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borehole drilling machine
CategoriesMint Villa Housing tips & tricks

Unfamiliar Rules to Follow Before You Drill a Borehole in Kenya

 

Did you know that cannot drill a borehole without meeting certain conditions and having relevant approvals?

Here are  some of the unfamiliar rules one should put into consideration before drilling a borehole:

hydro-geological survey.

Before drilling a borehole, you need to conduct a hydro-geological survey.

The survey is key in establishing the drilling point, rock structure, and amount of water present beneath. The type of rock structure will determine how much you will spend while the amount of water beneath gives an estimation of feet to be drilled.

Permits and reports

If satisfied with the report, you are required to apply for the required permits and reports.

Four permits are needed before you can drill a borehole even if it is on private property;

1. Water Resource Authority (WRA) permit

if you are satisfied you have water on your property, you must apply for a drilling permit from WRA.

2. Environmental Impact Assessment (EIA)

An EIA report is an examination of the effects of a project on the environment. The purpose of an EIA is to identify both negative and positive impacts of any project on people and the environment.

3. NEMA (National Environment Management Authority of Kenya) Permit

The EIA  report must be approved by the NEMA authorities in order to issue the permit. If the National Environmental Management Authority (NEMA) is satisfied that the proposed drilling will not have undesirable impact on the immediate environment, the organization then issues a license.

The drilling may then commence although in some cases one may require a no-objection letter from the local water services provider and local county permit.

4. Letter of no objection 

With devolution in place, before commencing your project you will also need a letter of no objection from local water service providers and a county permit.

The Bottom line 

The above permits are mandatory for every Kenyan who wants to drill a borehole. They are necessary for regulation since water is a precious commodity. Further, based on surveys and reports, some areas could be unfit for a borehole.

CategoriesMint Villa Housing tips & tricks

6 Ways to Declutter your House

A decluttered house will not only bring peace and calm to your space, it will also save you time. Here are 6 easy ways to start;

1. Allocate decluttering time

Think about the day and time you would like to declutter every day. If you’re new to decluttering, you can slowly build this habit with just  10 -20 minutes a day.

 

2. Donate clothes you never wear – Give away clothes and other stuff you don’t use anymore.

 

3. View your home as a first-time visitor – Enter your home as if you’re visiting a friend’s house for the first time. Write down your first impression of how clean and organized the home is. Then lastly, make the changes.

viewing your home

4. Invest in good-looking ‘clutter’ baskets 

Instead of wasting precious time searching for your items that regularly go missing, you can put them in a storage basket to resolve your issues. Storage baskets can be placed in any room of your home and they will not look out of place.

storage basket

5. Take before and after photos of a small area.

Choose one part of your home like your bedroom and take a photo of a small area. Quickly clean off the items in the photo and take an after photo. Once you see how your home could look, it becomes easier to start decluttering more of your home.

declutter before and after
before and after pictures of a room

 

6. Get help from a friend.  A close friend will be very helpful in this process they’ll help you identify stuff you don’t use anymore they will also help you arrange the house. Above All, make sure that your friend has a clutter-free house.

talking to a friend

The Bottom Line 

A decluttered house will not only enhance productivity in rooms where people want to work but also allow you to entertain guests in a more comfortable environment. Try the ways discussed in the article. Feel free to comment in the box below.

 

 

twinfalls city kangundo road
Categoriestips & tricks

What is Affordable Housing?

 

The definition of affordable changes from country to country or from one individual or household to another. It’s all about your perspective. In this article, we will explore 4 interesting ways you can look at affordability in real estate.

The first and most obvious way is your capacity as the client to not only secure a unit but also finish the payment in due time. What have you budgeted for?

Assuming you had a budget of 7 million for a simple three-bedroom bungalow and you found a 3-bedroom going for 6.5 million. You would call that house affordable right? For the remaining 500k, you can pay closing costs because it’s not included in the purchase price.

Let’s say maybe you just got away with a deal of four million. And your dream is to own the same 3-bedroom bungalow (going for 6.2M). You can pay that first then the rest you can bargain with the developers to give a longer payment period.

Are you a mortgage client? Your affordability will be determined by financiers who examine your credit scores and other factors such as your bank statement. Then if you can afford the down payment which is usually 20% of the purchase price and hope that your job is secure or your business booms till you finish paying that loan, you’re good to go.

Affordability can be looked at using the market-based approach vs the selling price. Take Twin falls city for example a prime investment of ultramodern flat roof bungalows touching along kangundo road going for 6.5M only. This compared to the market price of 7.25 M (according to Kenya Property Centre) is Ksh 750,000 less which one can use to pay closing costs and for moving.

The last perspective of affordability is the amenity-based approach. A house located nearest to amenities such as roads, schools, hospitals, and recreational areas will automatically be more expensive than one in the interior with marram roads and dispensaries and grocery shops located a mile away. However, this is not the case when it comes to Twin falls city. All amenities, schools, police stations roads, name it, are located meters away from that gated community.

The Bottom Line

Whether a property is inexpensive or not  depends on the way you look at it. What is most important to you is the design of the house or the distance from amenities and the workplace? Let us know in the comment box below or contact Mintvilla Housing on 0711082929 or 0708888222.

 

 

 

CategoriesMint Villa Housing tips & tricks

Am i eligible for a mortgage loan?

Kenyans Earning Less than KSh 150k Eligible for KSh 549 Million Mortgage Loans from Co-op Bank

The Kenya Mortgage Refinance Company (KMRC) has given Co-operative Bank a KSh 549.8 million for onward lending. Co-operative Bank will lend the amount to home buyers, thus boosting its mortgage availability and loan accounts Pay attention.

The bank received a KSh 549.8 million loan from KMRC in June 2021 to finance affordable housing mortgage loans. Under the deal, Cooperative bank will lend the money to home buyers earning less than KSh 150,000 per month at single-digit interest rates.

The lender will see mortgage loans increase to KSh 749.8 million upon lending the whole amount received to home buyers.

The move by the lender will boost mortgage availability and loan accounts, which recorded a 3.7% decline to 26,971 in December 2020 from 27,993 in December 2019. The loan from KMRC represents 1.3% of the bank’s total borrowed funds worth KSh 42.9 billion as of December 2021.

The deal between the two parties would increase mortgage uptake and boost homeownership rates in Kenya, which currently stands at 21.3% in urban areas as of 2020, compared to other African countries such as South Africa and Ghana at 53.0% and 47.2%.

The move is also in addition to KMRC’s aggressive efforts to provide affordable home loans to Kenyans through various strategies such as debt sourcing and corporate bonds.

 

CategoriesMint Villa Housing tips & tricks

Investing In Real-Estate

Did you know that the Diaspora remittance inflows by June 2021, amounted to USD 305.9 million? This, in comparison to a study done by Central Bank in 2017 where the remittance was USD 143.9 shows a remarkable increase in investment. Most funds are sent to relatives with real estate, food, education, and health. If you currently live and work abroad one of the best ways to put your money to good use is to invest in real estate. But before you do, here are 5 key things you need to ponder:

What is your plan?

  If you don’t plan, you plan to fail. Having clear strategies in place will deter you from making mistakes that could result in financial loss. Looking forward to investing? Reflect on  the following questions to determine your goal:

  • What is Your Financial Goal?
  • What type of property do you wish to invest in?
  • Which is the best location to invest in?
  • Are you looking to buy a house to live in or rent out?

Should You Seek Finance or Invest Your Own Money?

What is your budget? How much can I afford? Am I going to take out a loan? How much do I have saved for a down payment? The answer to these questions depends on your goals. While cash is King and may land you the best deal, a mortgage gives you flexibility. There is a variety of financing options in the Kenyan market that are tailored to different customers ranging from banks to Saccos. The choice is yours.

What professionals do I need onboard?

Real estate investment is a complex project that requires you to sign contracts and go through procedures. You may need a lawyer to run you through that. To get value for your money you may also bee need to hire a quantity surveyor to determine the real value of a property if the property meets quality standards and the estimated maintenance cost of the property. Lastly, a real estate agent will save you the hustle of finding a house of your preference.

Are you working with a Legitimate Real Estate Agency?

Because real estate investments are risky, do your homework. How do you know you are dealing with a legit real estate company? Consider the following

  • Can someone view the site? Can they hand you a copy of the title to do a title search? Do they have a physical office? Where?
  • What’s the company’s portfolio. Do they have previous successful projects?
  • Do they have a lawyer that oversees the signing of legal documents?
  • What are the customer reviews concerning the company? Can they be trusted?

Conclusion

Real estate is a long-term investment. Take your time, and analyze before investing. Ask friends, consult professionals and grow your network to get more information. Remember, it’s normal to have uncertainties: the process becomes easier once you understand your goal and get the right partners.

Get in touch with Mintvilla today to make this dream a success. Call 0711082929  or email us at homes@mintvillas.co.ke

 

 

 

 

 

 

 

 

Categoriestips & tricks

Amenities around Savanna Greens Estate

Amenities to look for before buying a home

Amenities are the link between the quality of social infrastructure and the wellbeing of residents. They add value and could potentially create a better return on investment. An amenity is a feature or benefit of a spacious property. Amenities are features such as schools, hospitals churches swimming pools and hotels.

Nowadays due to transitions in living spaces and lifestyles, people are accustomed and aspired to live in gated communities.  The primary reason for this is the availability of a gamut of facilities at one stop. New home buyers are giving priority to homes with modernity accompanied by the absolute conveniences of luxury apartments. Though most of the gated communities offer the necessities and comfort facilities, not all of them offer you all the facilities. So while you’re checking the amenities, make sure that every penny invested is beneficial.  If you’re thinking to buy a home in a gated community, the following are indispensable for your comfortable living.

Below is a list of Amenities around our Gated estate, Savanna Greens Estate:

  1. Schools

A home that’s a walking distance of your children is a blessing. You can drop off tour kids on your way to work, and you don’t have to worry about paying bus fare. By walking to and from school your kids become more alert, street smart. Lastly, since the school is nearly your children get more time and energy to do other things play. Learn a hobby do homework study etc.

  • St Peter’s ACK Church
  • Malaa Academy
  • Hillside Junior
  • Thomas Acquires Koma ranch high school
  • St consolata Academy Malaa
  • Brookshine School
  1. Hotels
  • Eastern Ark Hotel
  • The Last Village
  • Katani Resort
  • Wonderland Resort, Koma Hill
  • Mathi Holiday Resort
  • Zaburi Conference and Retreat Nairobi
  • The Rustic Residence
  • Soipogh Getaway Resort
  • The Isabella
  1. Hospitals

When we are young and healthy, we do not think about the health facilities around us. But, as we age, we face a natural decline in health and start thinking about the health facilities around us.  Your health may decline due to lifestyle factors, or you may face health issues just randomly. So, it is essential to living near a hospital so that you can access premium healthcare facilities.

Keeping in mind the same reason, nowadays people look for properties near hospitals, and they are willing to relocate. They like to choose areas where they can easily access hospitals, medical specialists, and other significant infrastructures. There are many benefits of living close to healthcare facilities. Let us look into some of them.

  • Bahati Hospital
  • Ruai Family Hospital
  • Kangundo Level 4
  • Bristol Park Hospital
  • Aga Khan University Medical Center
  1. Churches

For most of us, it’s easier to be a meaningful part of the church gathered—and to partner with the rest of the church scattered—when we live in the same community where our church’s building is located. There are several churches available around Savanna Greens Estate.

  • SDA KBC Church Malaa
  • AIC VOK
  • PCEA Malaa
  • Vessels of honour CCI Malaa
  • Mosque Masjid Hidaa Malaa
  • St Tobias Catholic Church
  • Revival Missions Church
  • Male Covenant Renewal
  • Royal Life Ministry Church

If you are searching for the best and convenient gated community, your scroll ends here! The above mentioned essential and fancy amenities are waiting for you in Savanna Greens Estate.

Get in touch

phone

+(254) 711 08 29 29

Suite 702, 7th Floor, Trance Towers, Tsavo Lane, South B Nairobi, Kenya

email

Homes@mintvillas.co.ke

about us

Mintvilla Housing is a Kenyan based developer of Integrated & Affordable lifestyle communities offering exceptional value to aspiring homeowners

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