Embakasi East MP Babu Owino warned on November 11, 2026, that approximately 110 Kenyans could lose their investments in a private housing development in Lavington, Nairobi. The project reportedly stalled, leading to its auction by a bank. Owino raised the issue during a parliamentary session, seeking clarification from the Chairperson of the relevant committee.
The housing project, located in Lavington, had attracted significant investment from local residents. However, delays in construction and administrative issues led to the project being seized by a financial institution. Owino emphasized the financial impact on the affected investors, many of whom had relied on the development for long-term housing solutions.
This situation follows a pattern of stalled infrastructure projects in Nairobi, raising concerns about regulatory oversight and investor protection. Owino’s intervention highlights growing public frustration with delayed developments and the lack of transparency in private sector ventures. The case underscores the need for clearer legal frameworks to safeguard investments in urban housing initiatives.
