Prepare to Face the Worst Housing Deficit Since 2008
According to Housing Permanent Secretary Tirop Kosgey and a report from a government-sponsored survey, the housing deficit currently stands at 550,000 units, which is almost 4 times more than 2008.
CIC Shareholders Advised To Exercise Caution
CIC Insurance Group has today made a public announcement on its plan to acquire property for development purposes. The property is to be acquired by CIC General Insurance Limited and CIC Life Assurance Limited, both wholly owned subsidiaries of CIC Insurance Group in Isinya, Kajiado. Total acreage of these…
Britam is building the tallest Sky-scraper in Kenya, third in Africa
Britam, the company that just had one of the largest re-branding campaigns we've ever seen, is doing something even bigger. The Group has started building what will be the tallest building in Kenya and the third tallest in Africa at a cost of 5 billion shillings to be ready by end of 2015. So long, Times Tower.
Manyatta Rent: Rent Payment Made Easy
It is that time of the month when your rent is due (or almost) and you are rushing to make it to the bank. You do not fully trust the agent’s M-Pesa account and the collecting agent is conveniently elusive, even on a Sunday. Thanks to a piece…
Konza City, the Real Work Begins
Konza city will officially be launched towards the end of the month by the president. This was announced by the PS of Information and Communications during a breakfast meeting this morning at the Laico Regency Hotel. Ground work however, has already started with a number of ministries having already received funds.
How Government Acquisition of Land Works
Your land may become desirable for acquisition by a public body subject to the relevant Minister's discretion. The government must compensate you if this happens according to the Laws of Kenya.
No Waiving On Land Rates
The City Council of Nairobi is no longer waiving rates on land for defaulters. Following a long campaign of waivers and extensions they finally decided to put their foot down. Chief Public Relations Officer Mr. Marube said that since the expiry of the August 31st 2012 deadline of operation clampdown,…
Is the House You Want to Buy Overpriced?
Learning how to determine the open market value of a house will help you know if the seller is charging a fair price
What Exactly is Goodwill?
So you wanted to put up a business stall in town the other day, and when you finally got it, the existing guy asked you to pay up ‘goodwill’, and when the figure was quoted your jaws dropped. There could be possibly two reasons why your jaws dropped.
Buy a Home Before the Prices Get Too High
With studio apartments in Nyali going for as little KES 7.1 million and 4 bedroom massionettes selling for KES 10.5 million off Mombasa Road, this may be the best time to buy a home, in a long time.
1
