From property to fish!!!!

Brief info.......
The BOM of UHCL is made up of men who profess "Jesus as personal savior".That is not not a problem but I develop doubts when that is an opening statement or introduction in a business deal.

The BOM/BOD members have each developed their own mini Urithis hence the many "buroti maguta maguta" on Inòoro Radio and TV.

The BOM/BOD members were the main guys running the famous Deci,Clip etc but strangely guys seem to trust them and their offices are a beehive of activity from 7.30am to 6.00pm. Board meetings are no longer held in their offices but rather in some hotels in the city.

One of the BOM/BOD has declared his intention to wrestle with Kabufallo in 2017.He has already bought a Helicoptor for the purpose.He is a "Senior pastor" and his outfit is giving UHCL a run for their money.

To me all the above are fishy and tears will flow in many households especially akina Kiash.No fish business can yield such returns.So all they are doing now is get cash from me today to pay@ PesaNane. When new members stop trickling in...something will hit the fan.

Ni hayo tu

Am the guinea pig. Kama mbaya mbaya. I'll update you guys later. I've bought two plots from Urithi.

has anyone bought panorama gardens thika next to Bahati ridge was there sato during the well attended open day hoping those are genuine members and not paid up proxies to herd us to the paddocks for slaughter

Is the sacco actually registered with SASRA? Can't seem to find it here

Some follow up questions:
1. What are the rents like? i.e what is the range? Ground floor rents are Ksh. 5,000.00 per month.
Upper floors, the rents are Ksh. 6,000.00 per month
Deductions are Ksh. 1,000.00 service fee + 16% VAT
2. Do the units find easy tenants or do they remain unoccupied for long periods of time? Uptake was slow but now almost fully let. If no new hostels spring up soon, the property will be a hot cake.

Comments
From the date this topic was started, I deduce that the project took about 3 years to complete; that's a mighty long time to tie up money. I hope the rent/returns justify the wait. Majority of
the investors were paying in piece-meal over the construction phase and beyond

I see they are still advertising for own-a-room project on their website, but the price is now at 850K. There is another development adjacent to the original one. I am not sure if the construction has been restarted as it had been stopped by the county govt. (after someone tried to run against someone in the gubernatorial race. Take these comments with a pinch of salt)I am intrigued and will be paying them a visit to ask these and more questions. Please report here

These fellas never issue title deeds. I'm smelling games with this thing. We are about to be guillotined

Yes the corporate management is wanting but better than when they started.

On the the vitz to X3 I see a problem too but time will tell.

Headoffice has moved from Thika to Muthaiga North.No matatus go there so you small depositor ujisort with your small problems.

Lakini there afew positive develpoments
1.Nyumba mia looks real hapo Juja
2.There is a complete project in Malindu that wil be handed over soon
3.Some nice houses 🏡 done at Kamulu also ready.

All the above are based on hearsay but a reliable source.

Dear Urithi Housing shareholder, you are hereby reminded of the Annual General Meeting to be held on Saturday 28th July 2018 starting from 10.00 a.m, at the Urithi Hill Top Resort ground, located in Nakuru Lanet area after Anestar Boys High School. Transport will be provided from our Nakuru office to the venue. For any inquiries, kindly contact 0714489446 / 0721342210 / 0718590598. Regards, UHCL

[quote=Pesa Nane]Urithians you have a weekend date.