The Developer's Digest, April - July 2017 Issue

HAVE YOUR SAY
KPDA PARTNERSHIPS
DUE DILIGENCE GUIDE IN INVESTING IN KENYAN REAL ESTATE:
invest in any property development
project, it is good to observe major
property development projects.
You can also find information about
common real estate scam cases via
media. Usually, real estate fraudsters
try to use same technique to
deceive people. This makes it a little
easy to identify scam property deal.
4. Try to work with certified
professionals. It is critically
important to work with authorized
real estate agents and property
management companies.
Moreover, if you are individually
selling or renting your property to
a buyer or tenant, make sure about
his employment and bank balance.
If a person you are dealing with
shows a complex background be
careful, he may be a scam artist.
5. Always be ready to quit any real
estate deal in case you don’t get
satisfactory answers to any of your
questions related to the property
you are going to buy or rent. Even
if the offer is too good, keep it in
mind that real estate deals must
be profitable for both the parties.
Don’t focus only on what you will be
getting after the deal; also consider
what other party will get at the end.
6. Similarly, keep an eye on your bank
accounts; you will also become
victim of identity theft that may lead
to involve you in sort of corruption
and fake bank transactions. Scam
artists can open fake accounts with
your name and make scam deals on
your name. Maintain proper data of
your accounts and properties you
possess to avoid such incidents of
identity thefts.
7. Avoid paying beyond your capacity
to pay for a property. Real estate
scams also betray buyers and sellers
showing them urgency to sell or
purchase assets and encourage
them to pay extra money for the
property or finalizing sale deal
below actual market prices. It is
important to consider correct value
of property ad your budget limits.
Following these simple tips will help
you to avoid real estate property scams.
Whether you are going to purchase,
sale or rent a property. There are always
chances to become a victim, only careful
observation of whole business process
will protect you from property scams.
REFERENCES
1. http://www.buyrentkenya.com/blog/
your-due-diligence-guide-when-buyingreal-estate-in-kenya
2. http://www.bhomes.com/blog/post/
avoid-real-estate-property-scams.aspx
(+971 600 52 2233 | customercare@
bhomes.com)
VALUE OF JOINING THE KPDA FAMILY
The Kenya Property Developers Association was
established in Nairobi in 2006 as the representative
body of the residential, commercial and industrial
property development sector in Kenya. It is an emerging
Business Member Organisation which works in proactive
partnership with policy-makers, financiers and citizens
to ensure that the property development industry grows
rapidly but in an organized, efficient, economical and
ethical manner. Our current membership stands at 85
members.
The Association’s strategic objectives include working
with the Government and other stakeholders to promote
policies that stimulate the property sector; contributing
to excellence in building through promotion of worldclass
ethical standards and educational programs;
compiling focused research and analysis to inform
investment decisions, policy analysis and public
education; developing new financing mechanisms
to help low and middle income Kenyan families own
homes; providing a forum where property investors
can share expertise and build business contacts; and
harmonising development activities with citizen
concerns, like neighbourhood associations and
environmental preservation groups.
Our members enjoy the following:
• Advocacy that champions the interests of the
industry to both the public sector and the
wider private sector to ensure a better business
environment for the property industry;
• Information on the latest issues affecting the
industry, via regular publications, newsletters,
media reports and research;
• Networking events, putting members in touch
with industry leaders and potential clients;
• Professional development courses which reflect
the changing nature of the property industry;
• Marketing opportunities for member companies
with discounts offered to various advertising
platforms;
• Discounted rate at both KPDA events and
events organized by international and regional
organizations in the building and construction
industry;
• Access to emerging markets and exposure to joint
venture opportunities.
While KPDA membership is open only to companies, the
benefits of membership extend to all staff in member
companies.
Let KPDA become your partner in advocacy, education,
information, research and helping develop your
business.
Become a part of this formidable family!
For more information, kindly contact our KPDA
secretariat on 0737 530 290 or 0705 277 787 or by
email e.kayaki@kpda.or.ke.
ABOUT KENYA GREEN
BUILDING SOCIETY
The Kenya Green Building Society
(KGBS) is an independent, non-profit
membership based society registered
with the World Green Building Council as
its Kenya Chapter. KGBS is mandated to
certify the built environment, advocate
for green buildings and train green
building professionals.
KGBS is the leading Green Building
movement in the Kenyan market that
ensure buildings are designed and built
sustainably. Currently, KGBS using Green
ABOUT TOWN AND COUNTY
PLANNERS ASSOCIATION OF
KENYA (TCPAK)
The Town and County Planners Association
of Kenya or TCPAK is a corporate body
comprising of town, county and country
planners, and/or urban and regional
planners and/or physical planners. The
Association promotes professional
development, education, public
awareness, sustainable development and
the protection and conservation of the
built and natural environment.
Our Vision
To be the premier and leading town,
star SA rating tool We are a dedicated
team of professionals working in
collaboration with industry experts,
leaders, government departments to
develop modern day building best
practices crafted to suit the Kenyan
dynamic property industry.
Our Vision
The Kenya Green Building Society
seeks to lead the transformation in
the construction industry towards
environmentally sustainable buildings,
promoting healthy and efficient
environments.
county, regional and country planning
association of choice in Kenya and the
world.
Our Mission
The Association exists to advance
sustainable, integrated and inclusive
association for the benefit of the
town, county and country planners
and professional growth of members
through professional practice, advancing
knowledge and technologies, research,
championing the rights of town
planners and conducting professional
development programs.
Our Mission
To Promote and improve the awareness
of green building design practices,
programs, technologies and operations.
To enable the objective measurement
and recognition of green building
practices by developing and operating a
green building rating system.
Why become a member?
As a member of the Green Building
Council SA, your company will play a
critical role in transforming the South
African built environment. You will
become part of our network of industry
leaders and pioneers, collectively
championing the green building cause
and accelerating the development and
adoption of best practices.
Visit Us
Kenya Green Building Society
Kiambu Road, Nairobi.
Tel: +254 710 869 547
Email: admin@
kenyagreenbuildingsociety.co.ke
Our Value Statement
A responsive professional association
of town, county and country planners
which is professional, accountable,
democratic and mutually supportive.
Membership Options
1. Honorary
2. Fellow
3. Corporate
4. Graduate
5. Technician
6. Student
7. Visitng
8. Firm
9. Institutional
10. Associate
For more information on TCPAK please visit
Town and County Planners
Association of Kenya
Block 2, White Court, Galana Road,
Kilimani, Nairobi
P. O. Box 15692 – 00100 GPO Nairobi,
Kenya
Tel: +254 721 345 611
Email: info@tcpak.com
http://www.tcpak.com
Kenya Property Developers Association... Development brings Development!
Kenya Property Developers Association... Development brings Development!
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