Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Friday, Dec 19, 2014
Groups
To contribute to these and use other features, please register.
LATEST DISCUSSIONS
Mhasibu Property project [46]
Best Shares to buy now [6]
UNAITAS [366]
kenya african national traders union KANTAFU [15]
Kamuthi Housing Sacco [18]
Kenya Sacco's 2013 Performance [15]
How true is FEP?? [86]
Guys making big money At NSE [13]
Stima Sacco shares available for sale cum-dividend [9]
M.I.C.L (the next bus?) [12]
Mhasibu Investment Company Limited (MICL) Rights [24]
Investment Idea [10]
Urithi housing co-operative society ltd [18]
The best sacco to join [113]
Kitemoto Housing Co-operative Society [2]
 
Forum Jump




Welcome Guest Search | Active Topics | Log In | Register

3 Pages123>
Mhasibu Property project
KulaRaha
#1 Posted : Friday, June 25, 2010 12:35:49 PM
Rank: Elder


Joined: 7/26/2007
Posts: 4,301
I saw an ad in yesterday's Nation where Mhasibu was advertising plots for sale in Ruiru.

I understand from people all their past projects have been hits and extremely profitable for buyers.

How will this one do? Am so tempted to put money and get a couple of plots, they're not so expensive.
KulaRaha attached the following image(s):
mhasibu3.jpg (26kb) downloaded 12 time(s).
Business opportunities are like buses,there's always another one coming
respect
#2 Posted : Friday, June 25, 2010 12:45:10 PM
Rank: Member


Joined: 1/30/2009
Posts: 5
I Didnt see yesterday 'Nation'

What are sizes , how far from Ruiru and what is the price?

would be interested .
KulaRaha
#3 Posted : Friday, June 25, 2010 1:24:02 PM
Rank: Elder


Joined: 7/26/2007
Posts: 4,301
Call call Carol 0770443633 at Mhasibu. Its 190k for an eigth...9km from Ruiru....is that a good price? Seems fair
Business opportunities are like buses,there's always another one coming
Kwanini
#4 Posted : Friday, June 25, 2010 3:27:23 PM
Rank: Member


Joined: 1/28/2009
Posts: 349
Location: Cloud
@kulahepi,

been sniffin around there. but my hopes were dashed upon finding that the orig. title is NOT in their name and worse they do not even have a deed plan. Wacha nikimbie ruai ama syokimau- omundu khu mundu.
"For i am the master and the captain of my fate"
haiyaa
#5 Posted : Friday, June 25, 2010 3:49:00 PM
Rank: Member


Joined: 7/23/2008
Posts: 99
Most in syokimau are on certificate , unlikely to get one with title.Price very high.
You are most likely to be conned there(syokimau and Ruai).

I think Mhasibu is one of the most respectable and transparent saccos we have in kenya.

Its headed by accountants and you know accountants are very conservative .Though Im not a member, I have friends who are Mhasibu sacco members and they always praise it .Members in this forum can confirm.

See their accounts and activities here:
http://www.mhasibusacco.com/
KulaRaha
#6 Posted : Friday, June 25, 2010 4:15:24 PM
Rank: Elder


Joined: 7/26/2007
Posts: 4,301
I agree with haiyaa, buying from Mhasibu is better than any other vendor...they will NOT con.

I will buy, this looks like a good long-term project with decent returns.
Business opportunities are like buses,there's always another one coming
Rahatupu
#7 Posted : Friday, June 25, 2010 5:00:56 PM
Rank: Veteran


Joined: 12/4/2009
Posts: 1,365
Location: matano manne
I also think they are worth a gamble. But before I plunge, I wonder if a check of the prices in the neighboring area might seem cheaper - the risk not withstanding. Anybody with price info of this area??
kadonye
#8 Posted : Sunday, July 04, 2010 8:38:22 AM
Rank: Elder


Joined: 5/30/2009
Posts: 1,390
Which side of Ruiru?bypass?Last yr plots of the same size on the bypass were going for 250k
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
KulaRaha
#9 Posted : Monday, July 05, 2010 9:06:29 AM
Rank: Elder


Joined: 7/26/2007
Posts: 4,301
These are next to the new JKUAT campus plot they have purchased.
Business opportunities are like buses,there's always another one coming
groupielove
#10 Posted : Wednesday, July 07, 2010 2:51:59 PM
Rank: Member


Joined: 6/21/2010
Posts: 117
Location: Nairobi
I visited the Mhasibu plots located exactly 11kms from Juja town (and not Ruiru as earlier depicted)THe farm hasn't been sub-divided yet but they will after the land has been bought and paid in full. An eighth goes for ksh 190k which is cheap. There is no reliable means of transport and the cotton soil is not good for vegetation. Tall trees cannot also survive due to underground rock which is very close to the service. However, building stones are readily available there and the building foundation will cost much cheaper. Mhasibu says it will be a controlled development and one can pay in bits. Both members and non-members are elligible to buy
KulaRaha
#11 Posted : Wednesday, July 07, 2010 3:52:41 PM
Rank: Elder


Joined: 7/26/2007
Posts: 4,301
I dont think this project is for people to buy and plant trees. It is a residential project and there will be controlled development and rules surrounding what one can put up.

However, I'm sure an Amiran greenhouse would do quite well while buyers wait for development to begin. I understand there are several boreholes in the area so water would not be an issue until Mhasibu dig their own (which I was told is part of the project).

They have already sold 500 plots, and have 800 left. Thats a huge uptake given the short period of time they have been selling.
Business opportunities are like buses,there's always another one coming
KulaRaha
#12 Posted : Wednesday, July 07, 2010 3:58:01 PM
Rank: Elder


Joined: 7/26/2007
Posts: 4,301
Disclosure: I bought a plot.
Business opportunities are like buses,there's always another one coming
ruby
#13 Posted : Wednesday, July 07, 2010 4:27:11 PM
Rank: Member


Joined: 3/31/2009
Posts: 56
@groupielove Mhasibu have been selling plots in Runda, Ruiru AND Juja. The Ruiru ones were formally owned by Stanley Githunguri and most, if not all have already been sold.
KulaRaha
#14 Posted : Wednesday, July 07, 2010 4:35:18 PM
Rank: Elder


Joined: 7/26/2007
Posts: 4,301
Ruby, can you give us some details about the Ruiru and Runda projects? Were they successful?
Business opportunities are like buses,there's always another one coming
nostoppingthis
#15 Posted : Wednesday, July 07, 2010 5:04:04 PM
Rank: Chief


Joined: 8/24/2009
Posts: 5,899
Location: Nairobi
@ Kwanini, who would be the holder of the original title deed? Can someone clarify the by-pass near/around this parcel of land?
KulaRaha
#16 Posted : Wednesday, July 07, 2010 5:19:55 PM
Rank: Elder


Joined: 7/26/2007
Posts: 4,301
I understand it is like 400m away from the new bypass that connects Thika to Mombasa road through Ruai and Kangundo. That bypass is already tarmaced from Mombasa Road to Ruiru.

These plots are gold, just watch!
Business opportunities are like buses,there's always another one coming
sceptic
#17 Posted : Sunday, July 18, 2010 1:10:32 AM
Rank: New-farer


Joined: 7/18/2010
Posts: 12
Location: nairobi
visited the site today and didnt like the procedure!where in kenya does one buy land without conducting a search first??they said they couldnt avail the info needed for a search!they said trust is what mattersLaughing out loudly again they say is not mhasibu selling per se,its a housing company,which thay didnt bother to let us know its name!
Im surprised to hear the original title is under Stanley Githunguri while i was told it was under a Mr.Kigwe.
There was no map to show the layout,might be bypass land for all we know!
i smell a rat!
groupielove
#18 Posted : Thursday, July 22, 2010 4:10:48 PM
Rank: Member


Joined: 6/21/2010
Posts: 117
Location: Nairobi
This plot is always advertised in the Daily nation all thursdays.Today they are indicating that 60% of the plot has been sold off.I think it is a fair deal if at all it is genuine. They say the housing company is Mhasibu housing co. which is fully owned by Mhasibu sacco. I still feel the fact tht you can't have a tree shade in your compound and the fact that there is a very poor drainage system is a minus. The price and the fact that the bypass is very close, together with availability of construction materials is a major plus
Wamutonyi
#19 Posted : Friday, July 23, 2010 4:48:14 PM
Rank: New-farer


Joined: 1/4/2010
Posts: 93
I agree with @Sceptic; I also visited the site which is about 11KM from Thika Hway. In my opinion, the price is on the higher side considering that the title deeds will not come out soon, the road maps are not there and the land not yet subdivided. Not a very fair deal. This is my opinion anyway
niando
#20 Posted : Friday, July 23, 2010 6:09:45 PM
Rank: Member


Joined: 6/5/2008
Posts: 174
I am a Mhasibu sacco member

The plots are being sold by the Mhasibu housing company.One thing I know of Mhasibu people is that they are very unlikely to enter into conning league

Being an accountant's society.They maintain a very high degree of integrity.Due to the strict professional ethics of the ICPAK.

The title transfer will definitely be made to the society.They have been selling plots in a similar way including some in Runda and no complains from members so far.In the unlikely event that something goes wrong,I know that they would have no problem making a refund of cash paid.

And as to the price .Cheap is expensive.You may get a lower price but get conned.

Better go for the genuine people and pay more.

The land is adjacent to a proposed JKUAT campus.For those patient enough , they are likely to reap bigtime.
For bookkeeping and bank loan interest recalculation try us:niando.becia@gmail.com
Users browsing this topic
Guest
3 Pages123>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2014 Wazua.co.ke. All Rights Reserved.