Housing Project

Developer Decries Plight of House Buyers

A former aide of Embu governor Martin Wambora has criticized developers who dishonestly sell houses built on riparian land and road reserves.

Bosco Kiura, who is now in the real estate business, said many homeowners have lost millions of shillings by buying houses on riparian land and road reserves, which are later demolished by the government.

He said various developers dishonestly and through underhand dealings with government officers obtain land in such prohibited areas while knowing they have committed offenses.


Get your daily housing news on your mobile phone : Download from Google Play Store Now

Kiura said owners of such houses constructed on riverbeds,wetlands and grabbed road reserves are suffering, especially in Nairobi, after the properties were pulled down without any compensation.

Kiura is the managing director of Mulberry Holdings Limited. He said the company is selling affordable houses on undisputed and secure areas. They will not be demolished due to encroachment, he said.

Source: REUBEN GITHINJI, The Star.co.ke

Follow Us on Social Media
READ MORE:  Even the resilient luxury housing segment is not immune to Sweden’s property downturn
Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Facebook Auto Publish Powered By : XYZScripts.com
Translate »

You have successfully subscribed to our newsletter

There was an error while trying to send your request. Please try again.

Housing News will use the information you provide on this form to be in touch with you and to provide updates and marketing.