The Ruparelia Group has put 156 units on the market at its One-10 Apartment development in the upscale Kololo suburb. (Ruparelia Group is selling 156 units at the luxurious One-10 Apartments in Kololo)
The apartments on Prince Charles Drive come with one, two, three, or four bedrooms.
The Ruparelia Group, which had previously invested in the build-to-let business and still owns and operates approximately 300 properties in Kampala, launched its build-to-sell division in 2018 to create opportunities for both Ugandan and foreign investors to leverage the Group’s economies of scale and expertise to affordably own world-class and high-value property in Kampala’s finest locations.
Tagore Living (28 apartments) and Bukoto Living (28 apartments) have already been delivered to the market by the Group. One-10 is not only the group’s largest build-to-sell project, but also the largest project in the country, with 156 units.
The exclusivity of One-10 Apartments is paramount.
evoking the classic way of life with a modern twist
It has a modern outlook, making it an ideal place to buy an apartment in Kampala.
The spacious apartments will have unobstructed city views and have been specially designed for comfort and modern living. The finishes have been carefully chosen to be long-lasting.
aesthetically pleasing and climate appropriate for the city
“All over the world, real estate is regarded as one of the most secure long-term investments.”
Uganda is no exception when it comes to investment opportunities. “Our vision is to provide opportunities for both Ugandans and foreigners to invest in and own property in Uganda, whether for residential or investment purposes.” Ruparelia Group Chairman Sudhir Ruparelia says.
“Mera Investments Ltd. is one of the leading developers in the country, backed by strong financials and over 25 years of experience in building developments ranging from schools to hotels to commercial projects.”
and Uganda’s most well-known developers the fact that our projects dominate Kampala’s skyline attests to our credentials and credibility,” he adds.
“With its prime location, spacious and modern apartment designs, and array of communal areas, including a proposed café and poolside bar, One-10 Apartments is the most luxurious addition to our Build-to-sell arm in Meera Investments,” Group Managing Director Rajiv Ruparelia says.
“We see every project as an opportunity to improve people’s living standards and to change our world for the better from an aesthetic, functional, and environmental standpoint,” Director Sheena Ruparelia says.
A one-bedroom apartment costs $182,000, with an estimated annual rental return of $30,000.
A two-bedroom apartment starts at $221,000 and has an annual rental return of $38,000.
A three-bedroom apartment starts at $330,000 and can generate $43,200 in rental income per year.
A four-bedroom apartment will set you back $445,000, and if you rent it out, you could earn $57,000 per year. (Ruparelia Group is selling 156 units at the luxurious One-10 Apartments in Kololo – Showbiz in Uganda 2022)