Monday , February 19 2018
Home / Business / National Housing launches Impala estate

National Housing launches Impala estate

NHCC Bosses and government at the launch of a new estate recently COURTESY PHOTO
NHCC Bosses and government at the launch of a new estate recently COURTESY PHOTO

Impala Housing Estate in Namungoona, Kampala, which adds 133 housing units and 192 apartments to the country’s housing sector, has been launched.

Set up by the National Housing and Construction Corporation (NHCC), this is the 4th phase in the Namungoona area and is an addition to the existing 200 units that NHCC completed in 2014.

Prime Minister Dr. Ruhakana Rugunda launched the project, applauding NHCC for their resolve in improving the housing sector. He pledged to work closely with the line ministry to implement the government’s plan to improve on the housing situation in Uganda.

CEO Parity Twinomujuni said their projects are a contribution to Uganda’s vision 2040 and more are in the pipeline.

“Every month of this year, we intend to launch new projects so that we can ably add onto the housing stocks in Uganda so as to address the housing deficit that we face. This deficit is a major contributor to the pricing of housing in Uganda,” he said.

He said the launch of the Impala Housing Estates serves to show that NHCC is strong in its resolve to provide the best housing solutions available in Uganda. This comes on the heels of the launch of the Jasmine apartments in Naalya recently. The apartment phase of this project is expected to be completed in 18 months.

Agnes Kalibala, the NHCC chairperson, said they are committed to their mandate to build quality and durable homes for Ugandans despite the challenges. “We are faced with a number of bottlenecks that we need support from government to address urgently,” she said.

“Our cost of doing business is extremely high and we are looking to have the government and all stakeholders to look into the matter and help bring the costs down so that we too can lower the costs of these houses to the consumers.”

Leave a Reply

Your email address will not be published. Required fields are marked *