The Mountain Journal
There is an outcry from the real estate companies after the county governments have stopped approving the titling of small portions of land.
The land dealers describe the enacted rules as punitive and a major hindrance to the housing sector.
Comfort Homes Real Estate Company CEO Hezekiah Kariuki decried the punitive regulations enacted in the counties of Kiambu, Kajiado, and Machakos, which block approving title deeds to plots measuring 40×60, citing their small sizes.
” The small plots in these counties were legally subdivided by the previous government regimes, with the current governments objecting to their approvals for titling. This trend will deny the majority of Kenyans the right to own land and develop them” said Mr Kariuki in an interview.
He urged real estate stakeholders to team up and make their voices heard, allaying fears that the new laws could bring the sector’s operations to a halt.
He lamented that the newly enacted regulations have brought confusion and victimization from land buyers as real estate companies struggle to produce titles for their clients.
Kariuki said that the government should have engaged all stakeholders before enacting the laws that affect the real estate industry.
“With the current population rise, and hundreds are relocating to the urban centres, it would be illogical for any system to downplay the importance of small land allocations to curb landlessness among the citizens,” he said.
Kariuki said the government should take into consideration the plight of the small investors to make land more accessible and affordable.
“The residents should be allowed to own land according to their capacity,” he said