REAL ESTATE NEWS
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The family of Mombasa Governor Hassan Joho has reportedly lost the battle for a parcel of land in Nairobi valued at Sh6 billion.
This was after an arbitrator ruled that the property located in Jamhuri Estate along Ngong Road, Nairobi belongs to Exclusive Estates Limited (EEL), a company reportedly…
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Kenyan tycoon Jimmi Wanjigi is embroiled in a tussle over the ownership of a prime parcel of land worth over Sh400 million.
While Wanjigi maintains that the one-acre piece of land in Nairobi belongs to him, two other Kenyan businessmen from Kitengela, whose identities are yet to be known,…
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Kenyans seeking to buy apartments from Centum Investment are set to get affordable loans from Barclays Bank of Kenya.
This comes after Barclays Bank signed an agreement with the real estate arm of Centum Investment to finance buyers of homes that being developed in Nairobi and Kilifi at discount…
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National Housing Corporation (NHC) has been ordered to pay a compensation of Sh119 million to a United States company for delays in putting up 230 housing units in Nairobi.
The US Company, Lemna International sued NHC over delays in completing the housing project in Nairobi’s Lang'ata estate.
Lemna…
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Reuben Kimani, CEO, Username Investment Ltd. was awarded The coveted 2019 Realtor Founder of the Year Award during the recently held Founder of the Year Awards Gala Dinner at The Nairobi Cinema. The event brought together extraordinary young founders in different categories ranging from Real Estate…
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Safaricom Investment Cooperative (SIC) has announced the launch of a new real estate project dubbed Zaria Village.
Zaria Village, which will be built off Kiambu-Ruiru bypass, comprises 331 quarter-acre serviced plots that will go for Sh6.95 million each.
The project targets middle and upper middle-…
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Username Investment Ltd. won the coveted 2019 Diaspora Market Land Selling Company Award during the recently held Real Estate Excellence Awards Gala Dinner at Movenpick Hotel in Westlands, Nairobi. The award targeted a real estate company that has been outstanding in positively impacting Kenyans…
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More than 200 homeowners at the posh Sunset Boulevard estate in Athi River are at risk of losing their houses after a local bank announced a plan to auction the property over loan dispute with the developer.
I&M Bank has reportedly ordered auctioneers to put up for sale 204 houses worth Sh2…
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President Kenyatta's affordable housing project has received a major boost after three foreign companies pledged to construct 300,000 units.
Two Qatari companies committed to putting up 200,000 housing units while a Chinese multinational will build 100,000 houses.
The deal for the construction of…
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The construction of what is set to be Africa's tallest skyscraper has been opposed by Tourism Cabinet Secretary Najib Balala.
Balala argued that setting up of a 61-storey building 100 meters from the Turtle Bay beach in Watamu, Kilifi County goes against environmental regulations.
CS Balala wrote…