REAL ESTATE NEWS

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The government has warned Kenyans against falling victims to fraudsters who are selling houses under the slum upgrading project in Mavoko, Machakos County. Housing Principal Secretary Charles Hinga in a notice said the unscrupulous individuals are masquerading as developers, with the intent of…
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The government has announced a 10 percent increase in rental charges for all State-owned residential houses.  The State Department of Housing says the hike, which mainly affects civil servants residing in government houses, will take effect from April 1st, 2022. Housing Principal Secretary…
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The US Embassy in Nairobi has signed an eight-year deal to lease a gated estate for its workers in the Kenyan capital. The 90-unit estate christened OBO Kenya Diplomatic Housing is currently under construction in the affluent Rosslyn neighborhood.   Business Daily reports that the estate is…
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The national government has commenced the construction of about 15,000 affordable houses in Mukuru slums in Nairobi. The houses are being put up on a 55-acre parcel of land that was recovered from grabbers along Enterprise Road in Industrial Area. The Sh5 billion property belonging to Kenya…
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The government has launched the construction of 10,500 housing units in Mavoko, Machakos County targeting low, middle, and high-income earners. The housing project dubbed Stoni Athi Waterfront City is being developed on 150-acre land by the National Housing Corporation (NHC) for Sh20 billion…
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A strict savings culture has enabled a group of boda-boda riders in Nanyuki, Laikipia County to build a Sh150 million estate. By saving Sh50 daily, the motorbike operators under the Nanyuki Boda-Boda Sacco (NABOSA) have managed to own permanent houses while creating job opportunities for members.…
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Over 10,000 residents and commercial developers are set to be evicted from a 120-acre parcel of land belonging to Kenyatta University. This comes after the High Court nullified allotment letters issued in 2000 following a directive by then-president Daniel Arap Moi. Following a protracted court…
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The Senate Infrastructure committee has halted the ongoing construction of Sh6 billion Buxton Point Estate in Mombasa over compensation and resettlement issues. The suspension of the housing project follows petitions filed by a section of Mombasa residents, who claim that the development is…
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Former Kiambu Governor William Kabogo is embroiled in a land row with investors of Tatu City. The investors accuse Kabogo of illegally holding five title deeds with the intent of blackmailing them into giving him a stake in the multi-billion-shilling real estate project in Kiambu. Tatu City…
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A multi-million-shilling property belonging to former Naivasha MP John Mututho has been put up for auction. The eight-bedroom double-storey residential house with 17 other single rooms, three toilets, and two bathrooms is located in Riruta Satellite within Nairobi’s Kawangware area. In a notice on…