This is part of a series of articles from The ABC of REAL ESTATE investment in Kenya. Buying land in Kenya involves a high risk of fraud nowadays. This has made it necessary to be thorough in the land buying process to ensure that…
The cost of building materials may go down, given the recent fall in interest rates and fuel prices. Cement, galvanised sheets, concrete tiles and steel rod prices are likely to drop as soon as these new market trends gain traction. According to DEVKI Group…
The ongoing revision of a 64 year-old law may spell doom for some players in the building and construction industry. The government is currently reviewing the Architects and Quantity Surveyors Act in a bid to update the ledger’s guidelines. The Act, which was last…
Housing Finance is set to receive a USD 16 million loan from the IFC which will be used to fund the construction of environmentally friendly real estate projects. The proposed initiative will be used to finance buyers and builders who incorporate solar power and water conservation.
After a long day's work, going home, your own home is probably one of the most fulfilling thing most people would want to experience in their life time. With the growing rate of urban dwelling, the traditional idea of establishing a home in ones ancestral village is fast fading out.
Land owners may be in for a rude awakening as the City Council of Nairobi moves to crack down on those who fail to pay their taxes. The Council issued its final warning yesterday before handing over its books to the Nairobi County Government. The move, dubbed ‘Operation…
CIC Insurance plans to set up an office block in Nairobi with a contract sum worth over Ksh651 million. During last year’s Annual Group Meeting (AGM), the company made plans to increase their share capital to Ksh3 billion by creating 90 million ordinary shares. Over Ksh1 billion has…
This is a follow up post to last week’s article on: Do’s and Don’ts of Buying Land: Involving a Lawyer in a Property Transaction. What are some of the things you should put in mind when dealing with a lawyer in a property transaction?…