Some 100 homeowners at Greatwall Gardens in Athi River risk losing their units after the developer failed to convince the Court of Appeal to temporarily stop KCB Bank from auctioning the houses to recover a loan of Sh1.9 billion.
Pleas by the developer - Erdermann Property Ltd- to the court that home owners were innocent purchasers and that the units were sold by mistake, were dismissed by a bench of three judges.
