Suraya property buyers lose out as court okays sale


[Source: The Standard, by Dominic Omondi]

Fourteen buyers of one of Suraya’s distressed estates have lost their bid to stop the auctioning of the property after they failed to produce a sales agreement as evidence that they paid for the units.

This means that the auction of Suraya Group’s land at Fourways Junction on Kiambu Road by Transnational Bank will proceed. The land is registered to Classix, an affiliate of Suraya Group owned by couple Peter and Susan Muraya…

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