Tirupati constructs bedsitters for the low-income earners
Aug 15, 2008
A one bedroom house does not always have to be a rented tenement. One can actually own a one-room house.
By Mikaili Sseppuya
A one bedroom house does not always have to be a rented tenement. One can actually own a one-room house.
Tirupati Developments’ Nkumba Village estate has one of those options, where one can buy a one-room house or more space dwelling on a flat, with a down-payment of 20% of the total price, under the Condominium Act.
“We are introducing the concept of house ownership, where people will own semi-detached flats,†says Miraj Barot, the marketing manager of the estate on Entebbe Road.
The company has completed several semi-detached flats ranging from one to three bedrooms in their $10m estate. The project that will have 320 houses will be completed in July next year.
“The flats are made with quality materials, have extra wide tinted glass windows and a high ceiling to enable a cool breeze through the house,†says Barot.
The one-room house goes for sh12m, a two-room for sh13m and three-room for sh15m. A one-bedroom house goes for sh55m, two-bedroom for sh65m and three-bedroom for sh75m. Several banks have offered mortgages for buyers, says Barot.
On completion, the estate will have a shopping centre, a health club and a children’s park.
A one bedroom house does not always have to be a rented tenement. One can actually own a one-room house.
Tirupati Developments’ Nkumba Village estate has one of those options, where one can buy a one-room house or more space dwelling on a flat, with a down-payment of 20% of the total price, under the Condominium Act.
“We are introducing the concept of house ownership, where people will own semi-detached flats,†says Miraj Barot, the marketing manager of the estate on Entebbe Road.
The company has completed several semi-detached flats ranging from one to three bedrooms in their $10m estate. The project that will have 320 houses will be completed in July next year.
“The flats are made with quality materials, have extra wide tinted glass windows and a high ceiling to enable a cool breeze through the house,†says Barot.
The one-room house goes for sh12m, a two-room for sh13m and three-room for sh15m. A one-bedroom house goes for sh55m, two-bedroom for sh65m and three-bedroom for sh75m. Several banks have offered mortgages for buyers, says Barot.
On completion, the estate will have a shopping centre, a health club and a children’s park.