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Real Estate

Court Orders Gov’t to Pay Kenyan Tycoon Mike Maina Sh859 Million for Demolishing His Mansion
Real Estate

Court Orders Gov’t to Pay Kenyan Tycoon Mike Maina Sh859 Million for Demolishing His Mansion

A Nairobi court has ordered the government to pay Kenyan tycoon Mike Maina Kamau Sh859 million as compensation for his demolished house. Justice John Mativo made the directive after Maina moved to court seeking to hav…

Apr 16, 2020
Union Directs Kenyans Not to Pay Rent Until Normalcy Returns
Real Estate

Union Directs Kenyans Not to Pay Rent Until Normalcy Returns

The landlords and tenants’ association of Kenya (LATAK) has directed Kenyans not to pay their rent due to the financial difficulties occasioned by the Covid-19 pandemic. In a media briefing on Wednesday, the union’s s…

Apr 15, 2020
Uhuru Makes a Plea to Landlords on Rent Waiver
Real Estate

Uhuru Makes a Plea to Landlords on Rent Waiver

President Kenyatta has appealed to Kenyan landlords to waiver or reduce rent charges for their tenants due to the financial crisis occasioned by the coronavirus pandemic. Uhuru, who addressed the nation from State Hou…

Apr 8, 2020
Another Kenyan Landlord Foregoes Sh100,000 After Waiving Rent for His Tenants
Real Estate

Another Kenyan Landlord Foregoes Sh100,000 After Waiving Rent for His Tenants

Another Kenyan landlord has put smiles on the faces of his tenants after he waived rent due to the coronavirus pandemic. Justus Eleman, who owns a residential property in Lodwar town in Turkana County, asked his tenan…

Apr 4, 2020
Landlords' Association Calls for 3-Month Rent Waiver for Kenyans
Real Estate

Landlords' Association Calls for 3-Month Rent Waiver for Kenyans

The Landlords and Tenants Association of Kenya (LATAK) has called for a three-month rent waiver due to the financial challenges posed by the coronavirus pandemic. Speaking during a media briefing on Wednesday, the ass…

Apr 1, 2020
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7.3 Million Kenyans Are Homeowners According to the 2019 Census
Real Estate

7.3 Million Kenyans Are Homeowners According to the 2019 Census

7.3 million out of the 46.7 million Kenyans are homeowners, according to the final report of the 2019 Population Census. Out of the total 7,379,485 homeowners, 6,387,020 of them own houses in rural areas while those w…

Feb 24, 2020
31-Year-Old Woman Who Conned Kenyans Millions by Selling Non-Existent ‘Simple Homes’ Arrested
Real Estate

31-Year-Old Woman Who Conned Kenyans Millions by Selling Non-Existent ‘Simple Homes’ Arrested

A 31-year-old woman accused of conning Kenyans out of millions of shillings through the sale of non-existent homes has been arrested. Nuzrat Sharif was captured in Nyali, Mombasa County on Friday by detectives from th…

Feb 21, 2020
UK Investors to Develop 80,000 Affordable Houses in Kenya
Real Estate

UK Investors to Develop 80,000 Affordable Houses in Kenya

A group of investors drawn from the United Kingdom have inked a deal to build 80,000 houses under President Kenyatta’s affordable housing project. The deal to develop the new housing units was sealed during the inaugu…

Jan 27, 2020
World Bank, the UK to Build 2,400 Cheap Houses in Naivasha Starting February
Real Estate

World Bank, the UK to Build 2,400 Cheap Houses in Naivasha Starting February

Nakuru Governor Lee Kinyanjui has announced that the construction of over 2,000 houses under the government’s affordable housing project will commence in Naivasha in February 2020. The 2,400 housing units will be put…

Jan 4, 2020
Uhuru Launches Construction of 8,000 UN-Funded Affordable Houses in Mavoko
Real Estate

Uhuru Launches Construction of 8,000 UN-Funded Affordable Houses in Mavoko

President Kenyatta on Friday launched the construction of more than 8,000 houses in Mavoko, Machakos County. The 8,888 houses will be built under Kenyatta’s affordable housing program and their construction will be fu…

Dec 7, 2019
Report: Kenyan Women Using Coca Cola to Kill Unwanted Babies
Real Estate

Report: Kenyan Women Using Coca Cola to Kill Unwanted Babies

Kenyan women who are unable to secure abortions are using Coca Cola and other means to kill unwanted newborn babies, according to human rights activists.  Human rights activists says that mothers in Kenya feed their n…

Nov 26, 2019
Kenyans Seeking to Buy Gov’t Cheap Houses asked to Pay Sh200 Monthly
Real Estate

Kenyans Seeking to Buy Gov’t Cheap Houses asked to Pay Sh200 Monthly

Kenyans who have applied to purchase government-funded cheap houses have been asked to begin making payments of as low as Sh200 per month. The State Department of Housing and Urban Development sent a text message to 2…

Nov 25, 2019
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Boma Yangu: 270,000 Kenyans Register for Cheap Gov't Houses
Real Estate

Boma Yangu: 270,000 Kenyans Register for Cheap Gov't Houses

At least 270,000 Kenyans have registered on Boma Yangu, an online portal that allows people to apply for homes that will be built under the government’s affordable housing scheme. Out of those who have registered for…

Nov 22, 2019
Nairobi’s Jevanjee, Bachelors Estates to be Demolished to Pave Way for 3,000 Affordable Houses
Real Estate

Nairobi’s Jevanjee, Bachelors Estates to be Demolished to Pave Way for 3,000 Affordable Houses

Old houses at Jevanjee and Bachelors estates in Nairobi are set to be demolished to give room for the setting up of 3,000 housing units in the next two years. The current 80 tenants in the two estates will be given Sh…

Nov 20, 2019
Nairobi Landlord Moves Kenyans Online as He Reduces Rent Charges for Tenants
Real Estate

Nairobi Landlord Moves Kenyans Online as He Reduces Rent Charges for Tenants

A Nairobi landlord has moved Kenyans on social media following his decision to reduce monthly rent for his tenants. In a letter dated October 17th, the property’s manager identified as Simon Ngugi asked occupants of M…

Nov 1, 2019
Costliest and Cheapest Places to Buy Land in Nairobi and its Environs
Real Estate

Costliest and Cheapest Places to Buy Land in Nairobi and its Environs

A new report has named areas within Nairobi and its surroundings where land prices are highest and lowest. Kiserian in Kajiado County offered investors the lowest price for an acre of land while Nairobi’s Upper Hill r…

Oct 30, 2019
Former MP Ndung'u Gethenji Arrested in Row over Sh20 Billion Estate
Real Estate

Former MP Ndung'u Gethenji Arrested in Row over Sh20 Billion Estate

Flying Squad detectives on Friday arrested former Tetu Member of Parliament Ndung’u Gethenji at his home in Nairobi. Ndung’u was arrested following eruption of chaos over a dispute for ownership of a multi-billion-shi…

Oct 18, 2019
Mombasa Governor Joho Loses Battle for Sh6 Billion Prime Land in Nairobi
Real Estate

Mombasa Governor Joho Loses Battle for Sh6 Billion Prime Land in Nairobi

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 Ngo…

Oct 16, 2019
Kenyan Tycoon Jimmi Wanjigi Embroiled in Tussle over Sh400 Million Prime Land in Nairobi
Real Estate

Kenyan Tycoon Jimmi Wanjigi Embroiled in Tussle over Sh400 Million Prime Land in Nairobi

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…

Oct 6, 2019
Kenyans Buying Centum Apartments to Get Cheap Loans from Barclays Bank
Real Estate

Kenyans Buying Centum Apartments to Get Cheap Loans from Barclays Bank

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…

Sep 26, 2019
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