Uganda’s property mogul, and Forbes Billionaire Dr Sudhir Ruparelia will be one of the key note speakers at the Uganda Revenue Authority’s e-BOMBA YA BUSINESS summit to be held on Friday.
The Capital Times has learnt that Dr Sudhir Ruparelia will be part of the panel to deliberate on – “Investing in Real Estate: What you must Know and Do
The Tycoon will deliberate alongside Irene Mbabazi Irumba the Assistant commissioner Compliance Management URA, Shirely Kongai the President association of real estate’s agents Uganda, Jude Rugasira CEO Knight Frank and will be moderated by journalist Frank Walusimbi.
According to the mogul, Sustainable development cannot be achieved without significantly transforming the way “we build and manage our urban spaces. To attain sustainable economic growth and development, investment in infrastructure and innovation are crucial drivers”.
“Crane Management Services was initiated with the sole purpose of providing a lasting Real Estate solution aimed at making all stakeholders happy through providing quality residential, commercial (retail, official, and apartments), and industrial space”.
“We are passionate about this and we continue to exceed our expectations in delivering better real estate projects”.
Ruparelia Group whose Chairman is Sudhir Ruparelia is mainly involved in education, real estate development and management, hotels, resorts, floriculture and broadcasting. Sudhir Ruparelia, the Group’s founder and chairman, is the majority shareholder in the companies that comprise the group
Some of the companies include: Crane Management Services Limited – Kampala, Dehli Public International School–Naguru, Kampala, Goldstar Insurance Company Limited – Kampala, Kabira Country Club – Bukoto, Kampala, Kampala International School Uganda, Kampala Parents’ School, Kampala Speke Hotel – Kampala, Meera Investments Limited – Kampala, Munyonyo Commonwealth Resort – Munyonyo, Premier Roses Limited – Entebbe and Rosebud Limited – Entebbe.
Other companies under the Ruparelia Group include; Sanyu FM 88.2 – Kampala, Speke Apartments Limited – Kampala, Speke Resort and Conference Center – Munyonyo, Kampala, Tourist Hotel Kampala, Victoria University Uganda , Premier Recruitment Limited,
The group owns commercial and real estate interests in Rwanda, South Sudan, the United Kingdom, and the United Arab Emirates.
The companies under Ruparelia Group are one of the top taxpayers in Uganda.
For instance, Meera Investments Limited tops the list of 25 compliant companies that were ranked best by the Uganda Revenue Authority (URA) in paying rental income tax in the financial year 208/19 that saw the Authority beat the target by Shs258.89 billion to collect a total of Shs16.6 trillion in taxes to government.