Covid-19 widens cracks in off-plan home ownership

[Source: NMG File Photo]

The Standard | by Peter Theuri

Towards the end of last year, the High Court in Kiambu had a determination to make in a suit involving various parties in the construction industry.

Willow Park, a property developer, had borrowed Sh180 million from Jamii Bora Bank (now Kingdom Bank and a subsidiary of Co-operative Bank) and was carrying out off-plan developments.

The firm contracted Gokul Builders to undertake…

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[Source: NMG File Photo]

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