The Supreme Court has faulted Nairobi City County for approving high-rise buildings using an unapproved development policy, raising important questions about property development, building approvals and real estate investment in Kenya. The ruling, delivered on October 30, 2026, highlights the importance of having a legally established planning framework to guide the city's rapid urban growth. The case...
Kenya’s real estate sector is entering a new phase of digital tax enforcement, with the Kenya Revenue Authority (KRA) targeting more than one million property owners suspected of failing to declare their rental income. The development signals a growing focus on tax compliance and could have important implications for Kenyans who own rental houses, apartments and other residential investment...
Construction at Abadare 1 Estate along the Thika-Gatundu Road corridor, near Exit 14, has reached a major milestone following the completion of superstructure works. The final maisonette roof slab has been cast, paving the way for finishing works ahead of the anticipated 2026 handover. The milestone was marked by a Koroga Festival, bringing together the project team to celebrate the completion of this...
Kenya’s proposed stamp duty exemption for land in Kenya could make property ownership more affordable for eligible buyers, following an announcement by President William Ruto during the 63rd Mashujaa Day celebrations in Eldoret on October 20, 2026. The President announced that the government intends to exempt land transactions valued at KSh 1 million or less from stamp duty while introducing...
Nairobi is changing in ways that are sometimes easier to see through major construction projects, institutional investments and infrastructure plans than through property advertisements. One of the latest developments is taking place in Gigiri, where the Kenyan government is seeking land to construct a new office complex for its Permanent Missions to the United Nations Office at Nairobi (UNON), UNEP...
Buying a home is supposed to be one of life's most reassuring milestones. You find a property. You inspect it. You imagine your children growing up there. You calculate the mortgage or payment plan. You picture the day you finally receive the keys and walk through the front door knowing that the house is yours. But what happens when the home you worked so hard to acquire suddenly becomes a source of...
Co-op Bank is offering young Kenyans an opportunity to finance up to 100 per cent of the cost of a residential property through a mortgage facility of up to Ksh10.5 million. The facility, offered under the Kenya Mortgage Refinance Company (KMRC) mortgage solution, has an interest rate of 9.5 per cent and a repayment period of up to 25 years for salaried borrowers. Evan Mwangi, Acting Head of Retail...
Reports regarding demolitions along river corridors in Nairobi have generated widespread discussion across social media. Misleading claims recently surfaced suggesting ethnic targeting and forced displacement during ongoing operations in the Parklands area. To clear the air, the Parklands Residents Association (PRA) alongside the Nairobi Rivers Commission (NRC) issued an official joint clarification...
The recent headline from the Business Daily—"Diaspora cash in biggest fall since global financial crisis"—serves as a stark signal for the macroeconomic landscape in Kenya. Grounded in data from the Central Bank of Kenya (CBK), monthly remittance inflows dropped sequentially from a high of KSh 58.2 billion ($450.3 million) earlier in the year down to KSh 48.5 billion–49 billion ($375 million–$397...
Nairobi landlords and real estate developers are facing a major shift in the city’s construction landscape following the release of the Nairobi City County Development Control Policy 2026. The policy introduces a new mandatory development tax, reduces the number of zoning areas, and sets strict green building standards for future construction projects. 1. The Development Impact Fee (DIF) The...
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