back to top
HomeBusinessSudhir’s Rental Arrangements With Government Departments Do Not Violate Any Rules

Sudhir’s Rental Arrangements With Government Departments Do Not Violate Any Rules

Published on

- Advertisement -spot_img

Government departments renting space from Kampala tycoon Sudhir Ruparelia’s vast real estate projects don’t violate laws.

Kira Municipality Member of Parliament Ibrahim Ssemuju Nganda was a few days ago quoted as suggesting that government departments shouldn’t be renting space from the businessman’s properties.

But experts and public commentators say the businessman, also one of the leading taxpayers in the country, who invests millions of dollars in erecting up-to-date office, business and residential premises breaks no law inviting tenancy deals from government agencies.
In fact, most of Mr Ruparelia’s clients are from the private sector.

“GoU isn’t in real estate [business]. Sudhir is. It’s his core business. They’ve done business for ages. What’s the issue?” one public commentator Allan Kassujja said.

Mr Ruparelia, through his Meera Investments Ltd and Crane Management Services Ltd, is one of the leading estate developers in the region with signature projects like Kingdom Kampala, Hardware City, Market Plaza, and Kampala Boulevard building, among others.

Sudhir’s business empire also spans hotels and the hospitality industry, floriculture, education and schools to media, insurance, forex, and banking.

The city business mogul is currently plotting the re-development of the former Chieftaincy of Military Intelligence (CMI) headquarters on Yusuf Lule Road in Kampala, with a multi-million dollar massive Business Park, that will host office premises, a shopping centre, health and leisure amenities among others.

According to the artistic impressions—The Pearl Business Park — is an 18-acre mixed-use facility that will host a 5-star hotel, a shopping mall and a modern hospital when complete.

Phase one of the project to be completed soon, will cater to office space while the building will have 16 lettable floors with 27,240 sqm of built-up area.

Related

One Dead As Minister Nabakooba Survives Mpigi Road Accident

he Minister of Lands, Housing and Urban Development, Judith Nabakooba, narrowly survived a road...

EAMV Backs Kabaka Birthday Run With UGX 10M, Bridging Industry and Public Health

East African Medical Vitals (EAMV) has reaffirmed its commitment to community health and national...

President Museveni, Please Appoint Wealth Creators As Cabinet Ministers In Your Next Govt

Well, there are fake cabinet lists already circulating online. Some are just noise makers...

Panic at Uganda Human Rights Commission as IGG Kicks off Probe into Alleged Corruption, Abuse of Office

KAMPALA — Panic and uncertainty have gripped the Uganda Human Rights Commission (UHRC) following...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Here is why the Faras Uganda is the Ultimate Convenience Mobility App for Every Ugandan

Kampala, Uganda – In a fast-paced world where time is increasingly precious, Ugandans are...

Museveni Inaugurates De Heus State Of The Art Fish Feed Factory In Njeru, Buikwe

Njeru, Jinja: De Heus Animal Nutrition, a global leader in animal feed solutions, has...