Real estate developer Suraya Properties is set for deeper woes after an auctioneer put up for sale scores of apartments and land amid mounting pressure from banks and investors.
In a newspaper advert, Dalali Traders auctioneers are seeking buyers for 62 apartments for a property known as Lonehill Estate located in Nairobi’s Makadara estate, two five-bedroom properties called Mandara Villa 12 Rosslyn Heights and undeveloped parcel of land measuring 0.84 acres in Imara Daima. The auction is set for January 28.
