A section of land investors from Kiambu County have urged Kenyans to be careful when investing or buying land from any part of the country. The investors have issued a checklist of three items that Kenyans should look at when buying land to ascertain if the land they buy is genuine.
“Kenyans should visit the site and do due diligence on the nature of the land, ask the seller if they have the title deed of the land they are selling, and also inquire for the map of the land,” the investors said.
The investors observed that the issue of Kenyans falling victim to land fraud is not a recent development but rather a longstanding problem in the sector. Many Kenyans have been duped by fake real estate companies and bought air.
However, these investors from Kiambu have said they have formed an organization of all registered real estate companies in Kenya called RESA (Association of Kenya Real Estate Stakeholders) to eliminate all unauthorized companies that have conned Kenyans millions of money.
The chairman of RESA, Kinyua Wairatu, has appealed to the government to accommodate them and eliminate land fraudsters since they are the ones on the ground. “The government should hasten to settle land disputes, and all others issues such as title deed processing so that kenyans can benefit,” Kinyua added.
TThe investors from Kiambu also expressed concerns about high taxation, urging the government to regulate the tax burden imposed on them, as it makes selling and buying land challenging.
Mwaura Kimani
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