Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    WORLD NEWS

    Billionaire Naushad Merali Accused of Breaching Apartment Sales Agreement

    Merxcine CushBy Merxcine CushJuly 18, 2018Updated:March 19, 2019No Comments3 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    Muthaiga Heights
    /courtesy
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link
    Muthaiga Heights
    /courtesy

    A purchaser of the exquisite Muthaiga Heights apartment on 6th Parklands Avenue in Nairobi has made a complaint against Toner Holdings Limited a company belonging to billionaire business man Naushad Meralli.

    The billionaire is said to be the owner of the company developing Muthaiga Heights apartments. He is known for his for his shares in mobile network Airtel among other companies.

    The claimant who has sort redress under the Arbitration court says that there was misrepresentation in the sale agreement as to what the premises would offer.

    According to witness statements seen by Kahawa Tungu, the purchaser Naseem Noor bought the property from’ off plan’ and they were yet to be constructed.

    The sale agreement indicated that the apartments would have designated parking spaces for tenants, fire extinguishers and automatic fire alarms and sprinkler systems, a fully operational restaurant and coffee shop, 24 hour backup generator and two lifts per apartment tower.

    The purchaser said he was given possession of one of the apartments and is yet to be given possession of the second one but was allowed to store furniture. He said that what was contained in the brochure or oral representations.

    The claimant claims that prior to the signing of the sale agreement and payment of the full purchase price it was indicated that solar water heating systems would be installed for each unit. The same is still being indicated to prospective purchasers. Attempts to install the same at the purchasers costs have since been declined.

    He says he receives an invoice for service charge without receiving audited accounts of how the said amount of money is utilized.

    Read:Former Uchumi Supermarket CEOJuliu Kipng’etich Appointed Regional CEO Of Jubilee Holdings

    The biggest misrepresentation is the presence of a hotel within the premises which compromises the privacy of the the premises. The claimant said that Toner Holdings Limited have breached the terms of the National Environment Authority (N.E.M.A) by allowing a residential hotel instead of a coffee shop as earlier indicated.

    Aside from all these breaches the fixtures within the property are of substandard quality, The bathrooms were fitted with polished tiles instead of anti slip tiles therefore increasing the risk of accidents. They also failed to fit various bathroom accessories such as a soap dish and toilet roll holders which the purchaser had to install at their own cost.

    The claimants says that attempts to engage Toner Holdings Limited have proved futile.

    Do you have a story you want told? Do you know of a sensitive story you would like us to get our hands on? Email your news TIPS to Editor@kahawatungu.com

     

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Muthaiga Heights Naushad Merali NEMA
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    Merxcine Cush
    • Facebook

    You got a story that needs to be covered? Send it via Email Editor@Kahawatungu.com

    Related Posts

    Nine policemen sentenced to death in India over Covid custody killings

    April 7, 2026

    JD Vance due in Hungary to back Orban’s re-election bid

    April 7, 2026

    Australia’s most-decorated soldier arrested over alleged war crimes – local media

    April 7, 2026

    Comments are closed.

    Latest Posts

    Lady Gaga Cancels Montreal Show Amid Respiratory Infection

    April 7, 2026

    Court directs police to respond to application to arrest men accused of taking over private estate

    April 7, 2026

    Trevor Story Siblings: Getting to Know Tyler Story

    April 7, 2026

    Carlos Correa Siblings: All About Leibysand and Jean Carlos Correa

    April 7, 2026

    Jung Hoo Lee Siblings: All About Lee Ga-hyun

    April 7, 2026

    Harry Maguire Signs New Manchester United Contract Until 2027

    April 7, 2026

    Lil Tjay Arrested Following Altercation Linked to Offset Shooting Incident

    April 7, 2026

    Coca-Cola Launches ‘Coke with Meals’ Campaign to Celebrate Everyday Dining Moments in Kenya

    April 7, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.