BONDO HIGH END ESTATE PLOTS.
This is a project within Bondo municipality in the boarder of Uloma and Nyakasumbi. It is on frontage
of Ukwala-Bondo road which is partly tarmacked up to past Bondo University fence and then the rest
in murram condition. The land is considered as peri-urban land and it is freehold. The land is not far
from River Yala which is the major source of water infrastructure for Bondo town. It is defined for
residential and commercial use. The land is subdivided into 39 well organized plots of an 1/8th acre
(0.05Ha) sizes with 9m road serving each plot. We also have ready house designs for anyone who
would want to engage our architecture for house drawings.
Google pin location.
https://www.google.com/maps/place/0%C2%B003'42.6%22S+34%C2%
B015'05.5%22E/@-
0.075394,34.2152794,12.71z/data=!4m4!3m3!8m2!3d-
0.0618226!4d34.2515304?hl=en&entry=ttu&g_ep=EgoyMDI1MDEyMC4
wIKXMDSoASAFQAw%3D%3D
Price
Price list
● Price: Kshs 750,000 only (Deposit Kshs.250, 000 balance within 3 months)
●An installment payment option of 6 and 12 months is also available as detailed below
Reservation fee for each plot is Ksh. 50,000 only which is price inclusive. This price is all-inclusive
of legal fees, stamp duty and title transfer fees. There are no hidden charges.
Financing from Equity Bank.
The project is partly financed by Equity bank. In line with this, any plot buyer who is unable to
complete the payment after paying the plot deposit can be financed by Equity Bank using the same
plot title as collateral for the loan. The condition of getting loan will be to demonstrate the ability to
repay the loan.
Information about Bondo Municipality.
Bondo Municipality is strategically positioned in Siaya county. It lies at the intersection of Kisian –
Bondo-Usenge and Lwanda Kotieno-Bondo Siaya roads in Bondo Sub-County. It has vast
opportunities that gives it a competitive advantage for growth and development. Among these
includes its strategic location with regional connection to Kisumu city, Homabay town and Mbita
through the Lake, Migori and Busia counties to Uganda.
According to 2019 census, Bondo Municipality has serious demand for housing. This comes as a
result of increasing urban population of the municipality that is expected to triple within a very short
time due to huge influx of students in the university, tertiary colleges and surrounding schools which
has created demand for housing for the lecturers, teachers and students.
Reasons why IBOUNTY is coming in.
IBOUNTY is coming to Bondo to try to address this housing challenge above which requires
attention to both private and the public stakeholders. We are promising to work on ways of activating
affordable and well-planned land for housing development to enable the residents of the municipality
to access decent living conditions, which is their basic right and provision of quality residential
neighborhoods. IBOUNTY is going to bring convenience in land acquisition and possibly have
financing arrangement with our bank to enable our investors access credit facilities which will enable
them to acquire and develop their land with a lot of ease.
Reasons for investing here.
The following should influence your decision if you are buying land here for commercial or residential
purposes.
Presence of the University near the area.
Proximity to Kisumu City and Kisumu international airport.
Quality of service roads serving the land.
Availability of electricity and water.
Good security of the area being less than 2kms from Bondo police post.
Good public schools and private primary schools.
Availability of auxiliary services such as leading banks in town, good open-air market, Bondo
District Hospital and private hospital clinics, mainstream churches, good road transport
network and Migwena recreational center for sports.
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