A planned sale of a particular parcel of land in Ruaraka has been stopped by the court pending the determination of its true owner.
The transaction of the 28-acre land, in Ruaraka industrial area on Baba Dogo Road next to the Moi International Sports Centre, by four companies was halted after the court issued orders through a ruling by Justice Oscar Angote.
“The prevailing status quo to be maintained meaning there should be no sale, alienation, charging or subdivision of the land until February 21, 2023,” read the ruling by Justice Oscar Angote.
The sale by four firms namely Airwaves Properties Limited, Carlsberg International Limited, DKO Investments Limited and Dawn Innovations limited was advertised in a project dubbed Stadium view estate.
A real estate developer, Bancroft properties, however moved to court to stop the sale, with claims that the four firms were grabbing the said prime piece of land.
The petitioner, Bancroft further claimed that the title deed submitted by the four firms was fake, as it had purchased the parcel of land registered no 13560/3 in 2003 from its initial owner Central glass industries for Sh23million.
The petitioner further said the original title has been in the custody of the Diamond Trust Bank which is the charge of the property and has never been surrendered to the registrar of lands.
“To date, an investigation of the suit property’s title to the root will reveal that the plaintiff is the registered owner and the title in his possession reflects the accurate register compiled and kept up-to-date by the state,” read part of the court documents.
Bancroft has asked the court to disregard title deeds held by the four firms and declare it as the official owner of the land.
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