Close Menu
KahawaTunguKahawaTungu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawaTunguKahawaTungu
    Subscribe
    • HOME
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
      • AFCON
    • HOW-TO
    • WORLD NEWS
    • OBITUARIES
    • JOBS
    KahawaTunguKahawaTungu
    Home ยป Billionaire Naushad Merali Accused of Breaching Apartment Sales Agreement
    WORLD NEWS

    Billionaire Naushad Merali Accused of Breaching Apartment Sales Agreement

    Merxcine CushBy Merxcine CushJuly 18, 2018Updated:March 19, 20191 Comment3 Mins Read
    Share Facebook Twitter WhatsApp Telegram
    Muthaiga Heights
    /courtesy
    Share
    Facebook Twitter Telegram WhatsApp
    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 or WhatsApp +254707482874

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

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

    Related Posts

    Swiss citizen dies in Iran prison after spying arrest

    January 10, 2025

    Jimmy Carter unites US as presidents attend state funeral

    January 10, 2025

    Army Chief Joseph Aoun Elected Lebanon’s President After Years of Deadlock

    January 9, 2025

    Los Angeles Wildfires Spread to Hollywood as 100,000 Ordered to Evacuate

    January 9, 2025
    View 1 Comment
    Leave A Reply Cancel Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.







    Latest Posts
    SPORTS

    Everton sack manager Dyche with club 16th in Premier League

    By Oki Bin OkiJanuary 10, 2025

    Sean Dyche has been sacked as Everton manager after less than two years in charge…

    WORLD NEWS

    Swiss citizen dies in Iran prison after spying arrest

    By Oki Bin OkiJanuary 10, 2025

    A Swiss national arrested in Iran and accused of spying has died in prison, according…

    WORLD NEWS

    Jimmy Carter unites US as presidents attend state funeral

    By Oki Bin OkiJanuary 10, 2025

    Jimmy Carter brought a brief moment of national unity to a divided America Thursday as…

    WORLD NEWS

    Army Chief Joseph Aoun Elected Lebanon’s President After Years of Deadlock

    By KahawaTungu ReporterJanuary 9, 2025

    Lebanon’s parliament has elected the country’s army chief as president, ending a power vacuum that…

    KNOW YOUR CELEBRITY

    Colin Cowherd Siblings: All About Marlene

    By Kevin KoechJanuary 9, 2025

    Colin Cowherd is a prominent American sports media personality, best known for hosting The Herd…

    KahawaTungu
    Facebook X (Twitter) Instagram YouTube WhatsApp Telegram
    • Advertise
    • Disclaimer
    • Terms & Conditions
    • Contact Us
    © 2025 Kahawatungu.com

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

    Go to mobile version