ZONING REGULATIONS AND STRATEGIC INVESTOR ATTRACTION IN THE REAL ESTATE SECTOR: PERSPECTIVES FROM NAIROBI CITY COUNTY
Abstract
Purpose of Study: This study aimed to investigate the relationship between zoning regulations and strategic investor attraction in Nairobi’s real estate sector, focusing on land use restrictions, building height limits, and density allowances.
Problem Statement: The real estate sector has been an essential driver of economic growth in many cities, yet the role of zoning regulations in influencing strategic investor attraction remains underexplored in some urban contexts. Zoning regulations, which define land use, building height limits, and density allowances, play a pivotal role in shaping urban development and investor confidence.
Methodology: The study employed a desktop review methodology, which involved synthesizing existing literature on the subject to identify key trends, challenges, and knowledge gaps. The findings reveal that well-structured and consistently enforced zoning regulations provide the necessary clarity and predictability that investors seek, while inconsistent or overly restrictive regulations hinder investment by creating uncertainty.
Result: The study also showed the importance of regulatory coordination, flexibility in zoning policies, and alignment with broader urban planning frameworks to attract investors.
Recommendation: Nairobi’s local government authorities should streamline zoning regulations, integrate them with infrastructure planning, and foster greater coordination between regulatory bodies to enhance investor confidence.
Keywords: Zoning Regulations, Strategic Investor Attraction, Real Estate Sector, Urban Development, Nairobi City County
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