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KONZA 380k per acre at Konza ICT City viewing sat &sun10/09/2011 and 11/09/2011 book your piece
MillieMuturi
#11 Posted : Wednesday, September 07, 2011 9:25:04 AM
Rank: New-farer

Joined: 9/1/2011
Posts: 53
Mkimwa,most of the land deals i have signed/bought mostly ask for 50% committment fees,and u give this to your lawyer who in turn liases with the buyers lawyers and u finally sign the sale agreement document.This is after u have have done all proper checks and verifications on authenticity of the land.
People do things differently.
Title will be out within 90days,that's the land process in Kenya.
poundfoolish
#12 Posted : Wednesday, September 07, 2011 9:52:30 AM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
I see people dilly dallying with those plots

bought a few acres in January, feb.. price has doubled

im looking for more....

halafu iko dev called Migaa.. anybody who invested in that? i Envy you
Mkimwa
#13 Posted : Wednesday, September 07, 2011 10:16:16 AM
Rank: Member

Joined: 10/26/2008
Posts: 380
All am saying is, buyer beware. Do your diligence first before commiting 50% (ouch) of your money.
Pablo
#14 Posted : Wednesday, September 07, 2011 11:46:27 AM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi
If its such a good deal why sell it?

Is this land in your (or your compay's name) as we speak?
rryz
#15 Posted : Wednesday, September 07, 2011 1:11:33 PM
Rank: New-farer

Joined: 3/31/2011
Posts: 49
The problem with educated people, they analyse then reanalyse, then analyse again,all this while the shrewd investor has already is making his kill. Ngoja ngoja utakuta mwana si wako..............
poundfoolish
#16 Posted : Wednesday, September 07, 2011 2:13:08 PM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
rryz wrote:
The problem with educated people, they analyse then reanalyse, then analyse again,all this while the shrewd investor has already is making his kill. Ngoja ngoja utakuta mwana si wako..............


Skia swali.. if its such a good deal why sell it?

Disclaimer: I do not know the sellers of buyers on this thread.
MillieMuturi
#17 Posted : Wednesday, September 07, 2011 6:54:50 PM
Rank: New-farer

Joined: 9/1/2011
Posts: 53
poundfoolish and rryz i totally agree with u guys.These learned people have too many questions.
Poundfoolish i also bough mine 2years ago and trust me it has more than tripled,so why not sell?i have made my take.on the other hand am also not selling everything i am keeping a few coz land in these areas is good for speculation.Who know after less than 2years the land one is buying at 380k for an acre,the same land an eigth(50by 100) might be going for like 500k,so out of one acre one can make approx 4m.Why not go for this?Look at the longterm and 2years not even long.
Intelligentsia
#18 Posted : Wednesday, September 07, 2011 7:11:33 PM
Rank: Elder

Joined: 10/1/2009
Posts: 2,436
rryz wrote:
The problem with educated people, they analyse then reanalyse, then analyse again,all this while the shrewd investor has already is making his kill. Ngoja ngoja utakuta mwana si wako..............


very true, but call them risk-averse people, au sio smile

Actually this comes iat a time when am planning to purchase 1.5-2.5 acres by this sato in Konza and i will most def be doing just that - in 4 yrs a technopolis is expected to be standing there and that will be a good time to know you own some soil in such prime land.

KShs 900m (circa USD 9.69m only), though large by our standards, is really very kidogo cash on a global scale for a project of this magnitude.
KShs 900b (circa USD 9.67b) just about the size of our national budget and would be more in tune for a project of this magnitude.

IFC is to commission a feasibility/commercial viability study and that is what i would be most interested in.

CAVEAT EMPTOR: from my pals who have already visited Konza, I learn there are lots of conmen in the area exercise max. caution.Shame on you


Pablo
#19 Posted : Wednesday, September 07, 2011 8:05:50 PM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi
@ millie et al Emotions aside I would like to add to what i already have there and to put 50% down (or even 10% for that matter) I would need to put blind greed aside. Many of these pieces since the ICT plan started getting realised have twists. So, I ask again is the title in your name?
James_Njoro
#20 Posted : Wednesday, September 07, 2011 9:55:50 PM
Rank: New-farer

Joined: 8/13/2011
Posts: 14
@ Millie, Does this land have a Title and is it in your Name, have u subdivided it already n are the surveyors mutations registered, otherwise 50 per cent is quite high if subdivisions have not been done. Thanks
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