Suraya property group to provide proof of sale of Fourways Junction

Suraya Property Group has been given two months to furnish Kenya Revenue Authority with documents regarding the sale of Fourways Junction on Kiambu Road, in a tax dispute amounting to Sh3.5 b.

Justice David Majanja asked Muga Developers to table the documents within 60 days failure to which KRA will enforce the demand of the billions. 

The company constructed a total of 756 housing units known as Fourways Junction, off Kiambu Road.

Out of the 756 Units of Phase 1 and 2, 695 units were completed and sold while phase 3 had ongoing off-plan sales for 152 units.

Documents filed in court show that each unit was being sold for Sh30 million.

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