Tuesday, 3 March 2015

Buy land in Nyamasaria for a variety of ventures that land in Kisumu offers

There are some areas that have a unique ability of supporting numerous investment opportunities and Nyamasaria happens to be one such area. Located along the busy and recently completed Kisumu-Nairobi road, Nyamasaria location has cut a niche for itself as an ultimate choice for investors to pitch tent in land in Kisumu. Recent statistics provided real estate firms indicate that Nyamasaria has one of the most enquiries for land for sale. The formerly dormant area has caught the eyes of investors, both local and foreign who are rushing to get pieces of plots in an area that is slowly becoming a town on its own. In fact, Nyamasaria residents find no need of going to town because they can get all they need within the estate, be it food, supermarkets, restaurants, hotels and even clubs.
Its strategic location (along the main road) makes it a potential commercial hub. With commercial ventures already going on in this location, this is a clear indication of the potential vested in this area. Nyamasaria is home to a number of businesses including Ukwala supermarket, Royal city hotel, and a petrol station. There are many other small enterprises within the area which are doing quite well. With a large number of pieces of plots still available in this prime area, this leaves room for setting up of more business premises.
More and more people are finding Nyamasaria a suitable place to reside in. This calls for construction of more rental units to accommodate the growing number of people seeking to reside in this area. There is need to stretch the estate to the neighboring Kasule and manyatta estates because the area is growing too small for the residents.
This growing number of residents means that there is pressure on the available social amenities like dispensaries, hospitals, schools. This is another opportunity for a scheming investor to come up with such facilities in Nyamasaria and take advantage of the high demand versus the low supply of these facilities. A hospital for instance would be a most welcome idea and would be highly embraced by the local residents. More schools too should be built to accommodate the growing number of children in the area who need learning facilities. In line with these is the need for more hostel facilities and even institutions of higher learning. The neighboring Kisumu polytechnic and the Nairobi university branch located in megacity are tertiary institutions with quite a large number of students in dire need of hostel facilities and Nyamasaria is the best place to offer these accommodation facilities since it is the nearest estate to these institutions.
Nyamasaria estate, like most available land in Kisumu is very suitable for farming activities and even cattle keeping. Previous residents have still maintained these practices and even some newbies are embracing agriculture which is doing quite well in Nyamasaria.
I would therefore urge any investor looking for an investment opportunity in land in Kisumu to give Nyamasaria a try.

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