REAL ESTATE NEWS
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Wealthier Kenyans are selling their large homes in Nairobi's Karen and searching for smaller, quieter spaces as their children leave home.
According to real estate experts, the elderly are currently seeking cosier living quarters with less upkeep. These homeowners are often relocating to places…
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Username Investment Ltd.,the leading real estate company in Kenya has been feted as a top Real Estate Land Seller at Starbrands East Africa Awards 2023-2024 Edition. The award ceremony has taken place at Safari Park Hotel in Nairobi and brought together over 30 different sectors offering a wide…
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The State Department of Housing and Urban Development and investment company Gulf Cap Africa Limited on Monday inked a Sh13 billion deal for the construction of 6,704 affordable housing units in Starehe, Nairobi.
The project, to be implemented in five phases over a 36-month period, is the biggest…
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Kirinyaga Central MP Joseph Gitari has drafted a new bill that seeks to compel land-buying companies to deposit Sh500 million as license fees before they are cleared for registration.
The proposed law seeks to establish an agency that would regulate the proliferation and activities of all land-…
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Since the beginning of the year, Kisumu City has been making headlines as a top area for real estate investments. Most Kenyans in diaspora have been asking about Kisumu and whether they should invest in Kisumu property market now. Well, before answering these investments question, let’s discuss…
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President Ruto says at least 3,900 acres of land have been secured for the construction of affordable houses across the country.
The president indicated that 39 counties have also agreed to partner with the national government to put up low-cost houses.
Under the affordable housing program, the…
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Mwalimu National Sacco has announced it will subdivide its two 14-hectare parcels of land in Juja for sale to its members and the public.
This comes after the Sacco’s preferred single large buyers failed to offer the right price for the property, whose value is estimated at over Sh600 million.
The…
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Real estate company Lesedi Developers has issued a statement following reports that it swindled investors over 1 billion shillings.
Lesedi founding director Geoffrey Kiragu terms the fraud allegations against the company as unfounded and an “injustice to our company's reputation.”
While…
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The management of Cytonn Investments has been summoned by the National Assembly Public Petitions Committee over a Sh7.8 million-a-unit housing project on Kiambu Road.
This comes after some investors petitioned Parliament raising fears that no work has been done despite paying millions of shillings…
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There was grand jubilation and celebration as Username Investments awarded Employee of the Year with a brand new car; a Mercedes Benz C class, for recording an outstanding performance in the past financial year. The grand prize was presented during Username’s 4th Thamini Awards Ceremony held at…
