REAL ESTATE NEWS

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A boda-boda operators' self-help group based in Nakuru has shared its success story on how it transformed into a multi-million-shilling housing cooperative from a weekly saving of just Sh100 per member. In 2015, a team of ten boda-boda riders from Barut, Nakuru West Constituency formed Kianjahi…
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Kenyan workers have protested the planned deduction of 1.5 percent of their salaries to fund President Kenyatta’s affordable housing plan beginning January 2019. The Central Organisation of Trade Unions (Cotu) and the Kenya National Union of Teachers (Knut) have vowed to reject the plan until clear…
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The groundbreaking ceremony for construction of 500,000 affordable housing units will be held in a week's time, President Kenyatta has announced. Kenyatta says the launch comes after Members of Parliament approved the establishment of Kenya Housing Development Fund, which will be the anchor fund…
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The multi-million-shilling Grand Manor Hotel located in Nairobi's Gigiri area is set to be demolished following court orders. In a ruling, the High Court says the hotel owned by Nairobi billionaire Praful Kumar poses a threat to the adjacent United Nations offices and the United States Embassy…
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President Kenyatta is set to preside over the groundbreaking ceremony for 500,000 low-cost houses on December 11th at Parklands, Nairobi. Housing Principal Secretary Charles Mwaura says the houses will be constructed between 2019 and 2022 at a total cost of Sh1.3 trillion under the affordable…
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The government has announced it will demolish more than 3,000 illegal buildings in Nairobi in the coming weeks. Public Works Principal Secretary Paul Maringa says the structures to be brought down are ones whose owners ignored demolition notices served to them by the National Construction Authority…
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Officers from the Nairobi County government have on Friday arrested the owner of a Nairobi building that caused online uproar over claims that it is unsafe. Caroline Wanjiru, the owner of the seven-storey building under construction in Kayole estate has been arrested following orders from Nairobi…
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A section of Members of Parliament have opposed the planned demolition of Nairobi's  Seefar Apartments over claims that it stands on riparian land. Instead, the MPs want the water reservoir located near Seefar Apartments in Highrise Estate along Mbagathi Way destroyed to save the multi-million…
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The county government of Nairobi has stopped further construction of a visibly defective building in the city and ordered its demolition. In a notice, City Hall has asked the owner to bring down the seven-story building located near Beecentre roundabout along Kayole Spine Rd. "You are hereby…
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Former Ol Kalou MP Erastus Mureithi is set to lose almost all properties registered under his name over a Sh1.6 billion unpaid loan. This comes after Keysian Auctioneers put on sale thirty four parcels of land belonging to Mureithi for failing to service a Sh1.6 billion loan taken from a Nairobi…