REAL ESTATE NEWS
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The Nairobi county government has revealed plans to put up 30,000 affordable houses in the current financial year.
The units will be built in four estates including 5,000 in Shauri Moyo, 20,000 in Makongeni, 3,000 in Starehe, and 2,000 in Park Road, Business Daily reports.
Details of the housing…
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The government has announced plans to build 10,000 affordable houses in Nairobi’s Industrial Area.
The State Department of Housing and Urban Development said the units will be constructed on a 56-acre parcel of land that was recently recovered from grabbers.
The land was originally owned by the…
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A new report has named Nairobi’s real estate sector a sanctuary for money launderers and war profiteers in Africa.
The report titled “Looted Funds Used to Buy African Real Estate” was released by The Sentry, an investigative team that follows trails of ill-gotten financial flows across the…
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The government has commenced the process of reclaiming land grabbed from Ngong’ Forest in a move that will see several families lose their homes.
Over 800 homes built on a section of land hived off the forest have been earmarked for demolition, according to Environment and Forestry Cabinet…
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The government is set to allocate 228 low-cost houses whose construction was recently completed in Nairobi’s Ngara estate.
So far, over 300,000 Kenyans have expressed interest in the affordable houses, according to Housing and Urban Development Principal Secretary Charles Hinga.
Hinga said…
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The developer of Tatu City has received approval to proceed with the development of its second phase on a 2,500-acre parcel of land.
The Strategic Environment Assessment approval was granted by the National Environment Management Authority (Nema) and paves the way for the expansion of the city to…
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The government through the Kenya Forest Service (KFS) has urged Kenyans to conduct due diligence before buying land around Ngong’ Road Forest.
KFS said Kenyans are being duped by unscrupulous dealers into acquiring land around Sunvalley Lang’ata and its environs.
The agency added that many Kenyans…
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A landlord from Kiambu County has turned down a request by his tenants to offer them a 50 percent rent waiver amid the Covid-19 pandemic.
Residents of Jowac Apartments had sent the request to their landlord named Wambugu through a letter, saying the stay home order occasioned by the Covid-19…
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A newly released real estate report has listed the most expensive and cheapest estates to buy a home within the Nairobi metropolitan area in the three months to March 2020.
The HassConsult Real Estate report released this week names upmarket Gigiri estate as the most expensive place to purchase a…
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Court Orders Sh30 Billion Estate Left Behind by Mbiyu Koinange Shared Equally Among 12 Beneficiaries
The High Court has ordered the late Kenyan Cabinet Minister Paul Mbiyu Koinange’s multi-billion-shilling estate be shared equally among 12 beneficiaries
The ruling delivered by Justice Aggrey Muchelule on Thursday, May 7th, ended the 40-year-old fight for the property left behind by Koinanage.…