How Chatur Family has shaped Nairobi’s Real Estate

In Startup, Success
Bahari Dhow Mombasa

Nairobi owes its lustre partly to a group of unique hardwired Asian families who came to the country armed only with clothes on their backs and an empire state of mind.

The Chatur family, Adil Popat, the Shah family and others including the AgaKhan have transformed Nairobi’s western region offering diverse services from health care to education to hospitality.

In 1977 Mr M.S Chatur and Mrs T.M Chatur set up shop in Nairobi with little to call their own but an electronic appliances and components from a single store, which later grew into 13 branches within Nairobi by 1980.

The couple foresaw a lucrative real-estate market barely budding at the time, and stepped into the waters under the name Chatur Group in 1981.

The Concorde Hotel
The Concorde Hotel

They began with a residential estate development in the Parklands area of Nairobi and organically grew its assets and has steadily amassed several real estate landmarks in Kenya, with over 1.5 million square feet of built-up area representing residential, retail, office, warehouse and leisure facilities, all owned andexpertly managed. The company also holds agricultural land in Kenya.

The Chatur Group has grown to be among the most respected property developers in Kenya. From a staff of 6, the Group has expanded rapidly and now boasts several hundred employees.

Lang'ata apartments
Lang’ata apartments

“The company will continue to develop state of the art residential estates, office and business parks, commercial complexes, warehouses and hotels custom-made for its diverse target market”, promises the management.

Among the Group’s best known landmarks is Diamond Plaza, located in the Parklands area of Nairobi. A truly ideal premise for business convenience, Diamond Plaza is a sprawling business complex boasting an established shopping centre strategically situated at the junction of Masari Road and Fourth Parklands Avenue.

The plaza provides the consumer a one-stop location with a reputation for having availability of just about everything. Set on a 5 acre piece of prime property, the main building within the complex put up in the late 80’s consists of retail, office and residential space spanning 100,000 square feet spread over 8 storeys with apartments on the sixth and seventh floors.

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Over the years, a business tower, minicomplex, food court with an extension square and annexe have been added to this fine business hub, all built with state of the art technology. The diverse product and service offering available at the Diamond Plaza is complimented by the close proximity of a major hospital, grocery stores, fresh produce markets and readily available transport services.

Muthaiga Shopping mall
Muthaiga Shopping mall

Other Chatur properties include The New Muthaiga Shopping Mall, Langata Paradiseapartment’s, Shelly Beach Hotel and Bahari Dhow Beach Villas among many others.

In keeping with its stated objective of providing high quality properties, the Chatur Group has put up a five star hotel on Wangapala Road in the city’s Parklands area. A statement of architectural excellence, the hotel is located within walking distance from The Diamond Plaza Shopping Centre and The Aga Khan University Hospital in Nairobi.

 

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