How to invest in real estate like billionaire Dr Sudhir Ruparelia: 10 tips from Uganda’s largest landlordAlthough Meera Investments Limited, the property development arm of the Ruparelia Group was formally registered in 1994, the Chairman and Founder of the giant Ruparelia Group started investing in property in 1986. Today he has over 400 office, retail, industrial and residential properties in Uganda. His properties cater to an estimated footfall of 150,000 people per day- just about 10% of Kampala’s daytime population. Meera Investments is also one of the most compliant and largest taxpayers in the country. Yesterday the businessman appeared at the Uganda Revenue Authority (URA) organised e-Bomba Ya Business Summit to talk about how to build a solid real estate business. Here are the 10 property investment tips I learned from the billionaire, whose Ruparelia Group includes over 28 companies in financial services, real estate, education, hospitality, agriculture, and media/broadcasting.
A seasoned investor, Dr. Sudhir Ruparelia started investing in property in 1986. Today his property empire straddles over 400 properties and accounts for almost 10% of Kampala's daytime footfall. PHOTO/Courtesy
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Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.