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Uganda Government to review housing law

Thursday, 4th August, 2011

The Uganda housing policy will be reviewed to put into consideration the increasing demand for houses, the escalating cost of building materials and the high interest rates, housing and urban development minister Daudi Migereko, has said.

Uganda has a housing deficit of 660,000 units. The demand is projected to increase by 20.7% from 5.2% soon.

The minister noted that this had led to the development of slums because the supply of houses is far below the demand.

“It is also important to note that 60% of the populations in urban areas in Uganda live in slums,” he added.

The minister was speaking ahead of the 9th Annual Construction and Interiors exhibition that starts today at the UMA Main Exhibition Hall in Lugogo.

The housing and urban development ministry organised the event with International Links Limited under the theme “Efficiency in construction for maximum returns”.

The show will bring together exhibitors from the real estate and road construction sector, roofing products dealers and solar energy.

Others are water supply, storage and purification equipment, cement, paints and finishes, doors and windows, furniture and kitchen materials, site works and equipment.

By Prossy Nandudu : The New Vision Newspaper

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Aug 10, 2011
Uganda Real estate policy in offing
by: Anonymous

Wednesday, 10th August, 2011
A policy that seeks to control real estate agents and curb fraud in the sector is in the offing. ?Plans are underway to develop an appropriate policy and legislative framework to govern the sub-sector this financial year,? said lands, housing and urban development minister Daudi Migereko.

He explained that the policy would address the needs and structural impediments that discourage private sector competitiveness and investment in the real estate sub-sector.

Migereko made the remarks while closing a stakeholders? workshop at Hotel Africana in Kampala recently.

The workshop, which was organised by the Buganda Land Board and the lands ministry, discussed challenges faced in the management of the real estate sector in Buganda.

Migereko noted that although the real estate sector was key to the country?s development, it remained unregulated.

He added that most of the land and real estate brokers were not registered.

?Property owners have lost land in fraudulent transactions, while buyers have lost money because of the absence of a law to regulate the sub-sector,? the minister explained.

He said the National Physical Planning Act passed last year declared the entire country a planning zone, adding that it was important to enforce it to have a well-planned country.

Migereko also said there was demand for low-and-middle-cost houses, encouraging sector players to invest in decent and affordable housing.

BY RAYMOND BAGUMA: The New Vision Newspaper

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