Last Updated on May 15, 2026 by courtnews reporter

Nairobi Businessman Rajendra Ratilal Sanghani Moves to Court to Stop Sale of Ksh 70 Million Peponi Road Property

Published: May 15, 2026 | 1:10 AM EAT

Nairobi businessman Rajendra Ratilal Sanghani has moved to the Environment and Land Court seeking urgent orders to stop the sale, transfer, charging, or any disposal of a disputed Ksh 70 million property along Peponi Road in Nairobi.

The property at the centre of the legal battle is registered as Nairobi/Block 6/263/8 (SAGE Development).

According to court documents, Sanghani wants interim protection of the property pending hearing and determination of the case.

read:Somali Tycoon Adan Haji Isaack Accused of Using Goons to Terrorize Professor in Peponi Land Dispute

Property Was Allegedly Headed for Auction

Court papers indicate that Sanghani entered into a sale agreement dated December 18, 2025, with:

• Thomas Kilonzo Mwanza

• Karen Nkatha Rimita

for the purchase of the property at Ksh 70 million.

At the time, the property was allegedly facing a public auction scheduled for December 19, 2025, due to an outstanding charge held by Stanbic Bank.

Sanghani Says He Paid Ksh 7 Million to Rescue Property

According to the court filings, Sanghani says he intervened to save the property from auction by making a direct payment of Ksh 7 million into the Stanbic Bank loan account tied to the property.

He says the payment formed part of the contractual deposit and represented 10% of the agreed purchase price.

The businessman further claims he later advanced an additional Ksh 1 million at the request of the first defendant to facilitate the transaction.

According to his affidavit, these payments helped ease the immediate financial pressure and halted the threatened auction.

Vendors Allegedly Tried to Exit Deal

Court documents show that after the auction threat was removed, the sellers allegedly indicated they wanted to walk away from the transaction.

Lawyers acting for Karen Nkatha Rimita reportedly issued a notice dated January 29, 2026, expressing willingness to refund the Ksh 7 million deposit, subject to execution of a mutual termination and discharge agreement.

However, Sanghani says no such agreement was ever signed.

Businessman Says He Was Ready to Complete Purchase

In his filings, Sanghani maintains he remained financially ready and willing to complete the transaction under the agreed terms.

He accuses the vendors of failing to provide the required completion documents before later claiming the agreement had lapsed.

In his supporting affidavit, he states:

“I materially altered my position and accorded the Defendants substantial and immediate relief from the threatened auction and charge pressure.”

Matter Pending in Environment and Land Court

The dispute is now pending before the Environment and Land Court in Nairobi, where Sanghani is seeking interim orders preserving the property until the case is heard.

The outcome could determine ownership of the prime Nairobi property and whether the transaction can proceed.