New Nairobi land rates bad for housing plan

Nairobi City skyline. FILE PHOTO | NMG

The move by City Hall to double rates paid by Nairobi landowners from January to reflect an increase in prices of the same could not have come at a worse time.

For one, the one month notice issued by the city authorities hardly gives the affected landowners adequate time to put their finances in order.

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