1.The Entebbe Expressway: Completed in 2018, the Kampala-Entebbe Expressway is a four-lane toll road linking Entebbe International Airport to Kampala, Uganda's capital city. This development has significantly reduced travel time between these critical points, enhancing accessibility and boosting property values in adjacent areas. Notably, regions like Mutungo-Kitiko have experienced increased land prices and development activities due to their proximity to the expressway making them attractive for residential and commercial investments simply through access. Improved access along well-maintained roads enhances convenience, making it easier to reach workplaces, schools, and the city center. Consequently, properties near quality transport links appreciate faster and attract more tenants, as individuals prefer to avoid the stress of poor roads and long commutes.2. The Kampala Flyover Project
The Impact of Infrastructure Development on Uganda's Real Estate Market"
The Impact of Infrastructure Development on Uganda's Real Estate Market"
Infrastructure development plays a pivotal role in shaping the real estate landscape of any country, and Uganda is no exception. The government's commitment to improving transportation, utilities, and public amenities is indeed changing various regions into attractive investment destinations and in this segment of THREALTY INSIGHTS, we dive into the infrastructure projects that are currently driving real estate growth.
1.The Entebbe Expressway:
Completed in 2018, the Kampala-Entebbe Expressway is a four-lane toll road linking Entebbe International Airport to Kampala, Uganda's capital city. This development has significantly reduced travel time between these critical points, enhancing accessibility and boosting property values in adjacent areas. Notably, regions like Mutungo-Kitiko have experienced increased land prices and development activities due to their proximity to the expressway making them attractive for residential and commercial investments simply through access.
Improved access along well-maintained roads enhances convenience, making it easier to reach workplaces, schools, and the city center. Consequently, properties near quality transport links appreciate faster and attract more tenants, as individuals prefer to avoid the stress of poor roads and long commutes.
2. The Kampala Flyover Project
The Kampala Flyover Construction and Road Upgrading Project aims to decongest the city by separating through-traffic from city-street traffic. Focusing on traffic entering Kampala, especially from Entebbe and Mpigi, the project encompasses key areas such as Shoprite, Clock Tower, and Nsambya. Improved traffic flow is expected to increase the desirability of properties in and around Kampala. Beyond enhancing connectivity, such infrastructure developments open up new areas for development, drawing attention from real estate investors and developers to regions previously considered peripheral.
Apart from enhancing connectivity, highways and transport corridors open up new areas for development. Regions previously considered peripheral are now gaining attention from real estate investors and developers.
3. Utilities and Connectivity Projects
Investments in utilities such as water supply, sanitation, electrification, and internet connectivity are improving the livability of various regions, making them more appealing for residential development. Organizations like the National Water and Sewerage Corporation (NWSC), UMEME (electricity distribution), and internet providers like Liquid Technologies play crucial roles in this sector.
Access to reliable utilities is a key factor in property valuation and demand. For instance, the restoration of power along the Entebbe Expressway after a period of darkness brought relief to road users, highlighting the importance of consistent utility services. Improvements in infrastructure—such as enhanced power grids or water systems—lead to increased property values, as people prefer to live in areas where life is more convenient.
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