REAL ESTATE NEWS
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The demolition of illegal buildings in Nairobi is set to resume this week after the National Treasury released funds for the operation.
National Building Inspectorate chairman Moses Nyakiongera says several property owners in the city have refused to bring down condemned structures despite being…
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The government can continue with plans of putting up more than 7,000 housing units in Nairobi's Shauri Moyo estate, the High Court has ruled.
The ruling comes after 300 civil servants moved to court seeking to have the plan stopped until the government provides them with alternative accommodation.…
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Home owners at Nairobi's Seefar Apartments can breath a temporary sigh of relief after the government extended the demolition notice for a period three months.
The Water Resources Management Authority (Warma) has extended the deadline for the demolition by 90 days to pave way for a comprehensive…
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Residents of Nairobi's Seefar Apartments have taken to the streets to protest the planned demolition of their homes.
The more than 200 home owners marched to the National Environmental Management Authority (NEMA) offices demanding for a detailed report on the alleged encroachment of Nairobi…
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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…
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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…
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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…
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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…
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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…
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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…
