REAL ESTATE NEWS
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The government is set to launch the construction of 30,000 new houses in Nairobi in a move expected to significantly reduce rent rates in the city’s middle- and low-end estates.
5,000 houses will be put up in Shauri Moyo, 20,000 houses in Makongeni, 3,000 in Starehe and 2,000 units in Park Road…
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The Government through the Ministry of Lands has announced that it will introduce a new policy to impose taxes on idle land.
However, the policy will take effect after both the Senate and the National Assembly adopt it.
Speaking in Mombasa on Thursday during the Inaugural Retreat for the…
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It is emerging that commercial banks in Kenya are reluctant to lend cash to real estate developers. This is after it has become increasingly difficult for developers to offload new units, making it hard to service loans taken for development on time. This has made an industry viewed by many as…
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A family from Uasin Gishu has caught the attention of many Kenyans following their rare show of honesty. The family is tracking a man who purchased a prime piece of land from their father 18 years ago, but disappeared.
The late John Tirop Yego sold half an acre piece of land situated near Loreto…
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The National government is set to issue 50,000 title deeds to Nairobi residents, Deputy President William Ruto has announced.
Speaking when he attended a church service at PCEA Evergreen Church in Runda, Nairobi on Sunday, Ruto said the government was keen to solve issues surrounding land ownership…
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Kenya has been named as the favorite property investment hub for Africa's high-net-worth individuals in the continent.
Knight Frank’s Attitudes Survey for The Wealth Report 2018 shows that nearly a quarter (24%) of the continent's super rich own real estate in Kenya - coming third after the United…
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The controversial property auction case involving Sh3 billion land belonging to President Kenyatta's cousin Ngengi Muigai has taken a new twist after the High Court admitted it doesn't have the original consent order that authorized its sale by a bank over a defaulted Sh70 million loan.
Lydiah…
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Thousands of residents in the city have been rendered homeless after the Nairobi county government on Wednesday morning began demolition of condemned buildings in Nairobi’s Zimmerman estate.
Governor Mike Sonko's administration says the exercise will be extended to other estates in Nairobi on…
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The 88 Nairobi Condominium apartments will cost up to Sh480,000 a month to rent.
The 44-storey apartments tower to be located in Nairobi’s Upper Hill area will be among the tallest residential skyscrapers in the region on completion.
Buyers will have to fork out Sh11.5 million and Sh35 million for…
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An upcoming exclusive upmarket estate by Tatu City within its 5,000-acre land in Kiambu county is expected to rival renown Nairobi’s posh neighborhoods such as Muthaiga and Karen.
The proposed project has been assigned a code name - low density area - to signify exclusivity for a few super rich…