Kiambu raises land rates for homeowners by 300pc

Rental apartment owners will pay between Sh10 and Sh12 from Sh8, reflecting a rise of up to 35 per cent. FILE PHOTO | NMG

Kiambu has increased land rates by up to 300 per cent for home owners and will start levying holders of agricultural land, dealing a blow to real estate developers.

Stand-alone homes will pay between Sh5 and Sh12 per square metre annually depending on location, up from a range of Sh2 and Sh3—representing a threefold growth on the upper band.

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Note: The results are not exact but very close to the actual.