REAL ESTATE NEWS

The National government is set to issue 50,000 title deeds to Nairobi residents, Deputy President William Ruto has announced. Speaking when he attended a church service at PCEA Evergreen Church in Runda, Nairobi on Sunday, Ruto said the government was keen to solve issues surrounding land ownership…

Kenya has been named as the favorite property investment hub for Africa's high-net-worth individuals in the continent. Knight Frank’s Attitudes Survey for The Wealth Report 2018 shows that nearly a quarter (24%) of the continent's super rich own real estate in Kenya - coming third after the United…

The controversial property auction case involving Sh3 billion land belonging to President Kenyatta's cousin Ngengi Muigai has taken a new twist after the High Court admitted it doesn't have the original consent order that authorized its sale by a bank over a defaulted Sh70 million loan. Lydiah…

Thousands of residents in the city have been rendered homeless after the Nairobi county government on Wednesday morning began demolition of condemned buildings in Nairobi’s Zimmerman estate. Governor Mike Sonko's administration says the exercise will be extended to other estates in Nairobi on…

The 88 Nairobi Condominium apartments will cost up to Sh480,000 a month to rent. The 44-storey apartments tower to be located in Nairobi’s Upper Hill area will be among the tallest residential skyscrapers in the region on completion. Buyers will have to fork out Sh11.5 million and Sh35 million for…

An upcoming exclusive upmarket estate by Tatu City within its 5,000-acre land in Kiambu county is expected to rival renown Nairobi’s posh neighborhoods such as Muthaiga and Karen. The proposed project has been assigned a code name - low density area - to signify exclusivity for a few super rich…

The family of the late Nyeri governor Nderitu Gachagua has lost a prime parcel of land after National Land Commission (NLC) revoked its title deed. The revocation of the title for the 1.2 acre piece of land located in Nairobi's Lang’ata estate and believed to be worth more than Sh1 billion opens up…

Earnings on investment for residential property is expected to reduce by 3.2 percent this year on reduced demand as a result of uncertainty surrounding the August 8th general elections. A report prepared by Cytonn Real Estate predicts an average total returns of 9.4 per cent compared to 12.6 per…

Details of how a property firm used well calculated tactics to defraud million of shilling from unsuspecting Kenyans, with a promise of huge profits have been unearthed. Armed with a team of aggressive salespersons and endorsement by a popular radio presenter, Property Reality Company (PRC)…

When the government relocated hundreds of people from slums to newly state-built units in a slum upgrade program, many viewed it as a journey from Egypt to Canaan. The smiles on their faces when they received the keys to their new houses told a story of an exodus from Egypt to Canaan, similar to…