How Road Connectivity Leads to Real Estate Growth

Improved road connectivity ensures that real estate growth is felt in leaps and bounds. In leafy suburbs and well-known estates, the road connectivity is evidently excellent.

It does make sense why in proposed real estate projects of huge proportion, the road network is improved and tarmacked excellently. Road connectivity affects real estate growth in the following ways:

Road connectivity and transport

Excellent road connectivity reduces congestion. Additionally, especially in estates with well-connected road networks, residents have the benefit of transport via the Public Service Vehicle (PSVs).

This helps these residents save on fuel expenses for those having personal means of transport. This is very important, especially with the hike in fuel prices being experienced globally.

In the same vein, school-going children use the Public means of transport and hence arrive at school on time. In estates where the road connectivity is great, accessibility becomes easier in case of emergencies such as fire or ambulances taking people to hospitals.

Accessibility is well enhanced by clear lighting of the road network. It is important to note that with a well-built road network the citizens arrive at their workstations on time and this helps in “building the nation” effectively. 

Healthy living

Walking on pavements, footpaths and on the estates is a great way of keeping fit. This also helps in burning calories and dealing with the modern form of physical ailments which more often than not are preventable with the correct lifestyle choices.

In these residential areas where the road network has been done to “perfection”, pollution is avoided greatly. More so, people can breathe “clean air”. Along these footpaths, the residents do “go green” by planting trees. This helps in the estate's beautification project’.

The measures mentioned above, do go a long way in attracting foreign investors who invest in the environment as it is “conducive” for real estate growth.

Personal finance choices/disciplines

Due to the hike in fuel prices that for sure has been unprecedented, the saving culture has taken an upward trajectory in most homes. The finances for the usage of personal cars for transport have gone into other pressing financial needs. Food as a priority has had to be fixed from the “transport allowance.”

Public Service Vehicles commonly known as “matatu” in Kenya have created employment in a huge way. This has enabled employees of the matatu industry to venture into the real estate business in one way or another.

To be precise, some will go into living in rentals and others will in the future be landlords or even property owners. In regard to those whose personal finance choice has made them start their fitness journey, the gym will accrue profit and revenue and a healthy lifestyle will be established. 

Real estate growth

Real estate as a sector does grow exponentially from a stable and well-connected road network. All social amenities with a poor road network amount to poor service delivery to the citizenry. Road connectivity is crucial in areas where hospitals are stationed.

This in the long run aids in saving lives when ambulances are used. In the same vein, medical supply is able to reach the citizens on time. Goods and services such as agricultural produce will reach the market on time.

Farmers will find profit from their labor and invest in real estate projects. Stadia with great road connectivity ensure fans arrive in the stadia during sports matches safely and return home in peace. With great connectivity of the roads to the stadia as an infrastructure, revenue is raised and sports income is realized for both the County and National Government.

Any property be it land, house, building, or apartment with brilliant road connectivity guarantees that the valuation of the property will increase steadily. In other words, road connectivity is the “perfect recipe” for a stronger economy and real estate growth.

As mentioned above, investors invest in areas where transport and the road network are safe, secure, and credible. In appreciation of the great road network in Kenya, real estate growth and development should be embraced by all Kenyans as they build the Kenyan economy resiliently.

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