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Buying a plot in Nairobi
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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
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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.
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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
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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.
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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
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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.
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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?
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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?
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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
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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?
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