Uhuru kin claims Sh1bn Banda land

Real es­tate de­vel­oper ac­cuses Ms Ki­hanya of mal­ice say­ing plot bought from an­other Keny­atta

Business Daily (Kenya) - - FRONT PAGE - Brian Ngugi bn­joroge@ke.na­tion­media.com

Busi­ness­woman Kath­leen Ki­hanya, a mem­ber of the Keny­atta fam­ily, has kicked o a storm over own­er­ship of prime land on which a de­vel­oper is putting up a Sh1 bil­lion es­tate for sale...

Busi­ness­woman Kath­leen Ki­hanya, a mem­ber of the Keny­atta fam­ily, has kicked off a storm over own­er­ship of prime land on which a de­vel­oper is putting up a Sh1 bil­lion es­tate for sale.

Ms Ki­hanya, who is Pres­i­dent Uhuru Keny­atta’s cousin, yes­ter­day claimed Banda Homes had mis­led po­ten­tial buy­ers on the land, a claim the in­vestors strongly dis­puted.

Banda Homes is de­vel­op­ing 120 units of three-bed­roomed bun­ga­lows on Keny­atta Road, on a 20-acre piece of land about three kilo­me­tres from the Thika Su­per­high­way, which it has been ad­ver­tis­ing.

“This land be­longs to my fam­ily and we are now in the process of sub­di­vi­sion and is­su­ing sep­a­rate ti­tles,” Ms Ki­hanya told the Busi­ness Daily in a state­ment.

“Banda pur­ports to have an agree­ment to buy part of this land, which is not pos­si­ble be­cause there is no ti­tle. They have erected a sale sign on the land and they are col­lect­ing de­posits from peo­ple. My fam­ily had no idea,” she said.

Ms Ki­hanya warned buy­ers to con­duct due dili­gence be­fore pur­chas­ing the property.

“They are sell­ing land that they don’t have yet. Are they dis­clos­ing to the pub­lic the true facts? How can they hon­estly sell some­thing they don’t have?” she posed.

Banda Homes di­rec­tor Paul Nder­itu, how­ever, dis­missed Ms Ki­hanya’s claims as “ma­li­cious” main­tain­ing that the de­vel­oper had pur­chased the land from an­other Keny­atta kin, Ka­mau Ngengi.

“We have in­deed pur­chased land about 20 acres hived off from a larger por­tion that neigh­bours the Ki­hanya fam­ily land,” said Mr Ndiritu in an in­ter­view.

“Ms Ki­hanya’s claims are just ma­li­cious.”

He said the de­vel­oper will con­tinue with its in­vest­ment plans as all approvals had been sanc­tioned.

Banda Homes has been pitch­ing the es­tate to buy­ers through an off-plan in­vest­ment model as a prime area. It has put up for sale three-bed­room units at prices be­tween Sh4 mil­lion and Sh5 mil­lion.

“Aca­cia Front Es­tate con­sists of 143 units of three-bed­room all en-suite Bun­ga­lows. This is a hilly es­tate quite sim­i­lar to the Bev­erly Hills in the US, the all en-suite three-bed­room bun­ga­lows are 138 square me­ters with per­fect am­biance, spa­cious rooms and qual­ity finishes,” the de­vel­oper says on its web­site.

Its sec­ond es­tate built on the land is dubbed Oak Park Es­tate and con­sists of 77 units of three bed­rooms all en-suite bun­ga­lows.

They are sell­ing land that they don’t have yet. Are they dis­clos­ing to the pub­lic the true facts?” KATH­LEEN KI­HANYA | UHURU KENY­ATTA’S COUSIN

— FILE

ROW Ms Kath­leen Ki­hanya.

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