NBK, real estate firm in off-plan funds deal



Business Daily | by James Kariuki


National Bank of Kenya (NBK) and Costa Homes yesterday launched an off-plan housing development account where buyers’ funds will be held until delivery of their completed units.

NBK managing director Paul Russo said the savings plan seeks to eradicate instances where developers use pre-sale funds for development of housing units with some failing to deliver the units as agreed.

“We are giving assurances to Kenyans and even our diaspora community that you can buy houses off-plan with…

Read more…


LEAVE A REPLY

Please enter your comment!
Please enter your name here