Property mogul, Sudhir Ruparelia Property owners have protested Parliament’s move to pass a law that would force them to charge rent in Uganda shillings as opposed to dollars. The landlords says MPs should go for Uganda Revenue Authority (URA) that is charging them in dollars. Property moguls, Sudhir Ruparelia and
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Muhammad Kamoga accused of fraudulently acquiring a 250 acre land at Bukaaya, Wakiso District. A city businessman Peter Babingamba and property agent, Muhammad Kamoga are embroiled in a dispute over ownership of a 250-acre land at Bukaaya Village near Garuga in Wakiso District. It is alleged that in June
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A section of lawmakers want a law put in place to ensure that during emergency situations like lockdown, rent arrears owed to tenants are waived off because they aren’t responsible for the calamities. The call was made by Sarah Opendi (DWR Tororo) while receiving views from Kampala Capital City Traders
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An apartment with condos posted by Prospects Real Estates Agency on social media with a one bedroom condo priced at 199 million shillings ($55,000) Prospects Real Estates Agency has been running an advert of condominiums in Najjera-Buwatte on its social media pages: UGX 399 million for 3 bedrooms with 2
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By Hassan Kitenda People have often asked if real estate is a risky investment? This is a question that will continue to be subject to numerous debates. Real estate is a pretty good option to invest in your money it's one of the best ways to build wealth, and no
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By Denis Jjuuko There was a recent debate on Twitter on the cost of houses in Kampala. The argument was that houses were cheaper in some parts of north America and western Europe than in dingy Kampala and Wakiso. A four bedroom flat in Mbuya goes for Shs650m or US$185,000.
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Hussein Sekinalya, Director of Client Relations at Real Muloodi News Network Ugandan commercial real estate news, information and data resource for industry professionals, Real Muloodi News Network, has announced the formal launch of the Real Estate Industry Map and Directory. This directory will assist readers in identifying and communicating with
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Housing Finance Bank Managing Director Mr. Michael K. Mugabi (L) exchanging documents with Chief Executive Officer of Buganda Land Board, Omuk. Simon Kabogoza Housing Finance Bank has strengthened its partnership with Buganda Land Board, (BLB), with strengthened focus on easing the process for Bibanja/kibanja owners to acquire lease-hold certificates of title.
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The Ministry of Trade, Industries and Cooperatives has kick started discussions to see how both tenants and the property owners can share losses caused by the COVID-19 lockdown so that both parties can remain in business without either party struggling to stay afloat. The plan was revealed by David Bahati, State
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Kween County MP-elect William Chemonges Police’s Special Investigations Unit (SIU) based in Kireka has started investigations into real estate dealings involving Kween County MP-elect William Chemonges. The Inspector General of Police (IGP) Martin Okoth Ochola ordered SIU to conduct the probe after victims petitioned him citing fraud allegations against the MP-elect.
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