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Noah to inaugurate residential complex

Noah Real Estate PLC, one of the Capital’s growing upscale real-estate holding companies, is set to inaugurate its latest project and is set to hand over 200 properties to home buyers in the Gurdshola area tomorrow, where it has also completed villas in the area, near the headquarters of the Ethiopian Economics Association.

Gov’t revises selling price of condominium houses

The Ministry of Urban Development and Construction (MoUDC) revealed a twofold price increment for condominium housing schemes and reversed the earlier promise to award first, those house seekers who have deposited 100 percent payment for 40/60 housing schemes be scraped, and made eligible those who have managed to save 40 percent and above to be added to the lottery draw.

Fresh list of shops up for auction

In its 15th round of auction, the Addis Ababa City Housing Agency made 1,050 shops available for interested buyers in various locations across the city, The Reporter has learnt.

Local firm plans to build houses from plastic bottles

Some of the millions of the discarded plastic bottles in Ethiopia are being recycled in Adama and turned into eco-friendly homes courtesy of SIMCON Technologies PLC. This comes after the local company found inspiration from the experiences of accident prone nations such as Bangladesh and Nigeria, who have used theirs to build homes to a population in need of affordable homes.

Three shortlisted for cement supply

Three local companies have made it to the next stage in the bid to supply a billion birr worth of cement for public housing projects, according to the Addis Ababa Public Procurement and Property Disposal Agency.

City awards 1.23 bln rebar contract to Steely

Steely yet to accept the award Steely RMI PLC is finally awarded the supply contract of 50,084 tons of reinforcement bars at a total price of 1.23 billion birr by the Addis Ababa Public Procurement and Property Disposal Service, this week, it was learnt.