Baoriat Real Estate Limited

  The Kenyan government will soon be introducing a value index in a move that aims at making a land market in the country transparent, as well as cut wasteful project spending as a result of speculative activities by landowners and brokers that usually drives up costs of land. Plans to introduce the land value index have been revealed by the World   Bank. Business Daily reports that the index will also boost local revenue collection by counties from the land property. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 Currently, there is no standardized land value information - a loophole that cartels have been exploiting entrench fraud and exploitation in property prices. The government is now expected to table before Parliament a proposed legislation related to land valuation and compensation that will give a green light to implementation of the land value index once approved. Treasury Cabinet Secretary Ukur Yatani says the regulations will...

  Physical and land use planning prescribes the appropriate use of land to ensure there is harmony, efficiency, productivity, equity, aesthetically appealing human settlements, and ultimately a sustainable environment for the current and future generations. This is achieved through the application of standards, design of interrelationship of activities as well as preparation and enforcement of plans. Planning takes place at national, inter-county, county, and sub-county levels. In planning, the principle of a subsidiary is overarching with regard to the assignment of planning functions. Under this principle, a particular planning function should be carried out at the most appropriate level which is not necessarily the lowest. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 Article 186 outlines categories of functions as concurrent, exclusive, or residual. Concurrent functions are broadly performed by the two levels of government. Some aspects o...