• Thu. Nov 21st, 2024

UGANDA, Kulambiro | Real Muloodi News | Universal Multipurpose Enterprises, the leading affordable housing brand in Uganda, recently announced a partnership with Edifice Properties Ltd., a design-led real estate developer. This collaboration aims to deliver remarkable and strategically planned luxury residences in Kampala and its surrounding areas.

The partnership begins with the development of Urban View Apartments in Kulambiro, a high-rise luxury community offering sophisticated apartment features and resort-style amenities at an affordable price.

With a project value in the billions, Urban View Apartments aims to provide a comprehensive and holistic lifestyle experience for its residents, starting at prices as low as USh128 million for one-bedroom units.

Renowned for its luxury master-planned residences, Edifice Properties is committed to using quality materials like glass and steel to ensure durability and excellence in its projects.

This partnership is expected to meet the increasing demand for value housing in Kampala.

Clients seek genuine and high-quality housing units, and Edifice Properties has garnered support from analysts due to its ability to develop upscale residential and commercial projects.

The value housing projects under the Urban View Apartments brand will offer modern and full-service communities with a wide range of lifestyle amenities and utilities.

These communities will feature educational institutions, healthcare centres, retail outlets, restaurants, community and sports centres, as well as leisure options.

Led by Mr Abbas Rasheed, General Manager at Universal Multipurpose Enterprises Ltd., this partnership is anticipated to expand to other reputable developers in the country.

According to Habitat for Humanity, Uganda currently faces a housing deficit of 2.4 million units, with 210,000 of them in urban areas and 1.395 million in rural areas.

Approximately 900,000 units are considered substandard and require replacement or upgrading.

Considering these statistics, it is evident that more homes need to be built in a country where 70 per cent of the population is under the age of 30. This trend is expected to continue, highlighting the pressing need for affordable and quality housing solutions.

The Kulambiro residential area, where the Urban View Apartments are situated, embodies the essence of a desirable location in real estate.

As the saying goes, “The only three things that matter in real estate are location, location, and location.”

A property’s value can be heavily influenced by its surroundings. While a large home with numerous amenities may be devalued if it is located next to a garbage dump, a modest one-bedroom house in an up-and-coming area can command a substantial price.

Kulambiro, a tranquil neighbourhood characterised by well-established residential and rental houses, along with newly constructed and fenced properties, is witnessing significant growth.

Situated in the Nakawa Division, Northeast of Kampala, Kulambiro has experienced urbanisation since the completion of the Kampala Northern Bypass Highway, which separates the area from Kigoowa to the south.

This development has spurred the transformation of Kulambiro from a rural part of Wakiso District into a burgeoning urban centre.

The highway passes through Kulambiro, connecting Kiwatule to the east with Kisaasi and Bukoto to the west.

Kulambiro is divided into four zones: Kasaana, Tuba, Kulambiro Central, and Kondoboro, all of which fall under the Kyanja Parish in the Nakawa Division, bordering the Kisaasi Parish.

Significant changes in the area began in 1998, leading to a rapid growth in population as more people purchased land and constructed residential houses, as well as a few apartments.

This surge in development has made Kulambiro an attractive location for individuals seeking a peaceful and established community.

The proximity of Kulambiro to key transportation routes and it’s evolving urban landscape have contributed to its desirability among homebuyers and investors.

The partnership leverages the strengths and expertise of both companies to create exceptional living spaces that cater to the diverse needs and preferences of modern residents and

Both companies have a track record of delivering upscale luxury residences and their partnership will redefine the real estate landscape in Kampala and neighbouring areas.

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