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๐“๐ฒ๐œ๐จ๐จ๐ง ๐‡๐ž๐š๐๐ฌ ๐ญ๐จ ๐‚๐จ๐ฎ๐ซ๐ญ ๐‚๐ฅ๐š๐ข๐ฆ๐ข๐ง๐  ๐๐ž๐ญ๐ซ๐š๐ฒ๐š๐ฅ ๐ข๐ง ๐Š๐ฌ๐ก ๐Ÿ•๐ŸŽ๐Œ ๐๐ž๐ฉ๐จ๐ง๐ข ๐‘๐จ๐š๐ ๐‹๐š๐ง๐ ๐ƒ๐ž๐š๐ฅ ๐€๐Ÿ๐ญ๐ž๐ซ ๐๐š๐ฒ๐ข๐ง๐  ๐Š๐ฌ๐ก ๐Ÿ•๐Œ ๐ญ๐จ ๐’๐š๐ฏ๐ž ๐๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ฒ ๐…๐ซ๐จ๐ฆ ๐€๐ฎ๐œ๐ญ๐ข๐จ๐ง

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Nyakundi Report

Newsroom 2 min read

Nairobi businessman Rajendra Ratilal Sanghani has moved to the Environment and Land Court in Nairobi seeking urgent orders stopping the sale, transfer, charging or any form of disposal of a disputed property valued at Ksh 70 million, situated along Peponi Road and registered as Nairobi/Block 6/263/8 (SAGE Development), which is at the centre of a breakdown in a property transaction he says he helped rescue from auction.

Court papers show that Sanghani entered into a sale agreement dated December 18, 2025 with Thomas Kilonzo Mwanza and Karen Nkatha Rimita for the purchase of the property at Ksh 70 million, at a time when the property was reportedly set for a public auction scheduled for December 19, 2025 due to an outstanding bank charge held by Stanbic Bank.

According to the filings, Sanghani moved to intervene shortly before the auction by paying Ksh 7 million directly into the Stanbic Bank loan account tied to the property, a payment he says formed part of the contractual deposit and represented 10% of the agreed purchase price, after which he also advanced an additional sum of about Ksh 1 million at the request of the first defendant to facilitate the transaction process.

The court documents further indicate that after the immediate financial pressure on the property was eased and the auction halted, the defendants later indicated an intention to exit the agreement, with advocates acting for Karen Nkatha Rimita issuing a notice on January 29, 2026 expressing willingness to refund the Ksh 7 million deposit subject to execution of a mutual termination and discharge agreement, which Sanghani maintains was never executed or signed by the parties.

In his court filings, Sanghani maintains that he remained ready and financially able to complete the purchase under the agreed terms, but says the vendors failed to provide the completion documents required under the sale agreement before later taking the position that the transaction had lapsed, prompting him to move to court seeking interim protection of the property.

He states in his supporting affidavit that he โ€œmaterially altered my position and accorded the Defendants substantial and immediate relief from the threatened auction and charge pressure.โ€

The matter is pending hearing and determination before the Environment and Land Court in Nairobi.

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