REAL ESTATE NEWS

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Dubai-based investors have struck a deal for the setting up of a Sh8 billion mini city at Mang’u in Juja, Kiambu County, along the Nairobi-Thika highway. Capitaland East Africa chief executive officer Rogers Obure, who had travelled to Abu Dhabi in the United Arab Emirates to sign the deal, said…
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The world's super-rich individuals are looking to own property in Kenyan capital Nairobi, a new report shows. Dubbed Inside View Kenya 2018, the report prepared by Knight and Frank shows that Nairobi is on the radar of several High Net Worth Investors (HNWIs) from across the globe. 4 percent of the…
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President Uhuru Kenyatta’s cousin Kathleen Kihanya has claimed ownership of a prime parcel of land where an investment company is developing a Sh1 billion estate for sale. The businesswoman has accused Banda Homes of misleading potential buyers on the land where the company is setting up 120 units…
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Kiambu Governor Ferdinand Waititu is at the centre of a dispute involving a Sh250 million prime property located in Nairobi's Central Business District with a city businessman. Waititu is said to have purchased the building sitting along Nairobi's Koinange Street early this year despite a court…
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The government has revoked the title deed of a parcel of land where Airgate Centre, formerly Taj Mall stands on. The National Land Commission (NLC) ordered the shopping complex owner, Rameshchandra Gorasia to surrender the document for regularisation. NLC maintained part of land where the mall is…
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Kiambu Governor Ferdinand Waititu has reportedly purchased a Sh250 million building located on a prime plot in Nairobi's Central Business District. The building is the one that landed Waititu's wife Susan Wangare in trouble, leading to her dramatic arrest on Wednesday by City Hall officials,…
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Governor Mike Sonko has sent home a county officer alleged to have been behind the approval of two buildings constructed on riparian land in Nairobi. Sonko suspended John Ojwang, an official in the Urban Planning Department for allegedly granting authority for setting up of the South End Mall at…
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The Mombasa County government is set to launch the construction of Sh200 billion affordable houses next month. Mombasa County Land, Housing and Physical Planning executive Edward Dzila Nyale said the low-cost housing project is part of Governor Hassan Joho's plan to cut down the deficit of 380,000…
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A group of Kenyan boda boda operators are putting up an ambitious Sh95 million housing project from Sh50 daily savings. Members of the Nanyuki Bodaboda Saving and Credit Society (NABOSA) are building the houses at Sweetwaters area on the outskirts of Nanyuki town. This project resonates well with…
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Kenyans looking to purchase houses can now have a smile on their faces after President Kenyatta approved law granting them a tax relief. On Wednesday, the President signed into law a Bill giving Kenyans buying houses under the Affordable Housing Program a 15 percent tax relief on stamp duty. The…