Investors laud Sh755M allocation to fastrack digitisation of land registries
Real estate investors have welcomed the government’s move to allocate Sh755 million for the digitisation of land registries.
This, they noted, will end endemic corruption which has rocked the Lands Ministry for years and also help them to issue title deeds on a timely basis.
“The biggest problem we have been having is on issuing of titles. Most people buy land but they don’t get their title deeds as quickly as possible. The move by the government to allocate more to help in digitising is so timely and will help sort a lot of problems that we have always been accused of,” said Comfort Homes chief executive Hezekiah Kariuki.
Kariuki said the process will also assist in solving succession cases that have denied many families opportunities to develop their ancestral land.
“Almost every family have a succession problem. Land cases are the most difficult. With digitisation, somebody can now be able to track and know who the real owner is, “he said.
CEO Casuarina realtors Patrick Kabui also said the move has come at a time when many people have lost their hard-earned money after they were defrauded by brokers, who have dominated land registries over the years.
Speaking while presenting the 2023/24 budget at the National Assembly, National Treasury Cabinet Secretary Prof Njuguna Ndung’u proposed an allocation of Sh1.2 billion for processing and registration of title deeds.
Another Sh2.6 billion for the settlement of the landless as well as Sh755 million for the digitisation of land registries and Sh138.3 million for the Construction of land registries.
