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THE STANDARD By Harold Ayodo | March 14th 2021 at 11:16:04 GMT +0300 We are a family that owns land, commercial and residential houses in some parts of Nairobi. We have been paying land rates promptly since the properties moved from my grandfather, late father and now to we the grandchildren. There have been unconfirmed reports that payment of land rates may soon be increased in Nairobi, how true is this? Mwangi, Nairobi City Hall has shifted to top gear plans to increase land rates which has been static over the past 41 years. Currently, property owners are paying land rates which are way below the value of their properties. ....
Since November 2019, the Noida Authority has launched 13 different schemes to offer residential, commercial, institutional and industrial plots. However, the Authority was only able to generate traction while allocating industrial plots. NOIDA: With several of its recent commercial, residential and institutional schemes ending in disappointment, the Noida Authority has decided to evaluate the land allotment rates in the city so as to rationalise them. And to do so, the Authority will invite a panel of chartered accountants, cost accountants and asset valuation firms. The decision could have a long-term impact on the future growth of the city, officials said. Since November 2019, the Noida Authority has launched 13 different schemes to offer residential, commercial, institutional and industrial plots. However, the Authority was only able to generate traction while allocating industrial plots. ....