Baoriat Real Estate Limited

  Land is one of the most sought after asset in Kenya today – largely because of the fact that its value appreciates very fast. Many people are today investing in purchasing land – be it for real estate development (for those in urban areas) or for agricultural purposes, mostly in rural areas. If you are an investor looking to put your money into real estate development or agriculture, you need to be aware of how land is classified – based on the current laws – especially after the promulgation of the 2010 constitution. The 2010 constitution accelerated efforts to instil reforms in the land sector in the country, leading to the introduction of a number of new laws governing the sector for among others administration, use as well as management of land in Kenya. Parliament has since enacted four main Acts that are directly related to land issues in the country. The four acts you need to be conversant with – as an investor in the land sector include; -    ...

  Eldoret town has a rich history – from its origin, naming and how it came into existence. For starters, Eldoret is a name derived from a Maasai word ‘Eldare’ which means ‘stony river’ in reference to the bed of the Sosiani River that runs through the town. Originally, the town was to be named ‘Eldaret’ but a spelling error led to it being named ‘Eldoret’ and the name stood up to date – as nobody bothered to fix the error. Eldoret town, which is today the headquarters of Uasin Gishu County was established in the midst of farms that were established by 58 families of Afrikaners who had been displaced from South Africa. The families had travelled to Mombasa, Kenya, by sea, then used rail to travel to Nakuru before finally finishing up their journey to Uasin Gishu using wagons that would often get stuck in the mud – they arrived at Sergoit Hill (now Sergoit Golf and Wildlife resort) in October 1908. Also Read:  List of Popular Gated Community Estates in Eldoret Town Bel...

The County Government of Uasin Gishu is working on enhancing infrastructural development in several key urban centres as it seeks to have them elevated into a township status.   By attaining the Township status, the urban centres will benefit from among others supply of piped water, sewerage services, improved lighting as well as getting funding from government projects that usually support development of urban centres.   Speaking during a Planning Public Participation forum at Burnt Forest, County Executive Committee Member (CECM) for Landas, Housing, Physical Planning and Urban Development Eng. NelsoN Maritim said apart from Burnt Forest, they have also prioritized Cheramei and Moi’s Bridge as urban centres that need to be elevated to township status.   Also Read:  List of Popular Gated Community Estates in Eldoret Town " We are underway with more projects to upgrade the townships through tarmacking of roads, keeping the towns clean, improving road networks a...

  Eldoret town is home to over 10 residential estates that house all types of people – from the lower class to the affluent. Some of the popular estates include Kapsoya, Langas, Kimumu, Huruma and Annex among many others while there are several other upcoming residential estates like Juniorrate, Action and Pioneer which are not yet fully developed. Apart from the above-mentioned estates, we also have several gated estates, accommodating the rich and affluent in Eldoret. Also Read:  List of Estates within Eldoret Municipality A gated community is a form of residential  community  or housing estate containing strictly controlled entrances for pedestrians, bicycles, and automobiles, and often characterized by a closed perimeter of walls and fences. We take at some of the popular ones in Eldoret town, most of which house the affluent. Kenmsosa Village This is a gated community estate that houses not only residential homes but also has a resort. Kenmosa village ...

  Eldoret bypass is among several key infrastructural developments that the national government is implementing in Uasin Gishu County. The Sh5.079 billion project that is funded jointly by the Kenyan government and the African Development Bank was officially launched by President Uhuru Kenyatta in August 2017. Construction works have been delayed at times due to challenges in compensation for landowners affected by the project that is now taking shape. Already a major part of the 32-kilometres by-pass, also known as the Eldoret Southern Bypass like interchanges at Maili 9 and Kapseret are at an advanced stage. Originally, the bypass had been expected to be ready by August 2020 but was never achieved due to several delays. With constructions works ongoing under the China Wu Yi Construction Company, locals in Uasin Gishu are set to benefit from not only reduced traffic congestion in the county’s capital – Eldoret, but also accelerated development in areas the bypass will be p...

  After years of negotiations, the African Continental Free Trade Area is finally here and is almost becoming a reality. This trade area will create what will arguably be one of the biggest free-trade areas in the world – considering that Africa has a population of over 1.2 billion people and a combined Gross Domestic Product (GDP) of 3 trillion Dollars.   Apart from reducing the cost of some goods, the African Continental Free Trade Area will also create business opportunities and jobs across the continent.   The new trade area took effect on January 1, 2021, in which 41 African states – who had submitted plans to reduce tariffs and/or taxes on imported goods – were able to trade under the new rules.   Implementation of the new trade area may take time, as it will be done in phases. Tariffs on 90% of goods will be removed within 10 years and take more time for the remaining percentage.   Effects of the African Continental Free Trade Area are however yet...

  The Ministry of Lands and Physical Planning will soon be registering, a fresh, all Land title deeds in the country. This is in what the Ministry notes that is a move aimed at curbing fraud that has been on the rise in the sector, even as it also seeks to enhance efficiency. Fresh registration of title deeds is also part of the ongoing process to shift administration and management of land to new laws. Under the new laws, title deeds will be handled under the Land Registration Act (2012). Currently, land issues are being handled under the Registered Land Act (RLA), the Registration of Titles Act (RTA), the Land Titles Act (LTA), and the Government Lands Act (GLA) all which have now been repealed. This means all the old title deeds will have to be replaced, so as to be inline with the new laws. “All transactions or dealings relating to parcels within the registration unit shall from April 1,2021 be carried out in the new registers ,” Lands Cabinet Secretary Farida Karoney s...