Construction of at least 2,000
affordable housing units will be launched on 31 May in Nyamirambo Sector,
Nyarugenge District, developers have announced.
The project is under Rugarama
Park Estate, a joint venture between Shelter Afrique, a pan-African housing
finance institution and the Development Bank of Rwanda (BRD).
The planned units were developed
by Rugarama Park Estate and Remote Group – an engineering firm and are in
accordance with the City of Kigali masterplan and the affordable housing
program under the National Housing Policy.
Rugarama Park Estate will have
public parks, community buildings, shops and a market place.
“The housing units will be
affordable for an average Rwandan’s income. In order to achieve this, Remote
Group has developed an efficient construction method referred to as Aerated
Autoclaved Concrete masonry, which will be produced locally by the Remote
Group,” reads a statement from the developers.
The high-density estate has been
designed to be comfortable, convenient and dignified, the statement adds.
In November last year, the
Minister of Infrastructure, Claver Gatete held a meeting with the new MD of the
Pan African Mortgage Financier, Shelter Afrique, Andrew Chimphondah to discuss
financing opportunities for Rugarama Park Estate.
The project plans to build about
2,800 affordable houses on a 42-hectare piece of land located in Nyamirambo
The entire housing project is
estimated to cost $131 million and accommodate 14,000 people as well as create
hundreds of temporary and permanent jobs.
According to a study dubbed
“Housing Market Demand, Housing Finance and Housing Preferences for the
City of Kigali”, conducted by Planet Consortium in 2012, the annual demand
for new dwellings were 31,279 housing units per year against the supply of
about 1000 units.
There is a gap because there is
an annual deficit of about 30,279 dwelling units.
Rwanda targets to have 35% of urbanisation by 2024 from 18.4% in 2017, the move that will need more dwelling units.https://allafrica.com/stories/201905300199.html