{"id":7111,"date":"2022-10-30T15:40:22","date_gmt":"2022-10-30T15:40:22","guid":{"rendered":"https:\/\/ugandaupdatenews.com\/?p=7111"},"modified":"2022-10-30T15:40:29","modified_gmt":"2022-10-30T15:40:29","slug":"minister-nabakooba-rallies-real-estate-developers-to-build-affordable-houses-for-low-income-earners","status":"publish","type":"post","link":"https:\/\/prowebinhost.com\/anzu\/minister-nabakooba-rallies-real-estate-developers-to-build-affordable-houses-for-low-income-earners\/","title":{"rendered":"MINISTER NABAKOOBA RALLIES REAL ESTATE DEVELOPERS TO BUILD AFFORDABLE HOUSES FOR LOW INCOME EARNERS"},"content":{"rendered":"\n

By Our Reporter<\/strong><\/p>\n\n\n\n

In Kampala<\/strong><\/p>\n\n\n\n

The Minister of Lands, Housing and Urban Development, Judith Nabakooba has asked  Uganda\u2019s real estate industry players to provide  solutions towards the housing needs of low income earners  to bridge Uganda\u2019s housing deficit.<\/p>\n\n\n\n

 Uganda  has a deficit of more than 8 million housing units and Nabakooba said government was interested to partner with different  several stakeholders in the housing sector \u2013 including real estate developers  to fill the gap .<\/p>\n\n\n\n

Nabakooba was speaking at the launching of Buildnet\u2019s Olive Homes Apartments in Naalya .The Minister said that  key players in the real estate industry must work together to extend opportunities to all Ugandans regardless of their incomes to have decent housing .<\/p>\n\n\n\n

\u201cEveryone wants to have a good house and an affordable house, everyone wants to live in a well-planned and safe environment. Working together with private investors like Buildnet, I am sure that we will be able to solve the challenge of housing shortages,\u201d  Nabakooba stated .<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The minister said Buildnet is one of those companies that are defining Uganda\u2019s real estate industry and  the ministry value the role played  by the real estate industry to provide decent accommodation for millions of  Ugandans .<\/p>\n\n\n\n

\u201cI therefore must commend the work and investment undertaken by Buildnet towards solving Uganda\u2019s housing shortages . As government, we are doing our best to ensure that the real estate industry thrives.<\/p>\n\n\n\n

Government has already put in place all the relevant policy and legal frameworks including the National Land use Policy, 2009; National Land Policy, 2013; National Housing Policy, 2018; and the National Urban Policy, 2016 for the proper growth of the housing industry .<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

 Nabakooba further explained that government through her ministry is  working with other line ministries to support the real estate industry by putting place well planed  related services such as  as good  roads, security, access to water and power.<\/p>\n\n\n\n

\u201cMy Ministry is also working to streamline land purchase and verification processes by taking all the processes online. The online processes will help  to eliminate  fraud that had become rampant in this industry.\u201d<\/p>\n\n\n\n

The minister said that much as Uganda is now enjoying the best real estate environment in the region and the entire Africa, there are a few things she recommends in order for the industry  to realise its best potential.<\/p>\n\n\n\n

\u201cStrengthening self-regulation and management as an industry. As a key sector, you have so many individual players like brokers, investors. The industry must be able to have basic professional code of conduct.\u201d<\/p>\n\n\n\n

The industry  should have  system that stipulates punishment for those who go against the professional  code of conduct. Members of the public must be in position to know where to report in case a real estate agent fails to provide the agreed upon services. The real estate industry needs to win the trust of the public in order for it to realise its best possible outcomes.\u201d<\/p>\n\n\n\n

In his remarks, Dr Ibrahim Ssemaganda, the Executive Director Buildnet thanked the minister for putting in place enabling policies that allow private players in the real estate industry to create change. He said that  the quality of their products  and finishing projects in stipulated timelines is what defines their construction operations.<\/p>\n\n\n\n

\u201cWe do not just simply put a roof to your head but we ensure that our apartments are built to the required quality. We pay attention to detail to build lasting structures,\u201d he said. Dr Ssemaganda added that as buildnet, they believe in quality with long time value.<\/p>\n\n\n\n

\u201cToday we have handed over 24 apartments (17 with one bedroom and seven with two bedrooms. We started construction in August last year and ended in October 2022. We are yet to hand over another 120 apartments, Najjera Heights and Raven apartments.”<\/p>\n","protected":false},"excerpt":{"rendered":"

By Our Reporter In Kampala The Minister of Lands, Housing and Urban Development, Judith Nabakooba has asked  Uganda\u2019s real estate<\/p>\n","protected":false},"author":1,"featured_media":7115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[201,168],"tags":[],"class_list":["post-7111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing","category-national-development"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/IMG-20221030-WA0046-1.jpg","jetpack-related-posts":[{"id":12602,"url":"https:\/\/prowebinhost.com\/anzu\/lands-minister-nabakooba-urges-real-estate-developers-to-embrace-latest-technologies-to-grow-the-sector\/","url_meta":{"origin":7111,"position":0},"title":"Lands Minister Nabakooba Urges \u00a0Real Estate Developers To Embrace Latest Technologies to Grow The Sector","author":"UgandaUpdate","date":"August 9, 2024","format":false,"excerpt":"By Our Reporter Real estate developers have been urged to embrace the latest technologies on the international market to boost the country\u2019s construction sector. 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While opening the construction sector dialogue at UMA head office in Lugogo ,\u00a0 Judith Nabakooba, the Minister of Lands underscored\u2026","rel":"","context":"In "National News"","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/judi.jpg 3x"},"classes":[]},{"id":8331,"url":"https:\/\/prowebinhost.com\/anzu\/govt-to-construct-houses-for-low-income-earners-lands-minister-nabakooba\/","url_meta":{"origin":7111,"position":2},"title":"Govt \u00a0to construct houses for low income earners- \u00a0Lands Minister Nabakooba","author":"UgandaUpdate","date":"February 25, 2023","format":false,"excerpt":"By Our Reporter Lands, Housing and Urban Development minister, Judith Nabakooba has assured Ugandans that the government is exploring all possible options to construct low cost houses for low income earners. 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