Developers raises Sh1.3 billion in Nairobi housing project sales

Matu-Wamae

Clay City Developers chairman Matu Wamae. FILE PHOTO | NMG

Clay City Developers Limited has sold about six percent of its 5,200 affordable houses located at Clay City on Thika Road in Nairobi, raising Sh1.3 billion from the sale.

The Clay City project, which sits on 36 acres is being built through a joint venture between Housing Finance (HF) Development and Investment and Clay Works Limited.

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