REAL ESTATE NEWS
1
President Kenyatta on Tuesday signed into law the Supplementary Appropriation Bill No. 2 of 2018.
The law requires the National Treasury to issue Sh47 billion from the Consolidated Fund for the provision of various government services in the current financial year.
The allocations in the new law…
8
A section of Seefar Apartments' house owners have began moving out after the government issued a 30-day demolition notice last week.
Some trucks have been spotted shipping out items from the 12-storey apartments located in Nairobi's Nyayo Highrise Estate as owners rush to salvage the little they…
9
Details of how Deputy President William Ruto used the title deed of the land where Weston Hotel sits to secure a loan of Sh1.3 Billion from two Kenyan banks have emerged.
The Deputy President borrowed Sh100 million from Equity Bank in 2011 using the title deed as security and a further Sh1.25…
2
Nairobi Governor Mike Sonko has revealed plans by his administration to built 200,000 low-cost housing units in the next five years for sale to city residents.
Sonko said the project is in line with President Kenyatta's big four agenda and will see units sold to residents at between Sh1 million and…
4
The late Nyeri Governor Nderitu Gachagua's family has moved to court to block the government's intention to demolish a building in Nairobi whose value is estimated at Sh1.2 billion.
Gachagua, who passed away in February 2017, constructed the building in 2009 after purchasing the land where it sits…
8
An expensive shopping mall located in Nairobi's upmarket Runda estate has announced it is offering free space in a move aimed at attracting tenants.
This comes after the mall allegedly failed to attract businesses in what spells trouble for property developers in the Kenyan capital.
A release…
3
The government has issued a 14-day notice to owners of Seefar Apartments in Nairobi's Nyayo Highrise estate to bring the building down.
In a notice on Friday, the National Environment Management Authority (Nema) and Water Resource Authority (WRA) ordered the property's developer, Edermann Property…
10
Top Chinese companies have lined up billions of shillings for President Uhuru's cheap houses set to be built in Nairobi.
The firms are jostling for the tender worth billions of shillings for the construction of 1, 500 low-cost housing units in Nairobi’s Park Road for sale to workers.
Six Chinese…
21
Details about a mabati-made estate in Kitengela belonging to President Kenyatta's family have emerged.
The iron sheet estate, located in Kitengela area along Namanga Rd in Kajiado County rakes in millions of shillings per year for the first family, Standard Digital reports.
Dubbed "Kwa Uhuru", the…
18
Veteran Kenyan architect David Mutiso has shocked many Kenyans after explaining what inspired him when designing the Kenyatta International Conference Centre (KICC) about 50 years ago.
Speaking in an interview with Citizen TV, Mutiso said he was inspired by a donkey’s erect penis when drawing the…
