Real Estate Development
Overview
Accommodation in Dar es Salaam and other cosmopolitan areas is in acute shortage due to, among other reasons, the rapid growth of economic projects, which have attracted a huge population of persons (international and local) with the need of residence. Investors may form a synergy with National Housing Corporation (NHC) or Tanzania Building Agency (TBA), or other private firms and provide commercial building solutions for residential and commercial purposes.
Quick Facts
- Population: 60 million at a growth rate of 2.7% pa;
- Government Head Quarter and functions moved from Dar es Salaam to Dodoma the Capital;
- High demand for resident houses, Hotels and offices accommodation in Dodoma;
- Demand of modern housing is increasing across the country.