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KSh 32,000,000
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KSh 40,000,000
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KSh 40,000,000
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What Is Offtake in Real Estate, and Why Does It Matter in Affordable Housing?
When we talk about affordable housing, much of the conversation focuses on how many homes can be built and how much they will cost. But there is another question worth asking: who will buy these homes once they are ready? For a property developer, completing a housing project is only part of the job. The money invested in construction still needs to be recovered, loans need to be repaid, and contractors need to be paid. If selling the homes takes longer than expected, the developer can find themselves under financial pressure. This is one reason offtake agreements matter, particularly when private developers partner with the government to deliver affordable housing. But what exactly is offtake, how does it work, and what happens when things do not go according to plan? READ ALSO :
Buying Property in Kenya? Why the Neighbourhood Matters as Much as the House
Parklands Court Ruling: What Property Owners and Buyers Need to Know
How to Find Your Dream Home in Kenya: 8 Things to Look For
Why Are Mortgage Rates Higher in Kenya Than in the USA?
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