Leading property portal dives into the zoning regulations in the real estate sector
Zoning is quite synonymous in the real estate sector. It helps in regulating the developments in an area ensuring proper construction designs are implemented. For a start zoning is the regulation on land use; the number of buildings to land ratio and number of floors per building, mainly to ensure a compatible development in its use, form and design, primarily to preserve the nature of the community.
Lamudi Kenya General Manager Cynthia Nyamwathi says, “Zoning laws specify what types of dwellings or businesses may reside in a certain area. However, the regulations may change with time but procedurally.”
With the recent status of a middle income economy, pressure will be mounted on the real estate sector that will impact the zoning regulations in Kenya. Some properties will have to change to from residential to commercial or industrial. This is necessitated by the increasing rate of urbanization in the country especially in the major cities; Nairobi, Kisumu and Mombasa, which will push property owners to conform to new buildings to accommodate the rapidly increasing population pressure. Coupled with a housing shortage standing at 100,000 units per year according to the Ministry of Land, Housing and Urban Development, local authorities have to realign their zoning regulations to fill this ever growing demand. Nyamwathi added that the realignment should not interfere with the quality of the community which will disintegrate the standards of the community.
Nairobi County Government recently announced its master plan to that will aid in de-congestion and accommodate the surging rural-urban migration. Decentralization of the some of the services offered by the national government will also aid in the decongestion of Kenya’s capital Nairobi.
Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 28 countries in Asia, the Middle East, Africa and Latin America, with more than 600,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online.
Africa Internet Holding introduces and accelerates the online shift in Africa – for its people and its culture. It is committed to running successful and vibrant internet companies which boost the evolution of African online culture. AIH is the parent group of nine successful and fast-growing companies in more than 20 African countries, accounting for over 3000 staff. AIH cares about entrepreneurship and brings together all the key elements required to build great companies: team, concept, technology and capital. Its network of companies includes JUMIA, Kaymu, Hellofood, Lamudi, Carmudi, Zando, Jovago, Lendico and Easy Taxi.
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