Eastern Africa
LEADING REAL ESTATE AGENT IN THE CITY
A Complete Guide for Investor To Know About The Developing East Africa
Eastern Africa holds significant importance for global investors due to the
following five reasons, backed by actual news facts and infrastructure, which
are boosting the overall real estate sector in the region
Projects
26
Since
1991
sq.m. Built
6870
1) According to recent reports, countries like Ethiopia, Kenya, and Uganda
have shown impressive GDP growth rates, creating a favorable investment
environment, making it an attractive destination for global investors
2) Governments in Eastern Africa are investing heavily in infrastructure
development projects, including transportation networks, ports, and energy
facilities. For example, the construction of the Standard Gauge Railway
(SGR) in Kenya has improved connectivity, facilitated trade, and enhanced
accessibility to different regions.
3) Major cities like Nairobi, Addis Ababa, and Kampala are witnessing a
surge in population and a growing middle-class segment. This demographic
trend has led to increased investments in residential and commercial real
estate projects. Moreover, The World Bank Group even said that Kampala is
projected to become a mega city of more than 10 million people by 2040.
Kampalaโs current population as of 2023 sits at an estimated 3.8 million
people.
4) Eastern Africa is home to several world-renowned tourist destinations,
including the Serengeti National Park, Maasai Mara Reserve, and Mount
Kilimanjaro. The region’s rich biodiversity and cultural heritage attract a
significant number of tourists each year
5) Governments in Eastern Africa have implemented policies and reforms to
encourage foreign direct investment (FDI) in various sectors, including real
estate. These policies aim to ease regulations, provide tax incentives, and
ensure a transparent business environment.
With the combination of the factors discussed above, the real estate sector
in the overall Eastern Africa is experiencing significant growth as a result,
with a range of residential, commercial, and hospitality projects catering to
the growing demand in the region
Projects
26
Since
1991
sq.m. Built
6870
REAL ESTATE
My Journey in Residential Real Estate
I still vividly recall the days when the horizon was adorned with budding homes that symbolized
the dreams of millions. Then came the visionary initiative of Pradhan Mantri Awas Yojana (PMAY)
by the government. Through conversations with my colleagues I became aware of reports from
the Ministry of Housing and Urban Affairs that highlighted the construction of over 10 million
houses since 2015 (Ministry of Housing and Urban Affairs 2023). As we built these homes I could
sense the heartbeat behind our nations aspiration for housing for everyone.
In bustling metropolises like Mumbai and Delhi I’ve also witnessed the emergence of luxury
apartments boasting views and cutting edge amenities. It’s not merely about bricks and mortar;
it’s, about curating experiences.
Projects
26
Since
1991
sq.m. Built
6870
REAL ESTATE
When Office Spaces and Retail Establishments Took Center Stage
As time passed by our focus expanded to encompass spaces.
Tech giants entered the market and cities such, as Bangalore and Hyderabad experienced a surge
in demand for office spaces. At the time shopping complexes became topics of discussion thanks
to Indiaโs growing middle class
Projects
26
Since
1991
sq.m. Built
6870
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