NAIROBI, Kenya, April 5 – Ruaraka Diversified Investment Limited (RDIL) will build a Sh1.26 billion housing project at Ngumba Lane, Garden City, in Nairobi.
RDIL is owned by Actis, a United Kingdom (UK) private equity firm that also owns Garden City, an integrated residential, retail, and office (mixed-use) development.
The facility will comprise five apartment blocks (A,B,C, D, and E) with 576 residential units on L.R. No. 29271 plot.
They will feature ground-floor shared facilities, with blocks A and B having one and two bedrooms, and blocks C, D, and E having studio, one-, and two-bedroom units.
Other supporting infrastructures include a swimming pool, parking, and a children’s play area.
“The total project cost will be one billion, two hundred and fifty nine million, two hundred and fifty thousand six hundred (1,259,250,600.63) Kenya shillings out of which a total of 1,259,250 is payable to the authority (NEMA) being the sum of 0.1% as seen in the annexed Bill of Quantities,” an Environmental and Social Impact Assessment (ESIA) Study submitted to the National Environmental Management Authority (NEMA) reveals.
ESIA identifies and addresses possible direct, indirect, and significant adverse environmental and social impacts that may arise from the proposed project.
It will also satisfy both legal and institutional obligations specified under the Environmental Management and Coordination Act (EMCA), 1999, as amended in 2015, and the Environmental (Impact Assessment and Audit) Regulations, 2003, as amended in 2019.
“Therefore, in compliance with the law and to avoid unnecessary conflicts that retard development, the proponent has undertaken this EIA and incorporated environmental concerns as required,” it added.
