NACHU has tapped a real estate firm, Finsco Africa, to launch a housing project in Ruiru.

The National Co-operative Housing Union (NACHU) has tapped real estate firm Finsco Africa to launch a 400-acre project located in Ruiru.

Dubbed Riverline Ridges, the project is currently at the individual title processing stage for the gated community and targets Kenyans seeking to live near Nairobi City.

Finsco Africa CEO John Mwaura said the housing projects will provide Kenyans with investments and ownership options for homes and plots both commercial and residential.

“The project is located behind Spur Mall which makes it ideal for those seeking to work and live near the city,” Mwaura said.

Nachu has partnered with Finsco Africa to manage and market the project as they are key players in the real estate industry in Kenya.

Commenting on the launch, Nachu Chairperson Francis Kamande said the project is also a social impact initiative as it seeks to affordable housing for all.

“NACHU is fixated on making a social impact for Kenyan families by having them realise how easy it is to own a house in urban and rural areas without over-stretching financially,” Kamande said.

Riverline Ridges is a controlled project that will see Kenyans purchase land from Sh2.65milliom.

The partners said the project encourages Kenyans to also participate through their cooperatives, Saccos, and saving groups to purchase land and build houses.

The amenities that enrich the project include water, electricity, perimeter wall for the projects residential estates and security gates.