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Tropical Green Estate - Mombasa Road
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story teller
#11 Posted : Sunday, January 30, 2011 5:18:26 PM
Rank: Member

Joined: 6/25/2010
Posts: 415
Papa Investor wrote:
passed by their offices on Sat and basically they do seem to have all the docs, site plans, building elevations e.t.c

However this is their 1st project so it is risky in that sense...however the down payment they require is 210k and promise to refund in case you change your mind within 30 days (however who knows about their ability to pay?)

Looked at the site plan and of the 150 or so houses...only 10 or so have not yet been paid a down-payment for deposit. Plan to go see the land where they propose the site today afternoon.




@papa investor, Please update us....
It's not hard to make decisions when you know what your values are.
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XSK
#12 Posted : Monday, January 31, 2011 9:05:56 AM
Rank: Veteran

Joined: 12/8/2009
Posts: 975
Location: Nairobi
Papa Investor wrote:
passed by their offices on Sat and basically they do seem to have all the docs, site plans, building elevations e.t.c

However this is their 1st project so it is risky in that sense...however the down payment they require is 210k and promise to refund in case you change your mind within 30 days (however who knows about their ability to pay?)

Looked at the site plan and of the 150 or so houses...only 10 or so have not yet been paid a down-payment for deposit. Plan to go see the land where they propose the site today afternoon.




I visited their "office" on friday and spoke to a guy called Oscar. Its an "office" as its a small cubicle in a larger office with a shared reception.

The master plan indicates that more than 80% had been taken by friday midday. I made my application and was given an offer letter immediately.

On saturday i visited the site, its off mombasa road at the kitengela interchange. You drive past tuffoam and London distillers. Be warned its extremely dry and dusty.

The site is newly fenced and there is a mabati site office. Otherwise there is not much going on there.


Wacha tusaidiane as this guys seem to be genuine. Anyone who has done a search at mavoko to establish the ownership?

You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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bugzville
#13 Posted : Monday, January 31, 2011 1:00:35 PM
Rank: Hello

Joined: 9/1/2010
Posts: 2
Location: Nairobi

Came across this information online and went to see the land where construction is to take place. Followed up with some due dilligence on the land and the company behing the Tropical greens Estate

1. Currently they are not the legal owners of the land
2. They claimed to be in the process of the land transfer
3. A look at KRA for thier details revealed one of the Id numbers of the partners apparently belongs to a whole other person
4. Have been hesitant to reveal details of how the land process is going and when construction begins.

Now 2.1 million is a good price but my advise is get the dealing done through a reputable lawyer who can make sure you have a way of getting your deposit was the deal to go south. In my opinion counting thier location the deal is too good and when the deal is too good you do need to think twice.
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mlennyma
#14 Posted : Monday, January 31, 2011 1:41:32 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
A court case can tie your money here for decades!choose carefully who to trust,me i think i can only trust nhc and very few others.
"Don't let the fear of losing be greater than the excitement of winning."
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mikejonson143
#15 Posted : Monday, January 31, 2011 4:03:04 PM
Rank: New-farer

Joined: 12/18/2010
Posts: 8
Location: United States
ya.... I have also seen a website and try to call them, but they did not pick the phone. I want to know the various beaches and hotels near mombasa road.
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For Sport
#16 Posted : Monday, January 31, 2011 4:13:55 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
mikejonson143 wrote:
ya.... I have also seen a website and try to call them, but they did not pick the phone. I want to know the various beaches and hotels near mombasa road.


Do you mean tha beaches and hotels at the Mombasa end of the road?
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story teller
#17 Posted : Monday, January 31, 2011 6:20:02 PM
Rank: Member

Joined: 6/25/2010
Posts: 415
mikejonson143 wrote:
ya.... I have also seen a website and try to call them, but they did not pick the phone. I want to know the various beaches and hotels near mombasa road.


Dude, what in the world are you talking about?
It's not hard to make decisions when you know what your values are.
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pessa
#18 Posted : Tuesday, February 01, 2011 9:20:49 AM
Rank: New-farer

Joined: 12/30/2010
Posts: 41
Location: Africa
There is no red soil on Mombasa Road i.e from Embakasi turn off to Machakos.. ???????? 2.5 million for a house is ridiculous unless its a preffab i dont see how this can work. Credible projects on mombasa road are
1. Cape Gardens
2. Tamarind
3. South Park
4. Green something near Daystar
5. AMS flats near JKIA
6. Taj
7. Suraya have a new project there.


Muthama heights have issues. none of them especially the massionates are below 4 . its not possible i believe
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Wendz
#19 Posted : Tuesday, February 01, 2011 10:07:27 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
For Sport wrote:
mikejonson143 wrote:
ya.... I have also seen a website and try to call them, but they did not pick the phone. I want to know the various beaches and hotels near mombasa road.


Do you mean tha beaches and hotels at the Mombasa end of the road?


There is Panari, Ole Sereni, as for beaches... well, there is actually a river near Sultan Hamud unfortunately its dry .... but there is sand all the same... thats the closest you get to a beach NEAR Mombasa road...... Hope this helps.

However, you can google and get those hotels and beaches along the coastline.
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Papa Investor
#20 Posted : Tuesday, February 01, 2011 10:38:11 AM
Rank: New-farer

Joined: 6/3/2010
Posts: 96
Interesting....was inquiring on more details of the project from one of the directors who had provided cellphone number at their "offices" and from yesterday evening...number is mteja..

My main oustanding issue on the due diligence is that the guys should have been willing to share the agreement they had with the owners of the land in order for our lawyers to review and give assurance that the title would pass from current land owners to the development company once all conditions (this also needed to be understood) were fulfilled.

Without this, it would mean just trusting the developers, which would be ok if its was a company with long track record and a lot to lose but now for a company using "shared services offices" and undertaking its first project....lets see how it all develops
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