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Buffalo hills leisure and golf village
Rank: Chief Joined: 5/31/2011 Posts: 5,121
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sceptic wrote:mwekez@ji wrote:Is there any bank financing this, i hope not i did a search on this land and it has a loan nearly of a billion shillings with k-rep and another society i cant recall the name.Was doing the search on behalf and the said person had already put a booking fee of 100k.I don't if they will give a partial discharge for her piece to free it from the debt. Waah! .... how about the end users (plot buyers), is any of our banks giving the end users mortgages, i so hope not
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Rank: Veteran Joined: 2/21/2012 Posts: 1,739
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@buffallohills, where did you duck to. Talk of real Injustice to your organization.... Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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Rank: Veteran Joined: 3/25/2010 Posts: 939 Location: Nai
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sceptic wrote:mwekez@ji wrote:Is there any bank financing this, i hope not i did a search on this land and it has a loan nearly of a billion shillings with k-rep and another society i cant recall the name.Was doing the search on behalf and the said person had already put a booking fee of 100k.I don't if they will give a partial discharge for her piece to free it from the debt. @sceptic are you serious about the loan? pls post the search here... hio maneno itakuwa ngumu
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Rank: New-farer Joined: 7/18/2010 Posts: 12 Location: nairobi
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jamplu wrote:sceptic wrote:mwekez@ji wrote:Is there any bank financing this, i hope not i did a search on this land and it has a loan nearly of a billion shillings with k-rep and another society i cant recall the name.Was doing the search on behalf and the said person had already put a booking fee of 100k.I don't if they will give a partial discharge for her piece to free it from the debt. @sceptic are you serious about the loan? pls post the search here... hio maneno itakuwa ngumu If you have interests in the land please conduct the search and ascertain for yourself.Cant post it here because the copy is now with the client.Kamuthi Co-operative society who are the sellers/developers for bufallo hills have a loan of ksh.760,000,000 with k-rep bank and 200,000,000(+) with the co-operative name i cant recall.
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Rank: Veteran Joined: 3/25/2010 Posts: 939 Location: Nai
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sceptic wrote:jamplu wrote:sceptic wrote:mwekez@ji wrote:Is there any bank financing this, i hope not i did a search on this land and it has a loan nearly of a billion shillings with k-rep and another society i cant recall the name.Was doing the search on behalf and the said person had already put a booking fee of 100k.I don't if they will give a partial discharge for her piece to free it from the debt. @sceptic are you serious about the loan? pls post the search here... hio maneno itakuwa ngumu If you have interests in the land please conduct the search and ascertain for yourself.Cant post it here because the copy is now with the client.Kamuthi Co-operative society who are the sellers/developers for bufallo hills have a loan of ksh.760,000,000 with k-rep bank and 200,000,000(+) with the co-operative name i cant recall. @Buffalohills ... those figures seem pretty huge can you explain or its above your pay grade??
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Rank: Veteran Joined: 2/21/2012 Posts: 1,739
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Dear Lord, be with us. Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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Rank: Member Joined: 6/10/2006 Posts: 201 Location: Nairobi
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sceptic wrote:jamplu wrote:sceptic wrote:mwekez@ji wrote:Is there any bank financing this, i hope not i did a search on this land and it has a loan nearly of a billion shillings with k-rep and another society i cant recall the name.Was doing the search on behalf and the said person had already put a booking fee of 100k.I don't if they will give a partial discharge for her piece to free it from the debt. @sceptic are you serious about the loan? pls post the search here... hio maneno itakuwa ngumu If you have interests in the land please conduct the search and ascertain for yourself.Cant post it here because the copy is now with the client.Kamuthi Co-operative society who are the sellers/developers for bufallo hills have a loan of ksh.760,000,000 with k-rep bank and 200,000,000(+) with the co-operative name i cant recall. This could be true because at the last AGM, shareholders authorized the directors of Kamuthi to take a loan of 1B to finance infrastructure development. The question is whether the money will be put to its intended use....they have another AGM coming up on the 24th of November, 2012.
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Rank: Veteran Joined: 2/21/2012 Posts: 1,739
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......and one of Agendas of the day on 24th AGM, as per the Advert on last week's (Thursday?) nation is to "Request Society members for additional borrowing Powers". Not being Pessimistic, but I smell a rat. And where did @Buffallo Hills go to? Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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Rank: Member Joined: 3/12/2011 Posts: 108
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sceptic wrote:jamplu wrote:sceptic wrote:mwekez@ji wrote:Is there any bank financing this, i hope not i did a search on this land and it has a loan nearly of a billion shillings with k-rep and another society i cant recall the name.Was doing the search on behalf and the said person had already put a booking fee of 100k.I don't if they will give a partial discharge for her piece to free it from the debt. @sceptic are you serious about the loan? pls post the search here... hio maneno itakuwa ngumu If you have interests in the land please conduct the search and ascertain for yourself.Cant post it here because the copy is now with the client.Kamuthi Co-operative society who are the sellers/developers for bufallo hills have a loan of ksh.760,000,000 with k-rep bank and 200,000,000(+) with the co-operative name i cant recall. If these numbers are true, then its not too bad. Considering they have a 355 acres as said in their webpage and they are selling a quarter for 2 million and a half acre for 4 million shillings, then they will net more than 2 billion shillings considering some of the land goes to infrastructure, golf course, dam etc. Do the math before you question the viability of the project!
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Rank: New-farer Joined: 11/3/2012 Posts: 16
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Hello all, sorry for the silence. The wazua website has been giving me limitations on posts made and I need advice on how to beat that. Valid questions have been raised and am here to answer them. 1. On the visiting of member plots by those who balloted, kindly visit your offices or call us to know when you can visit. 2. Our location on ground is perfect. With the estate located 7.5 km west of Thika road and the road earmarked for tarmacking connecting it to the greater eastern bypass which is just about 1.1 km for our land. 3. We always encourage our potential clients to undertake a search on the land we are selling. Reason being we have no thing to hide. The loan is there and is being serviced accordingly. Kindly get the amounts right as you post. 4. On financing, the end user, the same bank is financing our end users to purchase the same plots. All you need do is visit our offices for details.
We are a cooperative society in which members have faith in due to our delivery. As we discuss, we are currently issuing titles for our phase one in Thika to the end user, which we acquired in the same manner about two years ago. So on title delivery also, check the track record. This Saturday, if you are interested in knowing more about this project, vist us and get to engage the management on the same. We are there for you. Call this number and book your sit on the bus from Nairobi and back. 0722269577. Come and see what is already done and learn more on what we are doing. Be informed and you will grow.
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