Month: July 2014
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The Sectional Properties act, 1987 No. 21 of 1987 Kenya.
http://www.kenyalaw.org/Downloads/Acts/Sectional%20%20Properties%20Act%20(No.%2021%20of%201987).pdf
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Upper Hill Nairobi. 0.8 acres feasibility and return on investment.
Cost Item Kshs % Land 240,000,000.00 17.85714286 Preliminary 13,500,000.00 1.004464286 Construction 900,000,000.00 66.96428571 External Works 45,000,000.00 3.348214286 Contingency 18,000,000.00 1.339285714 Professional fees 72,000,000.00 5.357142857 Project Management fees 18,000,000.00 1.339285714 Marketing 5,100,000.00 0.379464286 Financial Charges 32,400,000.00 2.410714286 Total 1,344,000,000.00 100 Financing Plan Kshs % Developer 444,000,000.00 33.03571429 Debt Finance 900,000,000.00 66.96428571 Presales 225,000,000.00…