wazua Sat, Nov 16, 2024
Welcome Guest Search | Active Topics | Log In | Register

2 Pages12>
Buying a plot in Nairobi
niando
#1 Posted : Tuesday, January 26, 2010 6:44:38 AM
Rank: Member


Joined: 6/5/2008
Posts: 174
are plots that are sold on share certificate genuine? can they be used as security for a bank loan? what is the procedure for ensuring you are not conned in such plots ?
For bookkeeping and bank loan interest recalculation try us:niando.becia@gmail.com
Marty
#2 Posted : Tuesday, January 26, 2010 9:58:58 AM
Rank: Veteran


Joined: 3/31/2008
Posts: 761
Location: Nairobi
@Niando,

Which area are u talking about?
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
niando
#3 Posted : Tuesday, January 26, 2010 10:06:07 AM
Rank: Member


Joined: 6/5/2008
Posts: 174
Embakasi,a tract of land bought by a company and subdivided into small pieces.
For bookkeeping and bank loan interest recalculation try us:niando.becia@gmail.com
mukiha
#4 Posted : Tuesday, January 26, 2010 12:30:38 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Presumably the shareholders of the Land-Buying Co will eventually subdivide the parcel amongst themselves and each will have his/her own title...

If so, then you have nothing to worry about. If not, then the banks will be very reluctant beacuse the value of your share [not your plot] in the company is difficult to establish.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Manja Investor
#5 Posted : Tuesday, January 26, 2010 4:41:43 PM
Rank: Member


Joined: 11/13/2008
Posts: 87
In this regard, Who has dealt with vineyard properties? They are selling plots in Utawala.

Also any info on plots for sale in Kitengela area or any other place e.g Juja, Ruiru (Thika rd ) with titles can give ideas
marketHEAD
#6 Posted : Wednesday, January 27, 2010 8:39:57 AM
Rank: New-farer


Joined: 1/26/2010
Posts: 35
Location: nairobi
i think kitengela is still a good deal to get some land, anybody with an idea of a good land/plot valuation company and the costs involved
Success is 20 percent skills and 80 percent strategy.
Wally5
#7 Posted : Wednesday, January 27, 2010 9:54:24 AM
Rank: Member


Joined: 6/5/2008
Posts: 23
Id like to know about kahawa sukari but im wary of agents. Anyone selling 1/4 and above?
theking
#8 Posted : Wednesday, January 27, 2010 1:57:53 PM
Rank: Member


Joined: 1/25/2010
Posts: 344
i know someone selling 80by40 pieces at Juja, a place called muigai inn to be specific. interested?
Manja Investor
#9 Posted : Wednesday, January 27, 2010 3:48:17 PM
Rank: Member


Joined: 11/13/2008
Posts: 87
The King PLS give details of prize,etal
theking
#10 Posted : Thursday, January 28, 2010 2:10:30 PM
Rank: Member


Joined: 1/25/2010
Posts: 344
price 350k a piece (80by40), place is around 2km from the thika highway on the left side towards thika,place is Muigai inn,slightly past Ruiru.
has elec n water.anything else u'd want to know?
wanyina
#11 Posted : Friday, January 29, 2010 6:07:24 AM
Rank: Member


Joined: 4/1/2008
Posts: 141
Theking,
Does this plot have a title or what the deal?
wanyina
#12 Posted : Friday, January 29, 2010 6:08:45 AM
Rank: Member


Joined: 4/1/2008
Posts: 141
Theking,
Does this plot have a title or what the deal?
theking
#13 Posted : Friday, January 29, 2010 11:44:52 AM
Rank: Member


Joined: 1/25/2010
Posts: 344
title is still being processed. the guy selling bot 5acres n subdivided them to 80by40s he's still chasing the titles from thika municipality
livie
#14 Posted : Tuesday, February 02, 2010 3:00:49 PM
Rank: Veteran


Joined: 11/1/2008
Posts: 834
How land cartels con Kenyans


Frustrated in his search for a plot in Karen for reasons discussed last week, my friend Ben was shown another in Runda and drove me there for an opinion. I shot a series of questions.

“Did you know that this plot fronts the Northern Bypass? Do you want such a feature for a neighbour? Did the owner appear to know his neighbours? Was he accompanied by anyone and if so, who? Was he self driven? Do you notice it stood vacant surrounded by developed ones for long?” The questions didn’t make sense till I explained.

One, now that you know about the fronting bypass, the associated nuisance informs, I told Ben. And if the owner appeared not to know his neighbours, that’s curious. And if he was in the company of spouse or relative, that helps forwards. And if he walked in or arrived by taxi to show a plot in Runda, raise a flag.

At this juncture I informed Ben that there has been a cartel of “phantom land owners” on the sprawl in the country. They specialise in identifying plots and houses that are vacant for long or those belonging to the dead. They then show up and offer them for sale to unsuspecting buyers.

They are thorough, callous and well connected. They have conned several people out of their money, land or houses. Places like Lavington, Embakasi, Thome, Donholm and Eastleigh have been hardest hit. Almost unbelievable but it works. I personally bought one such plot and I lost my money.

Well moneyed, the cartel buys its way through any government office and obtains supportive documents. Where owner signatures are needed, these are forged. Because they retain original records, Lands offices attract the highest premiums. Original records are removed and destroyed. That done, such properties stand conveniently sold out and transferred. And the cartel moves on.

Ben shook. I advised him not to place any deposit before we “audited” the purported “owner.” I also advised him to discretely take his photograph and know his house or office. I also explained that owners with plots in posh places like Runda and Muthaiga drive and do not walk.

In their next scheduled meeting at Hurlingham, I advised him to watch out for aspects that didn’t add up. And true, the “owner” arrived from a side path. He also blurted out that he was allocated the plot when he used to work in the City Council.

I later pointed out that these were clear signs of trouble. Runda plots did not originate from the City Council. They were privately owned. Two days later, Ben shared with his working colleague, mentioning names of the owners as noted on the original search.

“But Ben I know that man. And he died. And the wife is overseas”, his colleague quickly shot back. Spot on luck. I was taken aback too. Well, Ben disengaged forthwith. Much wiser now, he later made an excellent choice of plot elsewhere. He counts himself lucky to date.

Some of those who live in “safe” neighbourhoods travel and leave their houses unoccupied for long periods. They are courting trouble. These are prime targets. Others buy houses, land or plots and rent or leave them vacant without showing their spouses, children or relatives while alive.

This cartel will sell such properties once the owners pass on. Owners please beware; ensure your property is safe while away and that somebody quite close knows the physical location of your houses, land or plots for ease of follow up should you drop dead.

mwathane@landsca.co.ke
If you are going to be thinking only one thing, you might as well be thinking big. -Donald J . Trump
mukiha
#15 Posted : Wednesday, February 03, 2010 6:13:04 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
This is NOT a cartel!!

They are individual crooks working independently...but crooks all the same!

Cartels work in cohorts... like Mungiki, or OPEC
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
anasazi
#16 Posted : Wednesday, February 03, 2010 7:37:51 AM
Rank: Veteran


Joined: 6/8/2007
Posts: 675
What would you say is a fool proof checklist to making sure you dont get conned? The way things look right now, you can get conned anytime, anyhow!
Form is temporary, class is permanent
Wendz
#17 Posted : Wednesday, February 03, 2010 8:47:23 AM
Rank: Elder


Joined: 6/19/2008
Posts: 4,268
I know someone selling a quarter acre of land at syokimau. Going for I think 1.5m negotiable. Near kalembe. No chance of being conned. is a respected skerian and a good friend but havent seen him in wazua...

If interested let me know @ wendz545@gmail.com
Jomat
#18 Posted : Wednesday, February 03, 2010 12:28:07 PM
Rank: Member


Joined: 12/22/2008
Posts: 3
@wendz
I'm interested in a plot at syokimau but my budget is limited to 1m. Any advice?
Marty
#19 Posted : Wednesday, February 03, 2010 12:52:54 PM
Rank: Veteran


Joined: 3/31/2008
Posts: 761
Location: Nairobi
I got 1/8th acres in Ruiru going for 500k, near bypass with ready title, water and elec also. Anyone interested can holla njengasg@yahoo.com
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
Wendz
#20 Posted : Thursday, February 04, 2010 8:56:36 AM
Rank: Elder


Joined: 6/19/2008
Posts: 4,268
@Jomat,

Thats pretty low for a quarter any place in syoki. thats like 500k for an 8th? It is highly unlikely that you will get an 8th for that much unless the person is really really desperate or is a con.
Users browsing this topic
Guest
2 Pages12>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2024 Wazua.co.ke. All Rights Reserved.