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Chairman Association of Real Estate Stakeholders (RESA) Kinyua Wairatu is now calling upon the government to first have serious discussions before conducting demolitions saying that this has affected their businesses in a big way.
Wairatu who spoke after visiting the Njiru land said there was not in any way trying to fight the government but consultations should take place.
“ Land issues are very emotive. The truth of the matter people could have done wrong by purchasing the wrong properties. However, it’s wise to note that we are really being affected by this. Demolitions have led to many people fearing to invest in real estate,” he said.
The chairman’s comments came even after Lands CS Alice Wahome appeared to take a swipe at the realtors for what she termed as trying to protect wrong doers.
Wairatu urged Kenyans not to fear anyway, promising that next week the association will publish in local dailies all genuine companies where they can invest in.
“ Our association does clean business and from next week we will go public and tell Kenyans which companies to invest with. All leading local dailies will have names and images of all genuine companies,” he said.
At the same time Wairatu said since the association started cases of fraud in the real estate have dropped significantly by over 70 percent.
RESA came to restore hope and confidence in the real estate sector.
Read Also:The Institution of Surveyors of Kenya Gives it’s Stand On the Proposed Real Estate Regulations Bill 2023
This comes even after there have been a series of demolitions one in Athi-river and also controversies surrounding the Kirima land.
On Thursday, the head of state announced that those who had encroached on land belonging to Kenya Institute of Special Education in Kasarani should return it, buy it at market price or face demolitions.
