whooping Ksh.700,000 today in 2016. A 1900% growth within 14 years! This therefore makes investment principle of rule 72 futile – the rule states that it takes 7 years for the value of investment at a fixed rate of 10% to double. Going by that rule, the same plot mentioned above would fairly cost about Ksh.140,000 in 2016.

Another golden tip on why you should not think twice in real estate investment, is that you don’t need to be rich to join the real estate investment bigwigs. What most investors lose out on tapping a fortune is because they think the money they have is too inconsequential to get them into the real estate business. There are various financing options available to investors with an undying interest in the real estate, which are ranging from bank loans to mortgages and micro-finance savings packages. Just make sure the income or appreciation value of your property surpasses the interest on the loan to avoid putting your fingers on flames.

 

This offer is ideal for

  • Chamas,
  • Individuals,
  • Young Investors,
  • Salaried or wage workers &
  • Upcoming Entreprenuers etc.

In the venture of real estate venture, nothing bests that feeling of being your own boss, the feeling of being a landlord

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