The Lavish Houses Owned By William Kabogo Selling For Ksh 65 million Each

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Nestled in the lush landscapes of Runda, Nairobi, Iguta Paradise Homes stands as a beacon of modern living, where luxury meets tranquility.

This exquisite residential development is not just a collection of townhouses; it embodies a lifestyle choice for those seeking comfort, elegance, and community.

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In this article, WoA delves into what makes Iguta Paradise Homes a standout choice for prospective homeowners, we will explore its architectural features, community amenities, and the vision behind its creation.

Ownership

The development of Iguta Paradise Homes is attributed to former Kiambu Governor William Kabogo.

Reports indicate that the project was undertaken through his firm, Arcoverde Kenya Limited.

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The estate was constructed on land that has been the subject of legal disputes, with allegations suggesting that Kabogo acquired the property under contentious circumstances.

Unit costs and purchase options

At the time of completion, each townhouse in Iguta Paradise Homes was reportedly sold for approximately KSh 42 million.

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In recent years, the value of these units has appreciated, with current listings indicating prices around KSh 65 million per unit.

For those interested in renting, the townhouses are available at a monthly rate of approximately Ksh 300,000.

The townhouses span approximately 3,303 square feet and include four ensuite bedrooms, with the master bedroom featuring a walk-in wardrobe and private balcony.

Spacious lounge and dining areas open to outdoor patios and gardens, with a family/TV room.

The imported fitted open-plan kitchen is designed with provisions for modern appliances, alongside a pantry, utility yard, and domestic staff quarters.

The estate offers a range of communal amenities, including a fully equipped gym and spa with a jacuzzi, sauna, steam rooms, and a yoga/Pilates studio.

Two outdoor swimming pools—one for kids and one for laps—are available, as well as landscaped green spaces with jogging and walking tracks.

A children’s play area is provided, along with backup power systems and solar water heating. High-level security features include electric fencing and CCTV surveillance.

Controversies and legal disputes

The development of Iguta Paradise Homes has been marred by legal disputes and allegations of land grabbing.

Businessman Kimani Kabogo claims that the land on which the estate stands was unlawfully acquired from him.

According to court documents, Kimani alleges that he owned the property in the 1990s and had used it as collateral for loans.

Facing financial difficulties, he sought assistance from Kabogo to offset the loans, under the agreement that the land would be held in trust, and profits from its eventual sale or development would be shared equally.

However, Kimani alleges that Kabogo took possession of the land, evicted him and his siblings in 2016, and proceeded to develop Iguta Paradise Homes without honoring their agreement.

In 2017, Kimani filed a lawsuit seeking compensation of KSh 387 million.

The High Court ruled in favor of Kabogo in 2018, citing the absence of a formal contract.

Kimani appealed the decision, and the case remains under judicial consideration.

Additionally, Kabogo has faced other legal challenges concerning land ownership.

In December 2019, the Court of Appeal upheld a directive compelling him to pay KSh 100 million in compensation for the seizure of a 7.5-acre plot in Westlands, Nairobi.

The court found that Kabogo, through his company Carroget Investment Limited, had irregularly occupied the land for ten years.

More recently, in March 2023, Kabogo was implicated in a scheme involving the alleged grabbing of land worth KSh 358 million in Mombasa, alongside other prominent individuals.

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