President Uhuru Kenyatta’s cousin and businesswoman Kathleen Kihanya has expressed displeasure at a development company that intends to put up a Ksh1 billion estate for sale in what she purports to be family land.
Ms Kihanya is involved in a tussle with property developers Banda Homes which she claims has been misleading potential buyers as the land belongs to her family.
“Banda purports to have an agreement to buy parts of this land, which is not possible because they have no title. They have erected a sale sign on the land and they are collecting deposits from people. My family had no idea,” she told the Business Daily in a statement.
She also warned buyers to conduct due diligence before purchasing the property, wondering why Banda homes was selling land they didn’t have.
Banda Homes director Paul Nderitu, however, came out strongly defending his company, terming Ms Kihanya’s claims as ‘malicious’ as he maintained they had purchased the land from another Kenyatta family member Kamau Ngengi.
“We have indeed purchased land about 20 acres hived off from a larger portion that neighbours the Kihanya family land,” he explained in an interview, adding that development on the property was still ongoing as all approvals had been sanctioned.
The company is developing 120 units of three-bedroomed bungalows on Kenyatta road on a 20-acre piece of land just off the Thika Superhighway, with each unit going for between Ksh4-5 million.
“Acacia Front Estate consists of 143 units of three-bedroom All-ensuite bungalows..This is a hilly estate quite similar to the Beverly Hills in the USA, the all-ensuite 3-bedroom bungalows are 138 square metres with perfect ambience, spacious rooms and quality finishes” reads part of its website.
Banda homes has a second estate on the land dubbed Oak Park Estate and consists of 77 units of three-bedroom all ensuite bungalows.
