Meera Investments Ltd

PROPERTY OF THE MONTH: One-10 Apartments in Kololo⏤ a mix of 156 luxury apartments  and penthouses for sale

by Muhereza KyamuteteraCompany NewsIndustry & AnalysisThe Big StoryJuly 14, 2023July 14, 2023

Ruparelia Group, through Meera Investments Limited, its property development arm has commenced the construction of One-10 Apartments, its one-of-a-kind luxury for-sale homes project in Kololo, an upscale neighbourhood in Kampala,…

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Court yet again declines to block foreclosure of Simbamanyo House and Afrique Suites Hotel

by CEO ReporterThe Big StoryApril 15, 2022April 15, 2022

The High Court’s Commercial Court has declined and dismissed an application by Simbamanyo Estates Limited, and its owner, Architect Peter Kamya to temporarily halt the transfer of two properties mortgaged…

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Is Peter Kamya’s attempt to regain his lost properties headed for early failure as new information that he did not pay appropriate court filing fees surfaces?

by The CEO Magazine TeamThe Big StoryDecember 2, 2021December 2, 2021

Architect Peter Kamya’s chances of ever winning back his foreclosed Simbamanyo House appear to be getting dimmer and dimmer every day.Hardly days after the proprietor of Simbamanyo Estates Limited appealed…

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Simbamanyo Estates to pay UGX1.3 billion legal costs to Equity Bank, Two Companies

by CEO ReporterThe Big StoryNovember 18, 2021November 18, 2021

The Commercial Court in Kampala has ordered Simbamanyo Estates Limited and proprietor Peter Kamya to pay UGX1. 3 billion worth of legal costs to Equity Bank Uganda and two other…

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ANALYSIS: Is Simbamanyo’s Peter Kamya an innocent victim or a dishonest businessman trying to cheat Equity Bank? Did he also lie to Museveni to arm-twist the banks?

by The CEO Magazine TeamThe Big StorySeptember 27, 2021September 27, 2021

Last week a letter from President Yoweri Kaguta Museveni directing the Bank of Uganda Governor, Prof. Emmanuel Tumusiime Mutebile, to investigate the foreclosing of properties, belonging to Architect Peter Kamya…

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High Court again dismisses bid by businessman and former owner of Simbamanyo House to overturn bank foreclosure of his properties

by Muhereza KyamuteteraCommercial JusticeCompany NewsNews & AnalysisJuly 30, 2021July 30, 2021

High Court Judge, Hon. Lady Justice Susan Abinyo has today, dismissed an appeal by businessman, Peter Kamya and his Simbamanyo Estates to overturn the foreclosure of his properties by Equity…

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MEGA PROJECT: Ruparelia Group’s Meera Investments, breaks ground for USD15 million office and retail tower at Kitante, Kampala

by CEO ReporterCompany NewsNews In PicturesThe Big StoryJuly 10, 2021September 23, 2022

Meera Investments Limited, the property development arm of the Ruparelia Group, this month broke ground for the construction of Tower 1, a 12-storied retail and office property, in Kitante, in…

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BUKOTO LIVING: Rajiv and Sheena Ruparelia, cut their first real estate teeth, unveil their very first 27 condos-for-sell project

by CEO ReporterCompany NewsThe Big StoryMarch 20, 2021March 21, 2021

For the last six years or so, siblings, Rajiv Ruparelia and Sheenah Ruparelia have spent time under the tutelage of their property mogul and billionaire father, Dr Sudhir Ruparelia.After his…

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“FALSE AND INACCURATE”; Sudhir’s lawyers tear apart BoU’s media statement on its planned court appeal

by Muhereza KyamuteteraThe Big StoryJuly 3, 2020July 3, 2020

Kampala Associated Advocates, the law firm representing Dr. Sudhir Ruparelia, has dismissed as “inaccurate and false,” the contents of a media statement made by Bank of Uganda regarding its intended…

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How Sudhir Defeated BoU to Retain Crane Bank Branches

by URNThe Big StoryJune 25, 2020June 25, 2020

City Mogul, Sudhir Ruparelia of the Ruparelia Group is in up mood having defeated Bank of Uganda’s attempt to take over properties formerly housing the defunct Crane Bank.Sudhir has since…

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