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The New Muthaiga Mall is located along Thigiri Ridge Road in Nairobi. It hosts several brands like Clarett Lounge, Karura Coffee House, Chandarana FoodPlus Supermarket, KFC, and Chinese Kitchen.
The Mall is owned by the Chatur Group, a conglomerate with interests in real estate, hotels, residential facilities, and agriculture.
Chatur Group is owned by Kenyan billionaire Madatali Chatur and his son Rahim Chatur under Gemini Properties.
Chatur is the founder and CEO of Chatur Group of Companies.
In 2018, properties under the Chatur Group were valued at Ksh76.99 billion.
His business empire dates back to 1977 when he opened an electronics shop along River Road in Nairobi.
Chatur came into the business world during the Kanu regime in the 1980s.
He is also known for his close relationship with political figures and power brokers.
However, Chatur maintained a low profile out of the media despite his public presence during the earlier days.
Other Properties Apart from New Muthaiga Mall
He also owns Mithoo House, Mariam Arcade, Ngara Shopping Complex, Diamond Plaza, Hope International, Diamond Plaza II, Simba Centre, Likoni Mall, and Trust Building.
He also owns over 32,000 acres of land in Kwale and Kilifi counties, put into agricultural use.
Likoni Mall is located in Mombasa, making it easily accessible to both residents and visitors.
It offers a wide range of retail stores, entertainment options, and dining experiences.
Some of the brands it hosts are Naivas Supermarket, Blue Room Restaurant, Goodlife Pharmacy, Optica (Opticians), and Makadara Mobile Accessories.
Also Read: How a Businessman Founded Kiambu Mall and Bia Tosha After Leaving His Job
Chatur Group Selling Assets in Kenya
In June 2026, Daily Nation reported that Chatur was selling all his Kenyan assets, valued at approximately Ksh76.99 billion at that time.
These assets included prime commercial properties like Diamond Plaza, Diamond Plaza II, New Muthaiga Shopping Mall, Mithoo House, Ngara Shopping Complex, Simba Centre, Mariam Arcade, Likoni Mall, Trust Building, and Hope International.
Others were his extensive land holdings across Nairobi, Nakuru, Machakos, Kilifi, Mombasa, Kwale, and Turkana counties.
Chatur’s portfolio is managed through 16 companies, many co-owned with his son Rahim.
He did not give a reason for the announced sale of his Kenyan properties.
Also Read: The Two Founders & Owners of Westgate Mall
Court Cases
Chatur and his son have faced court cases in the course of their operations in Kenya.
In 2010, they were fined Ksh300,000 for defying a court order to halt construction on New Muthaiga Mall.
The construction was challenged by residents and the Ethics and Anti-Corruption Commission (EACC) over public land ownership.
In 2014, Chatur lost a defamation case against K24 TV and several journalists.
The Court of Appeal dismissed his case, which was originally filed in 2011.
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