JOINT VENTURE OPPORTUNITY PROPOSAL

Dear Developer

RE: JOINT VENTURE PROPOSAL

Development of a Gated Community of Mansionettes in Enkasiti, Kitengela

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1. Introduction

We are pleased to present this proposal for a joint venture partnership in the development of a modern gated community of mansionettes located in Enkasiti, Kitengela.

The project sits on a prime 9-acre parcel of land, strategically positioned within one of the fastest-growing residential and investment zones in Kajiado County.

Our goal is to partner with experienced contractors and real estate developers to jointly finance, design, and construct a high-quality residential estate that meets the growing demand for secure, serene, and luxurious suburban living within reach of Nairobi.

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2. Project Overview

Project Name: Enkasiti Greens Gated Community (proposed)

Location: Enkasiti, Kitengela, Kajiado County

Land Size: 9 Acres (Clean Title)

Proposed Development:

• Approximately 60–80 units of 4-bedroom mansionettes (depending on density and plot ratio)

• Each unit with DSQ, ample parking, and private gardens

• Shared amenities including:

o Clubhouse & Gym

o Children’s Play Area

o Borehole & Solar Water Heating

o Perimeter Wall with Electric Fence

o Cabro Paved Roads

o 24-Hour Security

o Green Park Spaces

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3. Market Opportunity

Kitengela remains one of Nairobi’s most attractive suburban real estate markets due to its:

• Proximity to Nairobi CBD (approx. 45 minutes via Expressway)

• Affordability and high housing demand among middle- to upper-middle-income earners

• Improved infrastructure including tarmacked roads, schools, hospitals, and shopping malls

• Strong investor appetite for rental and resale properties in gated communities

With the rising trend of families seeking secure, spacious, and modern homes outside the city, this project presents a profitable and scalable venture for all parties involved.

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4. Joint Venture Structure

We propose a Joint Venture (JV) Agreement structured as follows:

Landowner Contribution:

• Avail the 9-acre parcel as equity contribution to the project.

• Facilitate all approvals and permits related to land ownership.

Developer / Contractor Contribution:

• Provide technical expertise, design, and project execution.

• Mobilize capital and construction financing.

• Manage marketing and sales strategy.

Proposed Profit-Sharing Ratio (Negotiable):

• To be mutually agreed upon based on investment input, risk, and responsibility—

typically Landowner (40%) : Developer/Contractor (60%).

Alternatively, a Build-and-Sell partnership may be structured where profits are shared upon sale of completed units.

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5. Project Timeline (Indicative)

Phase Activity Duration

Phase 1 Feasibility Study & JV Agreement 1 Month

Phase 2 Architectural Design & Approvals 2 Months

Phase 3 Construction (60–80 units) 18–24 Months

Phase 4 Marketing & Sales Concurrent with Construction

Phase 5 Handover & Profit Distribution Upon Completion

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6. Expected Returns

Upon Request

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7. Call to Partnership

We invite you to consider this exclusive joint venture opportunity to co-develop a premium gated community that will set a new standard for modern living in Kitengela.

We are open to negotiating partnership terms, exploring build-and-sell models, or even phased development financing structures depending on mutual interest and capacity.

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8. Next Steps

Interested parties are invited to:

1. Schedule a site visit to the 9-acre parcel in Enkasiti.

2. Review available land ownership documents and project concept plans.

3. Engage in joint feasibility discussions to finalize the JV structure.

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10. Closing Remark

Together, we can transform this prime piece of land into a landmark residential community that delivers both financial rewards and lasting social impact—providing families with beautiful homes in a secure environment.

We look forward to your favorable response and partnership interest. Thank you.

Sincerely, 0724 132856

Megacity Solutions International

#JointVentureOpportunity #realestate