Some investors in real estate play hide-and-seek with local authorities over payment of land rates. The property owners often ignore letters from municipalities reminding them to pay up the annual duty. They even ignore notices published in the media in partial waiver of interest on land rates. The last waiver this year ended on November 19.
Not even bruising court battles have stopped investors from scrambling to purchase land near Tatu City in Kiambu County. Prospective investors and speculators are tripping over each other for now scarce parcels next to the proposed Sh200 billion real estate project.