The dream to own an affordable house within the capital Kigali may be glowing right in the eyes of its dwellers with the latest inauguration of construction of housing units that will each cost between Frw12-35 million.
Monday morning, Claver Gatete, the Infrastructure Minister, cut a ribbon at the ground breaking event to launch construction of more than 2000 affordable homes in Kigali. This whole zone will be called Rugarama Estate.
The developer, Remote Estates, says Rugarama Estate homes will cost between Rwf12m and Rwf35m.
Project engineers say the project will have 1,200 stacked townhouses.
The developer has committed to deliver at least 400 homes every five months.
The Estate is planned to sit on a 30-hectare piece of land between Nyamirambo and Rebero in the capital Kigali.
“The entire project will cost over $50 million and will easily accommodate 10,000 new residents,” the Ministry said early Monday during the ground breaking event.
The project is a joint venture between Shelter Afrique, Development Bank of Rwanda (BRD) and Remote Group, an engineering and construction firm.
There are slightly more than 1.2million residents in Kigali city but facing tight housing challenges in this rapidly growing and expanding city. The city needs almost 344,068 housing units by 2022.
A government study (2016) estimates that 60% more housing units are needed for low and middle class residents.
Kigali city has made a promise to deliver at least 10,000 housing units annually to fix this gap and Rugarama Estate homes are part of this partnership.
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