REAL ESTATE NEWS
8
Gatundu South Member of Parliament Moses Kuria has appeared to poke holes at one of President Kenyatta's big four agenda.
In a post on social media, Kuria has indirectly suggested that Kenyatta's affordable housing project in unrealistic and unachievable within the set period.
Under the low-cost…
3
The government will from March 1st, 2019 begin deducting 1.5 percent housing levy from all Kenyan workers in the public and private sectors.
Cabinet Secretary for Infrastructure James Macharia says this is after workers’ union and employers agreed to withdraw court cases that sought to block the…
4
The United Nations Office for Project Services (UNOPOS) has set aside Sh1 billion to help Kenya construct 100,000 low-cost housing units.
Unops Executive Director Grete Faremo says the Sh1 billion is the seed funding aimed at wooing other development partners to chip into the project. Faremo says…
5
President Kenyatta has defended the proposed 1.5 percent levy deducted from the salaries of every Kenyan employee to go towards funding the affordable housing project.
President Kenyatta says Kenyans should view the levy as a way of saving rather than a tax even as he assured workers that the cash…
14
A boda-boda operators' self-help group based in Nakuru has shared its success story on how it transformed into a multi-million-shilling housing cooperative from a weekly saving of just Sh100 per member.
In 2015, a team of ten boda-boda riders from Barut, Nakuru West Constituency formed Kianjahi…
5
Kenyan workers have protested the planned deduction of 1.5 percent of their salaries to fund President Kenyatta’s affordable housing plan beginning January 2019.
The Central Organisation of Trade Unions (Cotu) and the Kenya National Union of Teachers (Knut) have vowed to reject the plan until clear…
11
The groundbreaking ceremony for construction of 500,000 affordable housing units will be held in a week's time, President Kenyatta has announced.
Kenyatta says the launch comes after Members of Parliament approved the establishment of Kenya Housing Development Fund, which will be the anchor fund…
3
The multi-million-shilling Grand Manor Hotel located in Nairobi's Gigiri area is set to be demolished following court orders.
In a ruling, the High Court says the hotel owned by Nairobi billionaire Praful Kumar poses a threat to the adjacent United Nations offices and the United States Embassy…
11
President Kenyatta is set to preside over the groundbreaking ceremony for 500,000 low-cost houses on December 11th at Parklands, Nairobi.
Housing Principal Secretary Charles Mwaura says the houses will be constructed between 2019 and 2022 at a total cost of Sh1.3 trillion under the affordable…
7
The government has announced it will demolish more than 3,000 illegal buildings in Nairobi in the coming weeks.
Public Works Principal Secretary Paul Maringa says the structures to be brought down are ones whose owners ignored demolition notices served to them by the National Construction Authority…